On December 4, 2025, the Company determined the impairment and related charges as a result of the closure of certain fulfillment centers in the United States includes a cash payment to Ocado of approximately $350 million.
Earnings ReportOperational Update
Kroger Announces $350M Impairment Charge And Ocado Payment Following U.S. Fulfillment Center Closures
Benzinga•December 05, 2025 at 9:33 PM•Full Content
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Kroger recorded a $350M impairment charge and made a cash payment to Ocado due to closures of U.S. fulfillment centers.
LLM Summary
Kroger announced a $350 million impairment charge and a corresponding cash payment to Ocado as a result of shutting down several U.S. fulfillment centers. The decision reflects a strategic reassessment of its e-commerce logistics network. The announcement was made on December 4, 2025.
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Author:
Benzinga Newsdesk
Tickers:
KR
Updated At:
December 05, 2025 at 5:33 PM
Benzinga Channels:
News
Teaser:
On December 4, 2025, the Company determined the impairment and related charges as a result of the closure of certain fulfillment centers in the United States includes a cash payment to Ocado of approximately $350
Benzinga Stocks:
KR (NYSE)
Benzinga Article ID:
49242922