Store Consolidation
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111-year-old grocery chain closing more stores in 2026
Yahoo Finance· 2026-03-20 17:47
A century-old grocery store chain is continuing a wave of store closures into 2026, signaling a major change in the U.S. retail landscape. For many consumers, the loss of a nearby, affordable grocery store is more than an inconvenience; it can disrupt access to essentials, increase transportation costs, reduce price competition, and strain household budgets. Following the collapse of a proposed $24.6 billion merger between Kroger (KR) and Albertsons, both companies have shifted away from expansion and to ...