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Both retailers are back in cost-cutting mode after their megamerger failed. Here’s what to watch in the months ahead.
While Kroger just announced it would shutter 60 unprofitable stores over the next 18 months, it plans to reinvest the savings back into the business.
Major grocery chain Kroger plans to close 60 underperforming stores following the ouster of its CEO and failed merger with rival Albertsons.
Interim Kroger CEO Ron Sargent said Thursday the retailer wants to ramp up new store construction in 2026.
Kroger revealed in its first quarter earnings report, released on June 20, that it plans to close 60 grocery stores — or about 5% of its current 1,239 locations — over the next 18 months. Kroger ...
Kroger plans to close 60 stores over the next 18 months. Affected employees will be offered positions at other locations, the grocer said.
Kroger, one of the largest grocery chains in the United States, is undergoing a period of significant upheaval. The company has announced plans to close 60 locations across 16 states over the next ...
Kroger is set to close about 5% of its grocery stores — amounting to approximately 60 locations — over the next year and a half.
While Kroger just announced it would shutter 60 unprofitable stores over the next 18 months, it plans to reinvest the savings back into the business.
Customers are changing the way they shop, and Kroger's top executive says the shift could reshape the entire grocery industry.
Grocery giant Kroger has announced it will be closing approximately 60 underperforming stores over the next 18 months.
Which Kroger locations are closing? Kroger has not released a full list of stores set to close, but news of some specific closures has emerged.