In a concession to difficulties of the current operating environment,
Kroger on Thursday said it was offering voluntary retirement buyouts to
as many as 2,000 of its non-store employees.
The announcement is in support of the company’s “Customer 1st”
strategy to reduce costs in areas not affecting the customer experience,
such as in stores, CEO Rodney McMullen said in a statement.
“Kroger would not be the successful company it is today without the
incredible efforts of all of our associates. 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," McMullen said. "Kroger is committed to our operating model of
lowering costs to invest in the areas that matter most to our