Kroger plans to close 60 US stores in 18 months to improve profits
Kroger plans to close around 60 U.S. grocery stores over the next 18 months to improve efficiency.
The Cincinnati, Ohio-based company announced the plan during a corporate earnings call last Friday. The company hasn't said which stores it plans to shutter, but said the closures will happen around the country. It also said employees at impacted stores will be offered jobs at other locations.
'We see this as an opportunity to move these closed store sales to other stores, and we think that should improve profitability,' Kroger's interim Chairman and CEO Ronald Sargent said during the call.
Sargent also said Kroger plans to open at least 30 stores this year and will accelerate its store openings in 'high-growth geographies' next year.
A message seeking details of the company's plans was left Wednesday with Kroger.
Kroger is the nation's largest supermarket chain, with 2,731 stores in 35 states and the District of Columbia. It operates stores under multiple brand names, including Smith's, Ralphs, King Soopers and Fred Meyer.
Sargent said Kroger usually evaluates the performance of individual stores on an annual basis but it deferred any store closings during its two-year effort to merge with rival Albertsons. The two companies announced the $24.6 billion merger plan in 2022 but the deal fell apart late last year after two judges blocked it due to concerns about competition.
Kroger's plan to close stores comes as the company is facing labor unrest over issues including chronic understaffing at stores, according to the United Food and Commercial Workers union. Union members in Southern California began picketing at a Los Angeles Ralphs last week. Workers at King Soopers stores in Colorado also went on strike earlier this year.
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Yahoo
29 minutes ago
- Yahoo
New construction home on nearly 3 acres in Green sells for $1.2 million. See inside
These are the top selling homes in Summit County in the most recent report available from the Summit County Fiscal Office. The property linked here in Green as the top seller for week of April 21, 2025, with a price of $1,260,000. The complete real estate transactions for Summit, Portage and Medina counties can be found be found below. 5236 Thursby Rd, Green, $1,260,000 259 Chestnut Ln, Fairlawn, $947,539 7300 Darrow Rd, Hudson, $828,200 583 S Sunset View Dr, Akron, $743,000 1230 Wyley Ave, Akron, $743,000 2224 SW 19th St, Akron, $743,000 1170 Welton Ave, Akron, $743,000 1345 California Ave, Akron, $743,000 33 W Mildred Ave, Akron, $743,000 3517 Crandall Ave, Richfield Village, $600,000 1140 Evans Ave, Akron, $595,000 2496 Shadow Ridge Ln, Fairlawn, $570,000 2174 Weston Dr, Hudson, $550,000 2700 Post Rd, Twinsburg, $553,000 1493 Waynesboro Dr, Twinsburg Township, $511,000 1796 Maplegrove Dr, Twinsburg, $501,000 2409 Glenn Echo Dr, Hudson, $500,000 According to the Green home on Thursby Road was built in 2022 on a 2.89-acre lot. At 5,720 square feet, the home has four bedrooms, four full and one half bathrooms and a four-car garage. The three-year-old home has large, spacious rooms and high ceilings throughout as well as lots of windows emitting plenty of sunlight. It also features stainless steel appliances in the kitchen and new faucets and hardware in all the bathrooms. The covered back patio includes and outdoor fireplace for cozy nights outside. See photos of the home here. 583 S Sunset View Dr, $743,000 382 Larkin Ave, $80,000 2451 Briner Ave, $201,000 1140 