
Kroger plans to close 60 US stores in 18 months to improve profits
Kroger (KR) plans to close around 60 U.S. grocery stores over the next 18 months to improve efficiency. The Cincinnati, Ohio-based company announced the plan during a corporate earnings call last Friday. The company hasn’t said which stores it plans to shutter, but said the closures will happen around the country. It also said employees…