"Reynolds Mountain bought out our lease," store manager Rebecca Stewart told Xpress.
Reynolds Mountain, however, tells a different story.
"Their lease runs out at the end of December," spokesperson Leslie Groetsch told Xpress, adding that the decision came from Food Lion's corporate management.
Reynolds Mountain owns the shopping-center property and is at the heart of a collaboration with the town of Woodfin to build a central commercial and residential downtown core for the area.
The store will transfer all of its full-time employees to other stores in the area, Stewart said. Starting Dec. 5, the store began offering 30 percent off all products except alcohol and tobacco.
As for the store's replacement, Groetsch said that "our own plan calls for a grocery store that is appropriate to the needs of the area."
Asked about what Reynolds Mountain means by "appropriate," she added that "there are two Ingles near here, there's a Fresh Market just down the road. We're looking at several different options right now."