Evans Ave, $595,000 50 N Rose Blvd, $160,000 1460 Multnoma Ave, $141,999 1044 Winton Ave, $134,900 2051 Wiltshire Rd, $340,000 1271 Childs Ave, $134,900 1230 Wyley Ave, $743,000 2070 SW 6th St, $56,670 421 Robert St, $38,390 1100 Hampton Ridge Dr, $164,500 parcel 6703037 SW 6th St, $56,670 parcel 6731365 Bartges St, $1,340 1105 Seward Ave, $75,000 798 Euclid Ave, $155,000 486 Fulmer Ave, $200,000 1762 Adelaide Blvd, $149,900 1296 Pondview Ave, $164,500 2224 SW 19th St, $743,000 1536 Seminola Ave, $145,000 917 Clark St, $75,000 976 Chalker St, $25,000 1655 Highview Ave, $125,000 parcel 6703039 SW 6th St, $56,670 446 Woodrow St, $212,500 225 E Park Blvd, $111,000 1990 SW 9th St, $127,000 1055 Whittier Ave, $49,700 parcel 6804959 Moraine Ave, $51,000 765 E Buchtel Ave, $96,000 1062 Terrell Dr, $250,000 615 Ingalls Rd, $220,000 1195 Sherman St, $60,000 1287 Louisiana Ave, $165,000 697 Morningview Ave, $124,000 533 E Wilbeth Rd, $102,000 parcel 6804960 Moraine Ave, $51,000 parcel 6816094 SW 6th St, $56,670 parcel 6806345 W Cuyahoga Falls Ave, $51,000 271 St Leger Ave, $170,000 1170 Welton Ave, $743,000 1185 Greenwood Ave, $64,000 320 & 324 Cluster Ave, $59,140 837 Carnation Ct, $284,000 parcel 6839298 W Bartges St, $3,730 705 Moraine Ave, $51,000 1125 Big Falls Ave, $155,000 1345 California Ave, $743,000 404 E York St, $120,000 33 W Mildred Ave, $743,000 1255 N Howard St, $213,500 563 Nash St, $92,500 2507 Nedra Ave, $235,000 2527 Edgebrook Ave, $71,600 320 Cluster Ave, $59,140 396 Sandhurst Rd, $278,000 parcel 6816095 SW 6th St, $56,670 2331 E Market St, $86,000 240 Pauline Ave, $179,900 2058 SW 19th St, $48,000 2425 Benton St, $215,000 813 Shoshone Ave, $133,000 1867 Triplett Blvd, $52,500 800 Hancock Ave, $177,500 1308 Sparhawk Ave, $21,500 159 E York St, $48,000 73 Cuyahoga Falls Ave, $51,000 2841 Nesmith Lake Blvd, $147,500 2461 Briner Ave, $90,000 372 Doyle St, $106,500 693 Cato Ave, $94,700 1165 Stanwood Ave, $145,000 parcel 6703040 SW 6th St, $56,670 626 MC Kinley Ave, $57,000 164 Goodview Ave, $100,000 1847 Ganyard Rd, $198,500 1292 Pondview Ave, $164,500 1859 Brookwood Dr, $356,000 1485 Haynes Ave, $193,000 159 19th St NW, $35,000 163 3rd St NW, $200,000 327 Washington Ave, $139,900 1352 Benton St, $72,100 1140 Stratford St, $154,000 1371 Noble St, $162,500 169 Arthur St, $100,000 6305 Olde Eight Rd, $335,000 6554 Riverview Rd, $360,000 parcel 600338 Boston Mills Rd, $360,000 327 Blair Dr, $245,000 4188 Castle Ridge, $375,000 1520 S Hametown Rd, $349,000 2747 Mull Unit 3-A Ave, $130,000 938 Croghan Way, $280,000 286 Aqua Blvd, $295,000 parcel 1906287 Oak Grove Dr, $295,000 510 Tallmadge Rd, $56,000 349 Notre Dame Ave, $217,000 2422 Wyandotte Ave, $211,500 2741 Oakwood Dr, $205,000 387 Lynn Dr, $146,900 2370 Roth Dr, $117,250 1421 Tewksbury Cir, $66,090 1658 17th St, $110,000 658 Rudolph Ave, $187,500 2209 Larchdale Dr, $241,295 1749 24th St, $307,000 761 Franklin Ave, $245,000 3200 9th St, $220,000 2496 Shadow Ridge Ln, $570,000 809 Miramar Ln, $143,000 259 Chestnut Ln, $947,539 3456 Alder Ave, $304,990 5451 S Arlington Rd, $345,000 1570 Greensburg Rd, $320,000 2960 H Ivue Dr, $240,000 2978 Long Rd, $111,828 5236 Thursby Rd, $1,260,000 4100 Meadow Wood Ln, $390,000 3429 Buckeye Trl, $416,244 2531 Royal County Down Dr, $113,600 1324 Ashwood Rd, $339,760 1437 Stoney Pointe Dr, $464,900 3456 Bushwillow Dr, $301,240 2413 Island Dr, $98,000 4527 Provens Dr, $305,000 2174 Weston Dr, $550,000 2409 Glenn Echo Dr, $500,000 7300 Darrow Rd, $828,200 29 Keswick Dr, $480,000 3099 Starlight Cir, $387,880 1028 Cessna