The Kroger Co. (NYSE: KR) has cut the ribbon on a new store in southeast Marion County. The grocer says investment in the Franklin Township location totals $25 million.
Kroger has been undergoing major growth throughout the state in the last few years, including investing hundreds of millions of dollars into new and revamped stores. Earlier this year, the company announced its Topvalco Inc. subsidiary had agreed to a $16 million acquisition of 11 former Marsh locations. Kroger says it is currently in the process of determining the best use for the properties.
The 8126 East Southport Road store is one of 138 groceries in Kroger’s Central Division portfolio, which covers Kroger, Owen’s and Pay Less stores in Indiana and Illinois, as well as a small number in Missouri, Michigan and Ohio.