Dive Brief:
- Kroger Co. announced a $465 million investment that entails opening 11 stores and remodeling or expanding 22 other stores in the Indianapolis area.
- This investment will create an estimated 3,000 jobs or more. The company has leased a 7,000-square-foot regional training center in Indianapolis for these new hires.
- Kroger already began implementing some of these changes last year, and they will continue through 2017.
Dive Insight:
Describing the project, Jeff Burt, president of Kroger’s central division, said, "Having capital resources, accurate market research and a determination to achieve our customer-focused business plan goals is a strong competitive advantage in the central Indiana region," Supermarket News reported.