Dr, $245,360 8652 N Melody Ln, $303,000 3415 Curtis St, $208,000 1232 Taplin Ave, $287,500 3354 Minuet Dr, $157,120 9100 Pleasant View Dr, $252,000 3928 Bushey Ave, $53,735 3780 Alumina Dr, $75,705 488 Tallwood Dr, $210,000 2659 Wadsworth Rd, $253,900 3738 Valley Dr, $265,000 1543 Main St, $250,000 3517 Crandall Ave, $600,000 2691 Motor Rd, $275,000 3821 Harold Dr, $91,980 1241 Canyon View Rd, $235,000 394 Houghton Rd, $271,000 6290 Greenwood Pkwy, $139,900 542 Houghton Rd, $226,000 918 Arboretum Cir, $330,000 962 Buena Vista Dr, $245,000 454 James Ave, $55,000 1753 Ronald Rd, $152,000 2916 Laurel Woods Blvd, $415,000 4216 Springdale Rd, $285,000 1359 Arndale Rd, $283,000 1330 Hibbard Dr, $86,000 1999 Darrow Lake Dr, $390,519 2041 Willowdale Dr, $320,000 3545 Charring Cross Dr, $275,000 3427 Marsh Rd, $313,900 4947 Pebblehurst Dr, $499,550 586 Fairwood Dr, $322,500 88 Donze Ct, $257,000 1763 Juniata Rd, $169,900 572 Cynthia Ln, $300,000 366 North Ave, $265,000 24 N Washburn Rd, $443,635 9614 E Idlewood Dr, $180,000 9298 Ashcroft Ln, $430,000 2700 Post Rd, $553,000 1789 Bellaway Dr, $440,000 1879 Ridge Meadow Ct, $221,500 1796 Maplegrove Dr, $501,000 10448 E Cobblestone Ln, $320,000 1493 Waynesboro Dr, $511,000 2328 New Milford, $560,000 1182 St Rt 44, $420,000 310 Sandover Dr, $357,900 804 Circlewood, $410,000 975 Memory Ln, $435,870 405 Normandy Ct, $390,000 10559 Vaughn Rd, $469,900 parcel 27-039-00-00-001-009 St Rt 225, $203,399 1794 St Rt 225, $143,000 10306 Liberty, $202,000 6725 Wakefield, $390,000 parcel 45-004-00-00-051-000 St Rt 43, $220,000 985 Edgewater Cr, $365,000 1725 Countryview Dr, $410,000 4365 Dudley, $326,000 1443 Old Forge, $210,000 1533 Old Forge, $230,000 parcel 28-038-00-00-019-040 Hartville, $10,000 142 Oakwood, $140,000 535 Maple, $242,047 670 Northwood, $200,000 1039 Susan Rd, $310,000 4179 Wayland, $50,000 2854 Work Rd, $299,000 5686 Halwick Dr, $288,000 4080 Sabin, $200,000 926 Gaynelle, $240,000 8600 Deer Meadow BV, $390,000 10050 Wellman Rd, $924,000 9958 Beverly Ln, $203,000 3728 Derbyshire Dr, $140,000 Coolidge St, $110,000 4452 Chaseline Ridge, $525,000 401 Marlee Ct, $287,500 640 Simons Dr, $270,000 4067 Cherokee TR, $268,000 1668 Eastwood Dr, $206,000 3466 Lily Ct, $205,000 4228 Sterling Station Dr, $376,422 Gloria / Coolidge St, $110,000 Boston Rd, $80,000 4506 Cleveland St, $110,000 25 Clearwater Dr, $415,000 4847 Treeline Dr, $375,000 Cleveland St, $110,000 3115 Willow View Cir, $499,900 4152 Knight Ln, $69,000 4349 Inner Circle Dr, $82,000 2093 Glenmont Dr, $528,165 4386 Oak Ridge Trl, $425,000 5635 Shawnee Trl, $350,000 2520 Cana Cir, $440,000 717 Cadmean Ct, $65,000 661 Hawthorne Dr, $319,900 1066 Northford Ct, $253,000 3000 Sutton Ln, $847,500 2839 Grayson Dr, $155,000 1015 Concord Dr, $295,000 W Smith Rd, $387,000 5475 Windfall Rd, $660,000 8067 Branch Rd, $1,100,000 4475 Luckystone Way, $465,165 1240 Pennyroyal Cir, $530,000 2761 Cynthia Dr, $285,000 3959 Beach Rd, $125,000 4255 Winner Cir, $384,000 451 Birch Hill Dr, $154,700 1475 Eastern Rd, $165,000 Eastern Rd, $165,000 197 Cumberland Trl, $60,500 7901 Wooster Pike, $435,000 212 Cumberland Trl, $60,500 220 N Main St, $57,000 11040 Smith Rd, $625,000 N Main St (R), $57,000 Greenwich Rd, $15,000 529 Bird St, $140,000 361 Akron Rd, $235,000 246 Grandview Ave, $160,000 536 Tulip Trl, $310,000 234 Summit St, $161,000 416 Sharon Woods Rd, $220,000 6782 Legacy Ln, $761,000 924 Seville Rd, $550,000 739 Silvercrest Rd, $222,000 250 Deepwood Dr, $108,000 9899 MT Eaton Rd, $140,000 644 Southbay Dr, $197,000 This article originally appeared on Akron Beacon Journal: New Green home on nearly 3 acres sells for $1.2 million. 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San Francisco Chronicle
