00:00New at 5.30, Kroger is sharing some big news about its bottom line and its plans to close dozens
00:06of stores across the country.
00:08Well, today in its earning report, the grocery chain revealed plans to close about 60 stores over the next 18
00:14months.
00:14On that call this month, the CEO, Ron Sargett, said, quote,
00:19Not all of our stores are delivering the sustainable results we need.
00:22Kroger says employees at those stores will be offered jobs elsewhere in the company.
00:26Kroger has not revealed which stores will be closing, but just about an hour ago,
00:30a spokesperson told us at this time the announcement will not impact the stores in Columbus.