Kroger to Close 60 Stores Nationwide by 2026 | What You Need to Know https://newsplusglobe.com/ Description Kroger announced it will close about 60 stores across the U.S. over the next 18 months. Learn which stores might be affected, how employees will be supported, and what this means for shoppers. Stay informed with News Plus Globe. Hashtags #Kroger #StoreClosures #GroceryNews #RetailNews #KrogerStores #SupermarketClosures #Kroger2025 #BusinessNews #NewsPlusGlobe
00:00Breaking news from one of America's largest grocery chains.
00:04Kroger has announced plans to close approximately 60 stores across the United States over the next 18 months.
00:11This strategic move comes as part of Kroger's effort to streamline operations and focus on enhancing the customer experience.
00:20Kroger operates over 2,700 stores nationwide, and these closures represent about two of its total locations.
00:27The company confirmed that the affected stores will be gradually phased out, with final closures expected by the end of December 2026.
00:38Importantly, Kroger has assured employees working at these stores that they will be offered positions at other nearby locations,
00:46provided they can accommodate the new travel arrangements.
00:49Interim CEO Ron Sargent emphasized that these closures are planned and targeted at underperforming stores spread throughout the country.
00:58He also highlighted Kroger's commitment to reinvesting the savings from these closures back into the business.
01:06Focusing on store renovations, new construction, and improving online and fresh food offerings.
01:11Despite the store closures, Kroger reported solid first-quarter sales growth, with a 3.2 increase in identical store sales excluding fuel.
01:22The company is also investing billions in capital projects this year to modernize and expand its footprint.
01:28While Kroger has not yet released a full list of stores set to close, some locations, including a store in McKinney, Texas, have already been confirmed.
01:40This announcement follows the recent resignation of former CEO Rodney McMullen amid an internal ethics inquiry.
01:46With Ron Sargent now serving as interim CEO during the ongoing search for a permanent leader.
01:54For shoppers, these closures may mean adjusting to new store locations,
01:59but Kroger remains committed to providing quality service and products throughout this transition.
02:05Stay tuned to News Plus Globe for updates on which stores will be affected and what this means for your local grocery shopping.
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