• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Mark Zuckerberg says over 10 million people used Meta’s Muse—and demand was so high, he had to get Stripe to raise credit limits

2

Mark Zuckerberg owns 13% of Meta but controls 61% of its votes. California’s wealth tax would bill him on the 13%

3

‘I’m a millionaire, and I proudly rent’: Mrs. Dow Jones says the American Dream needs a rethink

1

Mark Zuckerberg says over 10 million people used Meta’s Muse—and demand was so high, he had to get Stripe to raise credit limits

2

Mark Zuckerberg owns 13% of Meta but controls 61% of its votes. California’s wealth tax would bill him on the 13%

3

‘I’m a millionaire, and I proudly rent’: Mrs. Dow Jones says the American Dream needs a rethink
RetailKroger

Kroger Is Offering Early Retirement to 2,000 Employees

By
Tessa Berenson
Tessa Berenson
Down Arrow Button Icon
By
Tessa Berenson
Tessa Berenson
Down Arrow Button Icon
December 16, 2016, 8:58 AM ET
Inside A Kroger Co. Supermarket Ahead Of Earns Figures
The Kroger Co. logo is seen on a shopping bag at a supermarket in Peoria, Illinois, U.S., on Tuesday, June 12, 2012. Bloomberg via Getty Images
Google source logo
Add Fortune on Google for similar content.

In an effort to cut costs, Kroger Co. will offer early retirement to 2,000 corporate employees.

The Wall Street Journal reports that the supermarket chain will not fill the vacant spots of workers who accept the offer. Earlier in December Kroger cut its outlook for its annual profit for the second time this year. Kroger released a statement Thursday saying that the new retirement option is part of a strategy to implement cost controls behind the scenes in ways that do not directly affect customers.

“We believe a generous Voluntary Retirement Offering is in line with our company values and recognizes the long careers many of our associates have had with Kroger,” Rodney McMullen, Kroger’s chairman and CEO, said in a statement. “Kroger is committed to our operating model of lowering costs to invest in the areas that matter most to our customers.”

 

Kroger is the second-largest food seller in the United States after Wal-Mart.

About the Author
By Tessa Berenson
See full bioRight Arrow Button Icon

Latest in Retail


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Recommended For You

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.