California-based grocery chain Good Food Holdings (the same company that owns Metropolitan Market) has bought New Seasons, and will be shaking things up in their Seattle locations: along with the Ballard closure, they’ve scrapped previous plans to open a new location in the Central District, as the Puget Sound Business Journal reports.
New Seasons was started in 1999 in Portland, where there are 18 stores. There are currently two in Seattle; one in Ballard and one on Mercer Island. The Mercer Island store will be converted into another Metropolitan Market.
“We believe this new ownership structure will allow us to even better support the long-term health of the business and deliver on our mission,” New Seasons CEO Forrest Hoffmaster wrote in a letter to employees, as reported in Oregon Live.
The PSBJ reports that the new owners, Good Food Holdings, is a subsidiary of Emart and part of a global South Korean retailer, The Shinsegae Group.
We’ve reached out to the Ballard store to learn more about when they’ll be closing, and will update with any new information.