Kroger has started closing 60 stores across the nation, representing about 5% of its locations, following the failed merger attempt with Albertsons. The company announced these closures in June, primarily targeting underperforming stores, and plans to open new stores in high-growth markets. Specific closures are underway in Texas, with more expected across several states, as the company adjusts its strategy after a judge blocked the $24.6 billion merger.
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Kroger has begun to close 60 stores after failed merger
Kroger has started closing 60 stores across the nation, representing about 5% of its locations, following the failed merger attempt with Albertsons. The company announced these closures in June, primarily targeting underperforming stores, and plans to open new stores in high-growth markets. Specific closures are underway in Texas, with more expected across several states, as the company adjusts its strategy after a judge blocked the $24.6 billion merger.