Kroger is aggressively expanding through acquisition, buying Giant Eagle and other regional supermarket chains for $1.7B to strengthen its footprint in the Northeast and Pennsylvania. Meanwhile, other retail chains are reshaping their store networks, with some closing locations and others opening in new markets.
·Kroger acquiring Giant Eagle supermarket chain in $1.65B deal to return stores to Northeast Ohio
·Pizza chain shutting down all locations in an Alabama city
·Convenience store chain opening its first Capital Region location
·Western wear retailer La Herradura moving into vacant JoAnn store space in Henrico
·Major grocery chains exploring strategies to lower food costs for consumers
drawn from The Business Journals, USA Today, Akron Beacon Journal, ABC27 · updated 13h ago