WINSTON-SALEM, N.C. – This week Inmar and Kroger Co. announced the completion of Inmar’s acquisition of You Technology, a digital coupon and digital rebate publishing platform, from Kroger and the finalization of Inmar’s long-term service agreement to provide digital coupon services to the Kroger family of stores. Kroger’s sale of YouTech to Inmar was for total
CINCINNATI — Kroger Co. on Thursday reported fiscal fourth quarter net income of $259 million, down from $854 million a year earlier, as investments weighed on profits. Net sales for the quarter ended February 2 declined 9.5% to $28 billion. When adjusted for factors including an extra week in 2017, divestiture of its convenience stores
CINCINNATI — Kroger Co. and Ocado said Tuesday that their next two customer fulfillment centers will be located in central Florida and in the Mid-Atlantic region. “Kroger is excited to partner with Ocado — one of the most innovative, advanced companies in the world — to redefine the grocery shopping experience for customers along the
CINCINNATI — Kroger Co. and Home Chef announced Wednesday the introduction of retail meal kits to new cities, bringing the weekly rotating meal solution to 500 additional Kroger Family of Stores across the country. Additionally, homechef.com has launched a customizable meal kit feature for online orders, allowing customers to have more flexibility in deciding what’s for
CINCINNATI — Kroger Co. announced its technology leadership succession plans in support of Restock Kroger. Christopher Hjelm, executive vice president and chief information officer, will be succeeded by Yael Cosset, Kroger’s chief digital officer, effective May 1, 2019. Hjelm will remain executive vice president, reporting to chairman and chief executive officer Rodney McMullen, until his retirement on August
NEW YORK — Kroger Co. chairman and chief executive officer Rodney McMullen provided his outlook on the future of retail at the NRF 2019: Retail’s Big Show here during a dynamic keynote presentation themed Restocking the future: Kroger’s insatiable appetite to play and win the long game. CNBC “Squawk on the Street” and “Closing Bell” Anchor Sara Eisen moderated
CINCINNATI — Kroger Co. and Microsoft Corp. today announced a collaboration to redefine the customer experience using Kroger Technology products powered by Microsoft Azure, the retailer’s preferred cloud platform for Retail as a Service (RaaS). Through this innovative partnership, Kroger will pilot a connected store experience and together with Microsoft, jointly market a commercial RaaS product to
SCOTTSDALE, Ariz. — Nuro and Kroger Co. today announced the launch of the first-ever unmanned delivery service available to the general public. Since August, the companies have operated a self-driving grocery delivery service in Scottsdale, Ariz. with an autonomous Prius fleet accompanied by vehicle operators. The autonomous vehicles have completed nearly one thousand deliveries to the
CINCINNATI — Inmar and Kroger Co. have launched a new strategic relationship to drive innovation in digital offer management. The relationship includes the sale to Inmar of You Technology, a digital coupon and digital rebate publishing unit owned by Kroger, in conjunction with a long-term services agreement with Inmar for the continued delivery of digital offer management services
GREEN BAY, Wis. — According to various published reports, Kroger Co. has acquired a portion of Shopko’s pharmacy business, according to a spokesperson for Kroger-owned Roundy’s stores. The transaction impacts 42 Shopko pharmacy locations. Twenty-five of those Shopko pharmacies are located in Wisconsin. “I think it’s not all that surprising that Shopko is looking to change
CINCINNATI — Kroger Co. announced today the launch of its Rx Savings Club, a new program designed to significantly reduce the cost of prescription drugs for customers across the country, adding to the retailer’s Wellness Your Way platform. The program was developed in partnership with GoodRx. The Kroger Rx Savings Club provides customers with exclusive access
DEERFIELD, Ill. — Kroger Co. and Walgreens today announced two major initiatives, building on the exploratory pilot the companies announced in October, combining America’s food and grocery authority with Walgreens global expertise in pharmacy, health and beauty. “We are redefining the customer experience in a variety of ways through Restock Kroger, including innovative partnerships like
CINCINNATI — Kroger Co. and Ocado announced the Cincinnati region as its selection for America’s first customer fulfillment center (CFC). “Kroger is joining with the best partners in the world to co-innovate and leverage technology to redefine the customer experience,” said Rodney McMullen, Kroger’s chairman and chief executive officer. “We are incredibly excited to partner with Ocado
CINCINNATI — Kroger Co. announced today a partnership to bring Geoffrey’s Toy Box exclusive brands to nearly 600 Kroger family of stores across America for the 2018 holiday season. Starting this month, Geoffrey’s Toy Box branded merchandise and displays will appear in participating Kroger Family of Stores with a selection of 35 children’s toys, ranging in
