Archive · 21 Jun 2025
Kroger to Close 60 Stores Across 16 States in 18 Months
Kroger, a big grocery store chain, is planning to close about 60 stores in the next year and a half.
These stores are located across 16 different states.
The company is making this change, and they will offer other jobs to the people who work in the closing stores.
The company's earnings report states the closures are expected to improve the customer experience.
Although Kroger made a lot of money overall, the sales of things other than gas and medicine were a little lower than last year.
Kroger will close approximately 60 stores across 16 states over the next 18 months.
The closures are expected to result in a 'modest financial benefit,' with savings reinvested in customer experience.
Affected employees will be offered roles at other Kroger locations.
Total sales in Q1 2025 rose 3.7% to $45.12 billion.
Core sales, excluding fuel and pharmacy, fell by $200 million compared to the same period last year.
- Who
- Kroger is closing stores.
- What
- Kroger is closing approximately 60 stores.
- When
- Over the next 18 months.
- Where
- Across 16 states, including Ohio, Kentucky, Indiana, Georgia, Texas, and Tennessee.
- Why
- The reasons behind individual store shutdowns have not been released.
- Number of stores closing
- Approximately 60
- States affected
- 16
- Timeframe
- 18 months
- Financial impact
- Modest financial benefit expected
- Employee impact
- Affected employees offered roles at other locations
- Total Q1 2025 Sales
- $45.12 billion