Waterloo Community Stunned by Impending Closure of Vital Grocery Store
Many national chains have been shutting down here in the Hawkeye State over the past few months.
Now, one of the most well-known grocery store franchises in the Midwest is closing down two major locations.
Officials from Hy-Vee have announced that they plan to close up several essential grocery store locations this summer, and one of them is right in Waterloo.
The other location is in Cedar Rapids.
Which Waterloo Hy-Vee Location Is Closing?
According to reports, the Hy-Vee on Logan Avenue in Waterloo will be no more by the end of this summer. This Hy-Vee location also contained a bank and a pharmacy.
The Mayor of Waterloo Quentin Hart was shocked and "disappointed" when he found out about this closure.
"I grew up with this Hy-Vee; the original store was built in 1969, so there is a tremendous amount of history involved."
In his statement he claimed that he had gone to upper-level management at Hy-Vee to see if anything could be done about the closing.
Hart says that he and city officials will continue to reach out the company's office to "address the closing, while making sure we look for new opportunities.”
Why Is It Closing?
In a recent report, the Senior Vice President of Communications, Tina Potthoff said that these closures were due to the stores not meeting "financial expectations."
What Other Hy-Vees Will Be Shutting Down?
The two locations that are set for closure in Eastern Iowa are in Waterloo and Cedar Rapids.
Logan Avenue, Waterloo Hy-Vee: Located on Highway 63 North, in northern Waterloo
First Avenue, Cedar Rapids Hy-Vee: Located on Highway 151 (1st Avenue NE). In northeastern Cedar Rapids
The stores are both set to shut down on June 23rd, 2024 at 6:00 PM.
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