National grocery chain plans to close 60 stores over the next 18 months
Kroger plans to close about 60 stores over the next 18 months.
In the national grocery chain’s first quarter sales report, it said it expects a “modest financial benefit” as a result of the move.
“Kroger will offer roles in other stores to all associates currently employed at affected stores,” the company announced.
According to its website, Kroger has 1,239 grocery stores in 16 states, with seven in Alabama in Auburn, Lanett, Decatur, Madison, Hartselle, Opelika and Huntsville.
Most of its stores are situated in Indiana, Kentucky, Texas, Tennessee, Michigan, Georgia and Ohio, according to People.com.
Company spokesperson Erin Rolfes told USA TODAY that the company “will not be releasing the store list at this time.”
Kroger also said it plans to spend between $3.6 billion to $3.8 billion this year on capital expenditures, such as new stores and expanding and renovating existing ones.