Kroger stores are closing for a variety of reasons. Some stores are closing because the company is shutting down certain divisions, such as pharmacy, while others are shutting down because of the economic recession.
Additionally, Kroger is also closing stores that are in poor condition and are not profitable. In total, Kroger has announced plans to close 1,326 stores over the next three years.
Some people have argued that Kroger’s closure of stores is a sign of the retail industry’s decline. Others say that Kroger’s closure decision is simply a reaction to the recession and is not indicative of the health of the retail industry as a whole.
It is hard to say for certain why Kroger is closing stores, but the company’s decision to close 1,326 stores over the next three years shows that there are a lot of changes going on in the retail industry.
