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The grocery company Kroger is shutting down 60 locations in the wake of labor unrest, a failed merger and the chief executive ...
Both retailers are back in cost-cutting mode after their megamerger failed. Here’s what to watch in the months ahead.
The chain, which operates more than 1,200 stores, said it took on a $100 million impairment charge related to the planned ...
This in turn came after the firm’s high-profile partnership with Ocado appeared to be stuttering, with work on future ...
Kroger is set to close about 5% of its grocery stores — amounting to approximately 60 locations — over the next year and a half. The closures come a few months after plans collapsed for a merger with ...
The decision to close dozens of stores follows significant internal changes at the company, including the resignation of ...
US supermarket chain Kroger has said that chief executive and chair Rodney McMullen has stepped down after a board investigation found his personal conduct was “inconsistent” with its policy ...
The Ralphs and Food 4 Less owner did not specify which locations or brands would shutter over the next 18 months.
Kroger announced in its first quarter 2025 sales report that it will be closing "approximately 60 stores" over the next 18 months.
Sargent was named the interim CEO in March following the abrupt resignation of Kroger’s former leader, Rodney McMullen, after an investigation into his personal conduct.
Kroger, which owns California grocery chains Ralphs and Food 4 Less, will close 60 locations over the next 18 months.