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The chain, which operates more than 1,200 stores, said it took on a $100 million impairment charge related to the planned ...
Kroger, which owns California grocery chains Ralphs and Food 4 Less, will close 60 locations over the next 18 months.
The Ralphs and Food 4 Less owner did not specify which locations or brands would shutter over the next 18 months.
The US grocery giant plans to focus on improving customer experience as it faces leadership changes and restructuring.
The company declined to identify which stores will close, but a spokesperson said 'we do not expect any store closures in ...
Kroger is set to close about 5% of its grocery stores — amounting to approximately 60 locations — over the next year and a ...
Kroger, the grocery giant behind chains Ralphs and Food 4 Less, is shuttering 60 of those stores’ locations across the ...
Cincinnati-based Kroger Co. says it plans to close 60 of its more than 2,700 stores over the next 18 months. The announcement ...
The video quickly went viral, with many viewers calling out Kroger for appearing tone-deaf and disrespectful.
Shares of the large grocer and retail department chain Kroger (NYSE: KR) had surged by roughly 10%, as of 12:38 p.m. ET today ...
Kroger Co. is closing 60 stores over 18 months as part of a strategic plan to improve remaining stores' profitability.
Analysts anticipate earnings of $1.46 per share on $45.3 billion in revenue. This would indicate a 12% year-over-year ...
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