Grocery giant Kroger plans to close 60 stores within the next 18 months, according to its 2025 first quarter earnings report. The Cincinnati-based company currently operates over 2,700 grocery stores across 35 states under its Kroger brand and 19 other brands.
The store closures are expected to result in a modest financial benefit for the company, which will be reinvested into improving the customer experience. Despite this, the closures will not impact Kroger’s full-year guidance. Affected employees will be offered roles in other stores, ensuring minimal disruption to its workforce.
Kroger will not release a list of specific stores slated for closure, but all affected locations will fall under the Kroger and other brands. This move is part of the company’s ongoing efforts to adapt to changing market conditions and customer needs.
Source: https://abcnews.go.com/GMA/Food/kroger-close-60-stores-18-months/story?id=123147466