{"id":9669,"date":"2025-06-21T03:54:37","date_gmt":"2025-06-21T03:54:37","guid":{"rendered":"https:\/\/umyonews.site\/index.php\/2025\/06\/21\/why-is-kroger-closing-some-stores-find-out-hollywood-life\/"},"modified":"2025-06-21T03:54:37","modified_gmt":"2025-06-21T03:54:37","slug":"why-is-kroger-closing-some-stores-find-out-hollywood-life","status":"publish","type":"post","link":"https:\/\/umyonews.site\/index.php\/2025\/06\/21\/why-is-kroger-closing-some-stores-find-out-hollywood-life\/","title":{"rendered":"Why Is Kroger Closing Some Stores? Find Out \u2013 Hollywood Life"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<figure class=\"entry-media edge-to-edge entry-media--lead-image\" aria-describedby=\"lead-image-credit\">\n<div class=\"image-wrapper image-wrapper--widescreen\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" data-expand=\"600\" width=\"384\" height=\"216\" src=\"data:image\/svg+xml;charset=utf-8,%3Csvg xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg' viewBox%3D'0 0 384 216'%2F%3E\" data-src=\"https:\/\/hollywoodlife.com\/wp-content\/uploads\/2025\/06\/GettyImages-1244246550_32399d-e1750447806415.jpg?resize=384%2C216\" class=\"lazyload attachment-hl-384x216-tc size-hl-384x216-tc wp-post-image\" alt=\"Kroger logo is seen on the shop in Streator, United States on October 15, 2022. (Photo by Jakub Porzycki\/NurPhoto via Getty Images)\" data-srcset=\"https:\/\/hollywoodlife.com\/wp-content\/uploads\/2025\/06\/GettyImages-1244246550_32399d-e1750447806415.jpg?resize=384%2C216 384w, https:\/\/hollywoodlife.com\/wp-content\/uploads\/2025\/06\/GettyImages-1244246550_32399d-e1750447806415.jpg?resize=768%2C432 768w, https:\/\/hollywoodlife.com\/wp-content\/uploads\/2025\/06\/GettyImages-1244246550_32399d-e1750447806415.jpg?resize=1536%2C864 1536w\" data-sizes=\"(max-width: 768px) 100vw, 670px\" decoding=\"async\" fetchpriority=\"high\"\/>\t\t\t\t\t\t<\/div><figcaption id=\"lead-image-credit\">Image Credit: NurPhoto via Getty Images<\/figcaption><\/figure>\n<p><!-- .entry-media --><\/p>\n<p id=\"content-paragraph-2\">While Kroger remains one of the country\u2019s biggest grocery chains, it\u2019s 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.<\/p>\n<p id=\"content-paragraph-3\">Find out more about the closures and what they mean for the future of Kroger below.<\/p>\n<h2>Which Kroger Stores Are Closing?<\/h2>\n<p id=\"content-paragraph-4\">Kroger has announced plans to close approximately 60 stores nationwide over the next 18 months. The company hasn\u2019t released a full list yet, but the closures will affect around 2% of its 2,700+ locations across the U.S.<\/p>\n<h2>Why Is Kroger Shutting Down Stores?<\/h2>\n<p data-start=\"147\" data-end=\"457\">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.<\/p>\n<p data-start=\"459\" data-end=\"745\">\u201cIn 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,\u201d the company stated in its <a href=\"https:\/\/s202.q4cdn.com\/463742399\/files\/doc_financials\/2025\/q1\/FINAL-KR-Q1-2025-Earnings-Release-with-tables.pdf\" target=\"_blank\" rel=\"noopener nofollow\" data-analytics-trigger=\"article-body-link\">earnings report<\/a>. \u201cAs a result of these store closures, Kroger expects a modest financial benefit.\u201d<\/p>\n<p data-start=\"459\" data-end=\"745\">Interim CEO <strong data-start=\"759\" data-end=\"774\">Ron Sargent<\/strong> also explained in a statement, \u201cTo position our company for future success, this morning, we announce plans to close approximately 60 stores over the next 18 months\u2026 We don\u2019t take these decisions lightly, but this will make the company more efficient.\u201d He also emphasized that Kroger remains committed to expansion, adding, \u201cToday, we are on track to complete 30 major store projects in 2025,\u201d with more expected in 2026.<\/p>\n<p id=\"content-paragraph-5\">Former CEO <a href=\"https:\/\/hollywoodlife.com\/feature\/rodney-mcmullen-kroger-ceo-5373365\/\" target=\"_blank\" rel=\"noopener\" data-analytics-trigger=\"article-body-link\"><strong data-start=\"65\" data-end=\"84\">Rodney McMullen<\/strong><\/a> stepped down in March 2025 after a board investigation found his personal conduct violated the company\u2019s business ethics policy, though it did not involve company associates or operations. <span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">McMullen also forfeited over $11 million in bonuses and stock options when he resigned.<\/span><\/p>\n<h2>Is Kroger Going Out of Business?<\/h2>\n<p id=\"content-paragraph-6\">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 <em data-start=\"163\" data-end=\"172\">Reuters<\/em>, Kroger\u2019s same-store sales rose 3.2% in Q1 2025\u2014beating expectations\u2014and the company raised its full-year sales forecast to 2.25\u20133.25%, up from a previous range of 2\u20133%.<\/p>\n<h2>What Products Has Kroger Recalled for Listeria in 2025?<\/h2>\n<p id=\"content-paragraph-7\">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<em> The New York Times<\/em>.<\/p>\n<p><!-- CONTENT END 1 -->\n\t\t<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/hollywoodlife.com\/2025\/06\/20\/why-kroger-stores-are-closing\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image Credit: NurPhoto via Getty Images While Kroger remains one of the country\u2019s biggest grocery chains, it\u2019s 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 [&hellip;] <a class=\"g1-link g1-link-more\" href=\"https:\/\/umyonews.site\/index.php\/2025\/06\/21\/why-is-kroger-closing-some-stores-find-out-hollywood-life\/\">More<\/a><\/p>\n","protected":false},"author":1,"featured_media":9670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[128],"tags":[],"reaction":[],"adace-sponsor":[],"class_list":["post-9669","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entertainment"],"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/umyonews.site\/index.php\/wp-json\/wp\/v2\/posts\/9669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/umyonews.site\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/umyonews.site\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/umyonews.site\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/umyonews.site\/index.php\/wp-json\/wp\/v2\/comments?post=9669"}],"version-history":[{"count":0,"href":"https:\/\/umyonews.site\/index.php\/wp-json\/wp\/v2\/posts\/9669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/umyonews.site\/index.php\/wp-json\/wp\/v2\/media\/9670"}],"wp:attachment":[{"href":"https:\/\/umyonews.site\/index.php\/wp-json\/wp\/v2\/media?parent=9669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/umyonews.site\/index.php\/wp-json\/wp\/v2\/categories?post=9669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/umyonews.site\/index.php\/wp-json\/wp\/v2\/tags?post=9669"},{"taxonomy":"reaction","embeddable":true,"href":"https:\/\/umyonews.site\/index.php\/wp-json\/wp\/v2\/reaction?post=9669"},{"taxonomy":"adace-sponsor","embeddable":true,"href":"https:\/\/umyonews.site\/index.php\/wp-json\/wp\/v2\/adace-sponsor?post=9669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}