Major grocery chain announces mass layoffs amid 60 store closures
Share this @internewscast.com

Nearly 1,000 corporate Kroger employees are losing their jobs after the company previously announced its intentions not to lay off employees.

The layoffs come after the grocer decided to shutter more than 60 underperforming stores by the end of 2026.

Kroger initiated the closures as a way to cut costs following its failed $25 billion merger with Albertsons.

‘These decisions are never easy, but we understand that making thoughtful, yet challenging decisions is crucial for positioning our organization for ongoing success,’ stated interim CEO Ron Sargent.

He added Kroger will continue to ‘grow and reinvest’ those savings in areas that drive its strategy and directly benefits customers.

Sargent, who assumed the role after Rodney McMullen’s departure due to ‘personal conduct’, announced that the company is revising its priorities and stopping projects that were not benefiting the business.

As of February, over 409,000 workers were employed by Kroger, with most of them working in stores. 

Those working at stores locations which are due to close will be offered positions at nearby stores.

Kroger is laying off nearly 1,000 employees despite announcing its plans not to lay off workers

Kroger is laying off nearly 1,000 employees despite announcing its plans not to lay off workers

Kroger is planning to close more than 60 underperforming stores across the US by the end of 2026

Kroger is planning to close more than 60 underperforming stores across the US by the end of 2026

Kroger, which runs close to 2,800 stores across the nation, experienced a decline in sales during the first quarter of this year, reducing to $45.1 billion from the $45.3 billion it achieved in the same timeframe the prior year.

The company’s net income also decreased to $866 million from $962 million. While these decreases posed minor setbacks for the chain, Kroger remained satisfied with the outcomes.

‘Kroger delivered solid first quarter results, with strong sales led by pharmacy, eCommerce and fresh,’ said Sargent.

‘We made good progress in streamlining our priorities, enhancing customer focus, and running great stores to improve the shopping experience.’

Despite the store closures, Kroger is planning to allocate between $3.6 billion and $3.8 billion this year towards capital projects, which include constructing new stores and undertaking renovations.

The company is planning to open around 30 new stores by the end of 2025, focusing on markets with stronger performance and growth potential.

‘New store openings are the biggest driver of market share gains, and we’re continuing to look at that,’ Sargent said.

‘And I think we’ll be investing to accelerate store openings going forward.’

Ron Sargent took on the role of the company's interim CEO in March 2025

Ron Sargent took on the role of the company’s interim CEO in March 2025

Kroger operates nearly 2,800 stores nationwide

Kroger operates nearly 2,800 stores nationwide

Kroger has already implemented several changes aiming to better the company — including shutting down Kroger Ship.

The e-commerce platform, which failed to compete with companies like Walmart and Amazon, only started operating in 2018.

The chain made headlines last month after giving its customers access to Weekly Digital Deals through in-store flyers.

Available in nearly every store, the flyers give its loyal shoppers to opportunity to download all the deals onto their mobile devices.

Shoppers recently caused a frenzy on social media after they noticed an increase in electronic shelf labels at Kroger. 

The chain confirmed to Daily Mail that they are not used for dynamic pricing. 

Share this @internewscast.com
You May Also Like

National Guard Mobilized: Massive ‘No Kings’ Protests Spark Urgent Preparations

Across the United States, governors are deploying the National Guard as a…

Family Asserts That Dismembered Body Discovered Outside Brooklyn Apartment Belonged to Nonviolent Individual

On Saturday, the community mourned a Brooklyn man who was discovered dismembered…

Unveiling the ’90s Icon: Rare Appearance Sparks Buzz Over Her Iconic TV Moment!

A beloved icon from the ’90s and early 2000s delighted fans with…

Death Row Inmate Who Communicated with Police Using Victim’s Blood Set for Execution

A man from South Carolina, who became infamous two decades ago for…

Landmark Ruling: Neighbor’s Legal Victory Halts Tenant’s Cannabis Use in Groundbreaking Case

A Washington DC resident has been legally compelled to cease smoking marijuana…

Brave Canine Saves the Day: Missing Toddler Found Safe in New Hampshire Woods

A courageous dog successfully located a missing two-year-old girl, who was found…

Antonio Banderas’ Daughter Ties the Knot with Childhood Love in a Fairy-Tale Wedding

Over the weekend, Stella, the daughter of Antonio Banderas and Melanie Griffith,…

Giants’ Future Shines Bright with Jaxson Dart and Cam Skattebo Leading the Charge

The legendary Vince Lombardi, who once served as an assistant coach for…

Netanyahu’s Surprising Shift: The Moment He ‘Betrayed’ Trump in Crucial Peace Talks

Donald Trump experienced a profound sense of ‘betrayal’ following Israel’s unexpected assault…

Unveiling the Hidden Power Dynamics Fueling ‘No Kings’ Protests: Insider Revelations

As tensions ran high in Washington DC and numerous other American cities…

Unveiling Secrets: Olivia Nuzzi’s Memoir Exposes Intriguing Texts with RFK Jr.

Renowned journalist Olivia Nuzzi is set to release her memoir, “American Canto,”…

Why Voting NO on Prop 6 is Crucial for Preserving NYC’s Election Integrity

While New Yorkers’ attention has predominantly been captured by the mayoral race…