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What you need to know about Kroger pharmacy closings in Florida

By Joe PapponeOctober 12, 2018 10:34:23The Kroger Foodservice chain is closing its Florida stores.

The company announced Thursday that it will shutter the locations of all stores in Broward County, Daytona Beach, Fort Lauderdale, West Palm Beach, Miami-Dade and Lakeland.

The stores will be closed for 60 days.

The chain is planning to close its locations in Fort Lauderdale by the end of the month.

The stores will reopen by the beginning of the end-of-year holiday shopping season.

Kroger has about 4,200 stores in the United States and Canada.

Kroger’s decision comes on the heels of a rash of chain closures.

A report from the nonprofit advocacy group Food Trusts found that nearly 300 chains were closing stores in 2019.

The number of stores closed jumped 10% in the second quarter.

More closures are expected as consumers look for healthier options at more competitive prices, Food Trust’s CEO Mark Goss told The Associated Press.

Krogreens is the nation’s largest grocery chain.

Krogers stock price closed up 5.9% in early trading Thursday, but has since been pushed back up to $30.60.

The chain is a leading force in the food and grocery sectors and is the largest privately held U.S. retailer.

The Associated Press contributed to this report.