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Kroger Announces $465 Million Expansion Plans In Indianapolis Area

April 29, 2015: 12:00 AM EST
Kroger said it plans to build 11 new stores and expand or remodel 22 others in the Indianapolis area. Expected to cost $465 million, the expansion will create 3,440 permanent jobs in the region. Details of the expansion plans include spending $75 million on construction of four new superstores, with an average retail floor size of 75,000 square feet, and spending $58 million on expansion of five stores. According to Kroger, the expansion will also help local construction companies and provide increased business to its suppliers.
Jeff Swiatek and John Russell, "Kroger plans $465M expansion in Indy", Cincinnati.com, April 29, 2015, © www.cincinnati.com
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