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Both retailers are back in cost-cutting mode after their megamerger failed. Here’s what to watch in the months ahead.
After a series of setbacks, Kroger's recent decision to close 60 locations nationwide is the latest sign of distress for the ...
Kroger, the grocery giant behind chains Ralphs and Food 4 Less, is shuttering 60 of those stores’ locations across the ...
The decision to close dozens of stores follows significant internal changes at the company, including the resignation of ...
The Ralphs and Food 4 Less owner did not specify which locations or brands would shutter over the next 18 months.
Kroger, which owns California grocery chains Ralphs and Food 4 Less, will close 60 locations over the next 18 months.
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 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 ...
The video quickly went viral, with many viewers calling out Kroger for appearing tone-deaf and disrespectful.
Rodney McMullen, the now-former CEO of supermarket chain Kroger, had to forfeit more than $11.2 million in compensation. Bloomberg via Getty Images McMullen, 64, earned $15.7 million in 2023.
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