Publix Super Markets announced Tuesday that it has entered into an agreement to buy two closed Lowes Foods stores, including one in Cary.
The deal is expected to close later this month. Terms weren’t disclosed.
Publix said opening dates for the new stores will depend on the amount of remodeling required at each site. The stores being acquired are in Millpond Village at 3480 Kildaire Farm Road in Cary and at 1949 Hoffman Road in Gastonia.
Publix has been expanding rapidly into North Carolina, opening eight new stores within the past year. Last year, the company opened its first Triangle store in Cary in the Bradford shopping center at Davis Drive and High House Road.
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Lowes Foods closed its Kildaire Farm Road store in Cary last fall, one of four “underperforming” stores the company shuttered.