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Kroger Closes 60 Stores Nationwide And Lays Off Another 1,000 As Slump Deepens

2026-01-21 4 Dailymotion

Kroger will close 60 U.S. stores over 18 months and cut corporate jobs as it trims costs, a shift with wide community and market implications.<br />The company recorded a $100 million Q1 2025 charge tied to restructuring, and executives described Kroger store closures as part of a long-term health strategy. Planned job cuts and redeployments accompany investments of $3.6–$3.8 billion in upgrades and technology.<br />Interim CEO Ron Sargent said closing underperforming stores is necessary for progress. Locations in Georgia, Illinois, Virginia, and West Virginia close this summer, with additional closures later in 2025. Competitive pressure, consolidation, and access concerns, including potential food deserts, frame the outlook.

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