Kroger, one of the nation’s largest grocery retailers, announced plans to close underperforming stores across the United States by the end of 2026, citing a strategy to reinvest in customer experience and streamline operations, the Independent reported.

Kroger will shutter approximately 60 stores it deems underperforming over the next 18 months, the company revealed Friday in its first-quarter earnings report. The closures are expected to generate a “modest financial benefit” and are part of the grocery chain’s broader realignment strategy.

“In the first quarter, Kroger recognized an impairment charge of $100 million related to the planned closing of approximately 60 stores over the next 18 months. As a result of these store closures, Kroger expects a modest financial benefit,” the company stated.

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