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Kroger plans 55 new stores and about 175 major remodels in 2017.

Kroger trims new-store plans by 35%

Parallels widespread slowdown in development as retailers invest in remodels, digital

Kroger Co. plans a 35% reduction in new-store development, store expansions and relocations in 2017, with 55 projects planned, versus 85 in 2016, according to its annual 10-K report filed with the Securities and Exchange Commission this week.

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