Both retailers are back in cost-cutting mode after their megamerger failed. Here’s what to watch in the months ahead.

After a series of setbacks, Kroger's recent decision to close 60 locations nationwide is the latest sign of distress for the ...

Albertsons: While not quite as dramatic as the Kroger CEO departure, Albertsons also made news with its own leadership change ...

The grocery company Kroger is shutting down 60 locations in the wake of labor unrest, a failed merger and the chief executive ...

While Kroger just announced it would shutter 60 unprofitable stores over the next 18 months, it plans to reinvest the savings back into the business.

The decision to close dozens of stores follows significant internal changes at the company, including the resignation of former CEO Rodney McMullen in March.

Kroger, which owns California grocery chains Ralphs and Food 4 Less, will close 60 locations over the next 18 months.

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 ...

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.

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 ...

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 ...