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Story summary
- The Kroger Co. plans to close about 60 underperforming supermarkets over the next 18 months, announced by Ronald Sargent, CEO.
- The closures follow Kroger's failed $24.6 billion merger with Albertsons, which raised competition concerns.
- Kroger plans to open around 30 new stores this year.
- The closures will affect Illinois, Kentucky, and Texas.
- A complete list of locations has not been released.
