Kroger Co. to Close 60 Grocery Stores
- On Friday, June 20, 2025, Kroger announced plans to close 60 stores across its 35-state footprint over the next 18 months from its Cincinnati headquarters.
- This decision followed Kroger’s first-quarter earnings release showing an $866 million profit on $45.1 billion sales but included a $100 million impairment charge linked to the planned closures.
- Kroger said the affected stores would be spread nationwide, did not specify which locations would close, and a spokesperson said no closures are expected in the Cincinnati-Dayton region.
- The company will offer roles at other stores to associates at closing locations and plans to reinvest savings to improve the customer experience without impacting full-year guidance.
- Kroger anticipates some financial gains from the store closures, plans to reinvest the savings to enhance customer experience, foresees improved sales growth from its remaining locations, and is currently conducting a nationwide search for a new CEO.
Insights by Ground AI
Does this summary seem wrong?
19 Articles
19 Articles
All
Left
Center
15
Right
1


Kroger plans to close 60 stores
Kroger plans to close 60 stores
·Winston-Salem, United States
Read Full ArticleCoverage Details
Total News Sources19
Leaning Left0Leaning Right1Center15Last UpdatedBias Distribution94% Center
Bias Distribution
- 94% of the sources are Center
94% Center
C 94%
Factuality
To view factuality data please Upgrade to Premium