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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.
Kroger, the parent company of Ralphs and Food 4 Less, is reducing its footprint after the resignation of its chief executive and a failed merger with competing grocery giant Albertsons.
Kroger plans to close 60 stores over the next 18 months. Affected employees will be offered positions at other locations, the grocer said.
Major grocery chain Kroger plans to close 60 underperforming stores following the ouster of its CEO and failed merger with rival Albertsons.
Kroger is set to close about 5% of its grocery stores — amounting to approximately 60 locations — over the next year and a half.
Kroger announced in its first quarter 2025 sales report that it will be closing "approximately 60 stores" over the next 18 months.
Among Kroger’s 12 top executives, four are women and two have critical operations experience that might put them in the running for the top spot.
Among Kroger’s 12 top executives, four are women and two have critical operations experience that might put them in the running for the top spot.
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