37 minutes ago
- San Francisco Chronicle
USA Surfing gets new financial backing in a bid to be recertified for its hometown Olympics
LOS ANGELES (AP) — USA Surfing says it has secured a multimillion-dollar endowment as part of its push to be recertified as the nascent Olympic sport's national governing body after losing its status four years ago over financial issues. USA Surfing executive director Becky Fleischauer told The Associated Press on Wednesday that the investment is a major step toward the organization's goal to return to the Olympic movement. 'We have a new board, new leadership, and we've been delivering more value to our surfers than has ever been provided in the past,' Fleischauer said. 'There's a lot of energy. This investment is a declaration of confidence in the future of surfing from those who know it best.' USA Surfing has struck multiyear deals for financial backing from Kamaka Responsible Development, which builds housing communities, and with Orange County-based surf company Resin Services. Kamaka also plans to develop a wave pool that can be used for year-round training for USA Surfing athletes. Fleischauer spoke from the USA Surfing Championship at Lower Trestles, the iconic surf break near San Clemente, California, that will also host the Los Angeles Olympics surfing competition in 2028. USA Surfing, which is based in San Clemente, has crowned its under-18 national champions at Trestles for decades. 'Trestles is our backyard,' Fleischauer said. 'It's where our surfers train. It's where our coaches coach. It's really a global hub for surfing, and we reside right here, so that puts us in a really strong position to know our surfers, know our break, and to be able to lift up the entire community by having the Olympics here.' Surfing made its Olympic debut at the Tokyo Games in 2021, but USA Surfing had already run into trouble with the U.S. Olympic and Paralympic Committee by then over numerous concerns about the organization's financial management. USA Surfing voluntarily decertified as the sport's national governing body in December 2021, although it remained the American representative to the International Surfing Association. USA Surfing is reapplying to be the NGB again, but the U.S. Ski & Snowboard Federation has also applied to manage the Olympic surf team. The well-funded winter sports organization is run by Sophie Goldschmidt, the former chief executive of the World Surf League. One governing body managing multiple sports is an accepted practice in some countries, but hasn't been the norm in the U.S. Olympic movement since the Amateur Sports Act in 1978. The USOPC is evaluating both groups' filings and is expected to resolve the situation within the next few months. While Ski & Snowboard has ample Olympics experience, USA Surfing has the backing of the ISA and even the World Surf League itself, according to its filing with the USOPC. U.S. Olympic gold medalists Caroline Marks and Carissa Moore were among several top surfers who submitted letters of support for USA Surfing. USA Surfing has kept operating without funding from the USOPC since its decertification, still staging competitions and aiding American surfers in their preparation for international events. The body has since made large changes to its leadership, appointing Fleischauer and adding several new members to its board of directors in January 2024.
