Kroger Supermarket Chain to Close 60 Stores Across the U.S. - The Retail Collapse has Begun
With the apparent beginning of WWIII and the conflict between Israel and Iran dominating the headline news this past week, many other significant news stories have seemingly flown under the radar of both corporate and alternative news sites this past week.
On Friday during a 2025 1st quarter sales report, Kroger announced that it is planning on closing 60 stores nationwide in the U.S. during the next 18 months.
Kroger is one of the largest grocery chains in the U.S. with 2,731 stores employing 409,000 people, so closing 60 stores is 2% of all its locations.
I have read several articles that covered this announcement from yesterday, and nobody reporting on this can give a good reason why Kroger is doing this, such as this quote:
“The nationwide grocer is one of the largest supermarket chains in the U.S. and currently operates over 2,700 stores nationwide. Which stores it plans on closing and why remains unclear.”
The reason they don’t want to say why is because it is politically incorrect to do so.
Because if you blame it on tariffs, or the rapidly declining farm labor due to ICE actions, then Trump will humiliate you publicly as he has done to other major retailers recently, such as Apple and Amazon.
This is only going to get worse.
The tariffs are not in the news much these days, but they are still there, and scheduled to increase substantially in early July.
And many U.S. farmers are struggling because ICE is deporting much of their farm labor. Not only are these deportations affecting farm production, they are taking $dollars out of the economy from these laborers who spend what they earn, and grocery stores are going to feel a major brunt of this reduction of spending in the economy.
One place where there are no shortages of food nor a shortage of shoppers is reportedly in Iran.