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Lucky's Market, which lost a major investor when Kroger announced it was divesting its stake in the retailer, said yesterday that it will close down 32 of its 39 stores in nine states.

Florida, where Lucky's had its greatest presence with 21 stores, will see 20 of those units shuttered.

<i>USA Today</i> writes that "the natural and organic foods grocer was founded in 2003 by husband and wife Bo and Trish Sharon. The store is known for its 'Sip & Stroll' program that allows customers to drink a pint of beer or glass of wine while shopping."  

Kroger CEO Rodney McMullan said he decided to get out of the investment because "we just didn't think it created a good return."