Kroger Co.
Kroger Announces $2.6 Billion Impairment Charge Due to eCommerce Plan Update
Summary
On November 18, 2025, The Kroger Co. announced updates to its eCommerce plan, including the closure of certain fulfillment centers, resulting in an expected impairment charge of approximately $2.6 billion in the third fiscal quarter of 2025. This move is expected to improve eCommerce profitability by approximately $400 million in 2026.
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About Kroger Co.
Kroger Co., a leading grocery retailer in the United States, operates a vast chain of supermarkets and multi-department stores. With its origins tracing back to 1883, Kroger has grown to become one of the largest retail companies worldwide. The primary function of Kroger is to provide a wide range of food and grocery items, along with other essential goods and pharmacy services, to consumers across the nation. Known for its strong private label brands, Kroger offers products that cater to diverse dietary preferences and budgets. The company plays a pivotal role in the retail sector by maintaining an extensive supply chain network, which is crucial for ensuring food security and accessibility in numerous communities. In addition to its retail operations, Kroger is at the forefront of sustainability initiatives, incorporating environmentally responsible practices and focusing on reducing food waste. Its impact extends beyond groceries, influencing industries such as agriculture, transportation, and logistics, further underscoring its significance in the financial market.
Official SEC Documents
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