Grocery giant to close dozens more stores across US
- Kroger is moving forward with plans to close 60 stores nationwide by the end of the year, with 39 locations across 15 states already shuttered.
- The closures affect multiple regional banners, with Kroger-branded stores taking the largest hit, followed by Harris Teeter and Pick ‘n Save locations.
- Chairman and interim CEO Ron Sargent stated the closures are intended to simplify business operations and refocus resources on high-growth areas.
- While store workers are being offered jobs at other locations, Kroger announced plans to eliminate nearly 1,000 corporate and administrative positions.
- The grocery giant still operates around 2,800 stores nationwide and is currently pursuing a $1.65 billion acquisition of the Giant Eagle chain.
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