Kroger and Albertsons Announce Store Closures in Colorado

Colorado communities will be impacted by the merger of Kroger and Albertsons.

The merger between Kroger and Albertsons has resulted in the announcement of store closures in Colorado. This news comes as the two grocery giants consolidate their operations following their merger in October 2022.

The Impacted Stores

The following Kroger and Albertsons stores in Colorado will be closing:

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• King Soopers in Arvada at 53rd and Wadsworth
• King Soopers in Aurora at 14th and Chambers
• King Soopers in Colorado Springs at 21st and I-25
• Albertsons in Denver at Colfax and Krameria
• Albertsons in Fort Collins at College and Harmony

Reasons for the Closures

The closures are part of a larger plan by Kroger to optimize its store network and improve efficiency. The company has stated that the stores being closed are underperforming and do not meet the company's standards for profitability.

Impact on Employees and Customers

The store closures will result in the loss of jobs for approximately 200 employees. Kroger has offered severance packages and job placement assistance to affected employees.

Customers in the impacted areas will need to find alternative grocery stores. Kroger has suggested that customers visit nearby King Soopers or Albertsons locations or consider using the company's online grocery delivery service.

Timeline for Closures

The store closures will take place in phases, with the first closures scheduled for March 2023. All of the stores are expected to be closed by the end of April 2023.

Community Response

The store closures have been met with mixed reactions from the community. Some residents are disappointed to see the stores close, while others understand the need for Kroger to make changes to improve its business.

The closures are expected to have a negative impact on the local economy, as they will result in a loss of jobs and tax revenue. However, Kroger has stated that it is committed to working with the community to minimize the impact of the closures.