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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 ...
7don MSN
After a series of setbacks, Kroger's recent decision to close 60 locations nationwide is the latest sign of distress for the ...
Kroger stock led S&P 500 gainers soon after the opening bell Friday as the grocery giant reported fiscal first-quarter profit and identical sales growth that came in above analysts' projections.
Both retailers are back in cost-cutting mode after their megamerger failed. Here’s what to watch in the months ahead.
Kroger is set to close about 5% of its grocery stores — amounting to approximately 60 locations — over the next year and a half. The closures come a few months after plans collapsed for a merger with ...
US supermarket chain Kroger has said that chief executive and chair Rodney McMullen has stepped down after a board investigation found his personal conduct was “inconsistent” with its policy ...
Kroger, which owns California grocery chains Ralphs and Food 4 Less, will close 60 locations over the next 18 months.
Kroger’s board announced CEO Rodney McMullen will leave the company after an investigation into his “personal conduct.” McMullen had been at the helm of Kroger since 2014, having risen from ...
The earnings report also comes a few months after a major shakeup at the company. Kroger's former chairman and CEO Rodney McMullen resigned in March, after a board investigation found that his ...
23don MSN
Supermarket giant Kroger announced Friday, June 20, that it plans to close 60 stores over the next 18 months. The Cincinnati-based retailer didn't specify what locations in its 35-state footprint ...
Sargent, who had been chief executive at Staples, took over at the U.S.'s largest supermarket chain in March after Rodney McMullen resigned following ... popular as consumers get more price-conscious.
The struggling supermarket plans to close dozens of stores by the end of next year — although the company says it hopes to move staff to other locations ...
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