KROGER MAY SELL 780 CONVENIENCE STORES
Supermarket operator Kroger, parent company of King Soopers, says it is considering selling its gas station convenience stores, such as KwikShop, Loaf ‘N Jug and Turkey Hill Minit Markets.
Kroger Co. says the business, which has more than 780 stores and 11,000 employees, would be more valuable outside of the company. A sale would leave Kroger with about 2,800 supermarkets.
Grocery store operators have been under pressure after Amazon.com Inc. bought Whole Foods this summer.