Grocery giant to close dozens more stores across US

• Kroger is moving forward with plans to close 60 stores nationwide by the end of the year, with 39 locations across 15 states already shuttered.
• The closures affect multiple regional banners, with Kroger-branded stores taking the largest hit, followed by Harris Teeter and Pick 'n Save locations.
• Chairman and interim CEO Ron Sargent stated the closures are intended to simplify business operations and refocus resources on high-growth areas.
• While store workers are being offered jobs at other locations, Kroger announced plans to eliminate nearly 1,000 corporate and administrative positions.
• The grocery giant still operates around 2,800 stores nationwide and is currently pursuing a $1.65 billion acquisition of the Giant Eagle chain.

IN FULL

Kroger is closing dozens of stores with another 20 set for the coming months