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Kroger's store closure plan and what it means for CPG

Kroger's store closure plan and what it means for CPG

Kroger plans to close about 60 underperforming stores by end of 2026 as part of a broad effort to improve performance, with closures spread across the country occurring in ones and twos by division. Grocery Dive Kroger recognized a $100 million impairment charge related to the planned closures and committed to reinvesting savings back into the customer experience. sec