Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home Gossip

Why Is Kroger Closing Some Stores? Find Out – Hollywood Life

Connie Marie by Connie Marie
June 21, 2025
in Gossip
0
Why Is Kroger Closing Some Stores? Find Out – Hollywood Life
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Martin Short Daughter’s Hidden Struggles Before Tragedy

Eddie Van Halen’s Famed Electric Guitar Could Fetch $1.5 Million at Auction

Judge Orders Kenya Moore To Pay More Than $80K In Unpaid Rent And Utilities at Her Hair Spa • Hollywood Unlocked

Kroger logo is seen on the shop in Streator, United States on October 15, 2022. (Photo by Jakub Porzycki/NurPhoto via Getty Images)
Image Credit: NurPhoto via Getty Images

While Kroger remains one of the country’s biggest grocery chains, it’s making a few big changes, including the closure of 60 stores nationwide. The move comes amid leadership changes, shifting consumer habits, and a renewed focus on streamlining operations and boosting growth.

Find out more about the closures and what they mean for the future of Kroger below.

Which Kroger Stores Are Closing?

Kroger has announced plans to close approximately 60 stores nationwide over the next 18 months. The company hasn’t released a full list yet, but the closures will affect around 2% of its 2,700+ locations across the U.S.

Why Is Kroger Shutting Down Stores?

Kroger is closing 60 stores nationwide as part of a strategy to streamline operations and improve overall efficiency. The company expects a $100 million impairment charge from the shutdowns but says it plans to reinvest those resources into upgrading its remaining stores and enhancing the customer experience.

“In the first quarter, Kroger recognized an impairment charge of $100 million related to the planned closing of approximately 60 stores over the next 18 months,” the company stated in its earnings report. “As a result of these store closures, Kroger expects a modest financial benefit.”

Interim CEO Ron Sargent also explained in a statement, “To position our company for future success, this morning, we announce plans to close approximately 60 stores over the next 18 months… We don’t take these decisions lightly, but this will make the company more efficient.” He also emphasized that Kroger remains committed to expansion, adding, “Today, we are on track to complete 30 major store projects in 2025,” with more expected in 2026.

Former CEO Rodney McMullen stepped down in March 2025 after a board investigation found his personal conduct violated the company’s business ethics policy, though it did not involve company associates or operations. McMullen also forfeited over $11 million in bonuses and stock options when he resigned.

Is Kroger Going Out of Business?

No, Kroger is not going out of business. While the company is closing 60 underperforming stores, it remains financially strong and focused on growth. According to Reuters, Kroger’s same-store sales rose 3.2% in Q1 2025—beating expectations—and the company raised its full-year sales forecast to 2.25–3.25%, up from a previous range of 2–3%.

What Products Has Kroger Recalled for Listeria in 2025?

Kroger has issued a recall of FreshRealm-made ready-to-eat chicken fettuccine Alfredo meals sold under the Home Chef label after a multistate Listeria outbreak. The affected products, marked with USDA inspection codes EST. P-50784, EST. P-47770, or EST. P-47718, were identified during a March inspection and later linked to 17 illnesses, including three deaths and one pregnancy loss across 13 states, according to The New York Times.



Source link

Tags: closingFindHollywoodKrogerLifeStores
Share30Tweet19
Connie Marie

Connie Marie

Recommended For You

Martin Short Daughter’s Hidden Struggles Before Tragedy

by Connie Marie
February 25, 2026
0
Martin Short Daughter’s Hidden Struggles Before Tragedy

Martin Short has built a career on laughter, charm, and quick wit. However, behind the spotlight, his family has quietly endured devastating loss. This week, the beloved actor confirmed...

Read more

Eddie Van Halen’s Famed Electric Guitar Could Fetch $1.5 Million at Auction

by Connie Marie
February 25, 2026
0
Eddie Van Halen’s Famed Electric Guitar Could Fetch .5 Million at Auction

Eddie Van Halen Prized Electric Guitar Goes Up For Auction ... Anyone Got a Spare Mil?! Published February 25, 2026 1:00 AM PST When you think of legendary...

Read more

Judge Orders Kenya Moore To Pay More Than $80K In Unpaid Rent And Utilities at Her Hair Spa • Hollywood Unlocked

by Connie Marie
February 25, 2026
0
Judge Orders Kenya Moore To Pay More Than K In Unpaid Rent And Utilities at Her Hair Spa • Hollywood Unlocked

A judge has ordered ‘Real Housewives of Atlanta’ star Kenya Moore to pay more than $80,000 in unpaid rent and utilities tied to her Atlanta hair spa. The...

Read more

‘Spider-Man’ Trilogy Report Teases Deadpool, Mephisto & Lot Of Clones

by Connie Marie
February 25, 2026
0
‘Spider-Man’ Trilogy Report Teases Deadpool, Mephisto & Lot Of Clones

Spider-Man is seeing red! Deadpool and Mephisto are just two of the biggest names in a new report about Marvel’s plans for the beloved web-slinger. The rumor mill...

Read more

‘Tulsa King’ Spinoff Starring Samuel L. Jackson Gets New Title

by Connie Marie
February 25, 2026
0
‘Tulsa King’ Spinoff Starring Samuel L. Jackson Gets New Title

Taylor Sheridan‘s upcoming Tulsa King spinoff starring Samuel L. Jackson has been officially renamed to Frisco King after the series, fka NOLA King, has undergone a creative overhaul....

Read more
Next Post
‘Spider-Man Brand New Day,’ Jon Bernthal Cast as The Punisher

'Spider-Man Brand New Day,' Jon Bernthal Cast as The Punisher

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Wolfgang Van Halen Offers His Support to New Van Halen Album
  • Natalie Nunn Clocks Claressa’s Shields Boxing Moves (WATCH)
  • Donnie Wahlberg Defends Blue Bloods Legacy, Faith in Boston Blue (Excl)

Copyright © 2025 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2025 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In