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The grocery company Kroger is shutting down 60 locations in the wake of labor unrest, a failed merger and the chief executive ...
Kroger, the parent company of Ralphs and Food 4 Less, is reducing its footprint after the resignation of its chief executive and a failed merger with competing grocery giant Albertsons.
Kroger reported $45.1 billion in first-quarter sales—down slightly from $45.3 billion the previous year. In response, the company plans to shut down underperforming locations as part of a ...
Kroger reaffirmed on Friday its plan to spend between $3.6 billion and $3.8 billion this year on capital expenditures, such as money for building new stores and expanding and renovating existing ones.
Kroger CEO Rodney McMullen resigns after investigation. ... McMullen began his career with Kroger as a part-time stock clerk and bagger at a Kentucky store and worked his way up through the company.
Major grocery chain Kroger plans to close 60 underperforming stores following the ouster of its CEO and failed merger with rival Albertsons. The chain, which operates more than 1,200 stores, said ...