{"id":337,"date":"2025-06-20T22:05:09","date_gmt":"2025-06-20T22:05:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/337\/"},"modified":"2025-06-20T22:05:09","modified_gmt":"2025-06-20T22:05:09","slug":"kroger-announces-plans-to-close-60-stores-over-the-next-18-months","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/337\/","title":{"rendered":"Kroger announces plans to close 60 stores over the next 18 months"},"content":{"rendered":"<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\"><strong>TEXAS <\/strong> \u2013 <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/56873\/000110465925060909\/tm2518164d1_ex99-1.htm\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/56873\/000110465925060909\/tm2518164d1_ex99-1.htm\">Kroger Co. announced <\/a>Friday its plan to close 60 underperforming grocery stores over the next 18 months. <\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The company said the decision comes as part of ongoing efforts to streamline operations and enhance customer experiences amid a challenging economic environment.<\/p>\n<ul class=\"dist__Box-sc-1fnzlkn-0 kDvXdO font_openSans articleList\">\n<li class=\"dist__Box-sc-1fnzlkn-0 dist__StackBase-sc-1fnzlkn-7 ecGWWE iQviKm\"\/><\/ul>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The announcement was made during Kroger\u2019s first-quarter earnings call, where the company reported solid sales growth despite the impending closures. In the first quarter of 2025, Kroger recorded a 3.2% increase in identical-store sales, excluding fuel, and a total sales figure of $45.1 billion. <\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Kroger\u2019s interim chairman and CEO, Ron Sargent, said the closures would not affect the company\u2019s overall financial guidance for the year.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\"> \u201cWhile we are closing these stores, we are committed to reinvesting the savings back into improving the customer experience,\u201d Sargent stated. <\/p>\n<ul class=\"dist__Box-sc-1fnzlkn-0 kDvXdO font_openSans articleList\">\n<li class=\"dist__Box-sc-1fnzlkn-0 dist__StackBase-sc-1fnzlkn-7 ecGWWE iQviKm\"\/><\/ul>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">He reassured employees that those affected by the closures would be offered positions at other Kroger locations. <\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The decision to close stores follows a period of evaluation that was paused during Kroger\u2019s failed merger attempt with Albertsons last year. As the company seeks to rebound from the setback, it is also focusing on an aggressive remodeling and new-store opening strategy, with plans for 30 major store projects in 2025.<\/p>\n<p>Copyright 2025 by KPRC Click2Houston &#8211; All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"TEXAS \u2013 Kroger Co. announced Friday its plan to close 60 underperforming grocery stores over the next 18&hellip;\n","protected":false},"author":3,"featured_media":338,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[64,583,584,67,132,68],"class_list":{"0":"post-337","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-kroger","10":"tag-store-closure","11":"tag-united-states","12":"tag-unitedstates","13":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114717964601620334","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=337"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/338"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}