CINCINNATI — Kroger has announced the company plans to invest a total of $84 million in renovating multiple grocery locations in the Tri-State, including opening a new location in Hamilton Township.
A press release sent by the Kroger Company on Thursday said 15 stores in total will be renovated — 12 located in the Greater Cincinnati area. In addition, $39 million of the overall investment will go toward opening a new Kroger Marketplace in Hamilton Township. That new location is slated to open in 2024, though Kroger did not provide a more specific date.
The renovations are also set to begin this year, the company said.
The 15 Kroger locations that will see remodeling efforts are located in:
- Mt. Washington
- Sharonville
- Colerain
- West Chester
- Middletown
- Kings Mills
- Blue Ash
- Green Township
- Monfort Heights
- Fairfield
- Lebanon
- Two locations in Kettering
- Huber Heights
- Connorsville, Indiana
This announcement comes as The Kroger Company is in the middle of an attempted merger with the Albertsons grocery chain. Kroger recently announced it would sell more of its stores and "additional non-store assets" to satisfy antitrust regulators as the company attempts a $24.6 billion acquisition of its largest supermarket rival.
The updated plan calls for C&S Wholesale Grocers to purchase 166 more stores than previously announced, bringing the total to 579 stores.
Kroger has been working since October 2022 on the acquisition; After more than a year of research, the Federal Trade Commission sued to block the merger in February, claiming it will lead to higher prices and reduced bargaining power for labor unions.
The FTC also objected to the companies’ plan to mitigate damage by selling 413 stores to C&S, the nation’s 8th largest privately owned company with annual sales of more than $34 billion, according to Forbes.
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