Grocery giant Kroger to close 60 stores in next 18 months

U.S. grocer Kroger is planning to close dozens of stores by the end of next year. The massive Cincinnati-based grocery store chain made the announcement on Friday. It operates thousands of supermarkets and pharmacies across the nation and is planning to close 60 stores in the next 18 months, a first-quarter 2025 earnings report said. While the report said the company's profits "exceeded our expectations," Director Ron Sargent said in an earnings call that the company reviewed areas not meaningful to its fut ...