Kroger to close dozens of stores before 2027

The American grocer is planning Kroger to close dozens of stores by the end of next year.

And its huge Cincinnati Grocery store chain This announcement was issued on Friday. The profit report in the first quarter 2025 said that he runs thousands of supermarkets and pharmacies throughout the country and plans to close 60 stores in the next 18 months.

Director Ron Sargent said in an invitation of profits that the company’s profits “exceeded our expectations,” Director Ron Sargent said in an invitation of profits that the company reviewed the areas that are meaningless for its growth in the future and decided that the closure of stores “would make the company more efficient.”

“Unfortunately, today, not all of our stores offer the sustainable results we need,” said Sargent on Friday. “To put our company for success in the future, this morning, we announce plans to close nearly 60 stores over the next 18 months.”

Kroger casts the latest punch in a legal battle with Albertsons

The report said that the closure cost Kruger to a decrease in the value of 100 million dollars.

However, as a result of the closure, the company expects a “modest financial benefit” and plans to re -invest in customer experience. The loss is not expected Impact on the entire year instructions.

The viral video is forced into controversial holiday cakes

Kroger Fox News Digital told the company that the company will not issue a list of sites that will be affected at this time.

index	protection	last	Changing	% Change
Kr	Kroger.	71.97	+6.45	+9.84 %

All employees will be from the closing stores Job display In other locations, according to the report. Kroger currently employs approximately 410,000 partners throughout the country.

Get Fox Business on the Go by clicking here

The company’s total sales of $ 45.1 billion in the first quarter, compared to $ 45.3 billion for the same period last year.