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Kroger Cuts 1,000 Jobs, Closes 60 Stores to Save Costs

8/28/2025

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Summary

Story summary

Kroger is eliminating nearly 1,000 corporate jobs, including 200 in Cincinnati, to streamline operations and lower grocery prices.
This is the third round of job cuts in 2025, following reductions in February and March.
Interim CEO Ron Sargent stated these changes are essential for the company's future success.
Kroger will close 60 unprofitable stores over 18 months and invest $3.6 to $3.8 billion in capital expenditures.

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Story summary

Kroger is eliminating nearly 1,000 corporate jobs, including 200 in Cincinnati, to streamline operations and lower grocery prices.
This is the third round of job cuts in 2025, following reductions in February and March.
Interim CEO Ron Sargent stated these changes are essential for the company's future success.
Kroger will close 60 unprofitable stores over 18 months and invest $3.6 to $3.8 billion in capital expenditures.