\t\t\t\t\t\t\tIn a recent newsletter to stakeholders, Wheatsville Food Co-op stated there had been \u201ca change in plan,\u201d regarding the acquisition of two local Fresh Plus neighborhood grocery stores in North Austin.<\/p>\n
What\u2019s happening?<\/p>\n
Previously, the company had announced plans to take over the two grocers as it prepares to shutter<\/a> its 50-year location on Guadalupe Street near The University of Texas at Austin<\/a> campus sometime in late 2026.<\/p>\n Company leaders launched a $4 million community-funded campaign venture in August to support the future co-op grocery store locations in North Austin.<\/p>\n However, in the organization\u2019s October newsletter<\/a> General Manager Bill Bickford told patrons to prepare for the store\u2019s closure and operation out of its remaining location on South Lamar Boulevard.<\/p>\n \u201c… After a great deal of consideration and based on information obtained during our due diligence period, we shared with owners that the deal we were exploring [with Fresh Plus] was no longer financially viable and that we would not be moving forward,\u201d Bickford states.<\/p>\n A manager at Fresh Plus in the Hyde Park neighborhood\u2014one of the t<\/a>wo locations previously considered<\/a>\u2014confirmed the deal had \u201cfallen through.\u201d<\/p>\n “><\/p>\n","protected":false},"excerpt":{"rendered":"In a recent newsletter to stakeholders, Wheatsville Food Co-op stated there had been \u201ca change in plan,\u201d regarding…\n","protected":false},"author":2,"featured_media":54101,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,4235,29893,29889,134,19729,133,29378,29895,29887,29894,29896,29891,29886,29892,29888,3515,29890],"class_list":["post-54100","post","type-post","status-publish","format-standard","has-post-thumbnail","category-austin","tag-austin","tag-austin-business-news","tag-austin-co-op-grocery","tag-austin-grocery-stores","tag-austin-headlines","tag-austin-local-markets","tag-austin-news","tag-austin-retail-news","tag-community-funded-campaign","tag-fresh-plus","tag-fresh-plus-deal","tag-grocery-store-acquisition-austin","tag-guadalupe-street-austin","tag-here-are-seo-friendly-keywords-in-a-comma-separated-list-based-on-your-story-wheatsville-food-co-op","tag-hyde-park-austin","tag-north-austin-grocery","tag-south-lamar-boulevard","tag-wheatsville-closure"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/54100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=54100"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/54100\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/54101"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=54100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=54100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=54100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}