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Kroger also owns Harris Teeter, King Soopers and other U.S. grocery chains. The closures represent a $100-million loss for the company but will lead to a "modest financial benefit," the company said.
Total company sales were $45.1 billion for the quarter, compared to $45.3 billion last year. Kroger shares fell 1% Tuesday to close at $73.42.
Total company sales were $45.1 billion for the quarter, compared to $45.3 billion last year. Kroger shares fell 1% Tuesday to close at $73.42.
Kroger said it plans to close 60 of its supermarkets across the U.S. over the next 18 months. The planned store closures represent about 5% of the Cincinnati-based company's 1,239 Kroger-branded ...
Kroger plans to close around 60 U.S. grocery stores over the next 18 months to improve efficiency. The Cincinnati, Ohio-based company announced the plan during a corporate earnings call last Friday.
Kroger currently operates 1,239 stores across 16 states, with the highest concentration in Indiana, Kentucky, Texas, Tennessee, Michigan, Georgia, and Ohio. The planned closures represent roughly ...
DAYTON, Ohio (WDTN) — Kroger is reportedly planning to close dozens of locations. According to a first quarter report from Kroger, the supermarket giant is expecting a “modest financial ...
CINCINNATI, June 25, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced it is helping families honor Independence Day with low prices on holiday staples and offering up expert advice ...
And if you’re wondering why Kroger decided to give away 92,000 pints, it’s because there are 92 days in summer this year, and Kroger is giving away 1,000 pints for every day of the summer period.
On June 20, Kroger will mark the first day of summer by giving away 92,000 pints of free ice cream. The company chose the number to signify the 92 glorious days of summer. How to obtain the coupon ...
Kroger’s results and raised guidance suggest the company is successfully navigating the complex retail grocery landscape. The strong performance in digital sales (+15%) indicates that investments in ...
Kroger’s capital expenditure plans remain unchanged at $3.6-$3.8 billion for fiscal 2025, supporting ongoing investments in store renovations, digital capabilities, and supply chain enhancements.