Kroger's Big $4 Billion Expansion Plan
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Kroger has big expansion plans in 2016. How big? Enough to build both the Horseshoe Casino Cincinnati and the Great American Tower at Queen City Square — five times. Enough to rebuild the Brent Spence Bridge — twice. Enough to buy Convergys and Chemed combined — not just the downtown buildings, but both entire companies. Kroger's not just spending a ton of money — if it were in $100 bills, the Cincinnati- based retailer would be spending almost 41 tons of money. It's spending more than $4 billion to open new stores, expand or renovate old supermarkets, and upgrade technology and logistics to support them.