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Kroger's Trading Volume Plummets 70.1% Ranking 96th in Market Activity
Generated by AI AgentAinvest Volume Radar
Monday, Jun 23, 2025 8:49 pm ET1min read
On June 23, 2025, The's trading volume was 7.49 billion, a 70.1% decrease from the previous day, ranking 96th in the day's stock market activity.
rose by 2.78%, marking two consecutive days of gains, with a total increase of 12.90% over the past two days.Kroger has announced plans to close 60 grocery stores by the end of 2026, a strategic move aimed at optimizing its operations. This decision comes as the company reported a gross margin of 23% for the quarter, an improvement from 22% last year, primarily due to the divestment of
Specialty Pharmacy and other cost-saving measures.In the first quarter of 2025, Kroger reported identical sales growth of 3.2%, driven by strong performance in pharmacy, e-commerce, and fresh sales. The company's e-commerce sales grew by 15%, with improvements in order accuracy and reduced pickup wait times, contributing to increased customer satisfaction and loyalty.
Kroger's strategic initiatives include the closure of underperforming stores and the acceleration of new store openings in 2026. This approach aims to streamline operations and focus on high-growth areas, further enhancing the company's competitive position in the market.
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