Question
This was major news in Savannah covered by the local media as well as national news. View the CNN story at this link. Lucky's Files
This was major news in Savannah covered by the local media as well as national news. View the CNN story at this link. Lucky's Files for Bankruptcy You may also want to local at other resources as well.
Companies like Kroger aren't expected to have failures like this, although they happen almost daily. Treat this as a case study of a business plan that was thoughtfully developed, well implemented and was successful by all accounts, but ended up in bankruptcy.
Start with a brief synopsis Kroger's purchase of Lucky's and the intended strategy on which it was based. What went wrong and why? What were the internal and/or external factors that contributed? What's the likely future of Lucky's?
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