NEW YORK – C&S Wholesale Grocers is reportedly in talks to potentially buy grocery stores from Kroger and Albertsons as the retailers pursue regulatory approval of a proposed merger that could require divestiture of hundreds of supermarkets. News of the talks was first reported by Bloomberg News and picked up by other media outlets. Reuters,
CINCINNATI – The Kroger Co. today said sales, excluding fuel, increased 6.4% to $34.2 billion in the third quarter ended Nov. 5. With consumers continuing to demonstrate a willingness to spend on food despite rising prices, the company raised its forecast for the full year. Kroger said comparable-store sales, excluding fuel, increased 6.9% in the
Dr. Marc Watkins of Kroger was part of a panel of five leading retailers that recently addressed the barriers that many Americans face in accessing quality health care, and discussed what can be done to lower them. The conversation was part of the Together in the Fight for Health Equity event presented by Chain
Much attention has been paid to the impact on the grocery market of Kroger’s proposed $24.6 billion acquisition of Albertsons Cos. If the deal passes muster with antitrust regulators, it will significantly strengthen Kroger’s position as the second-largest seller of food and related products in the United States. The importance of that development, however, shouldn’t
CINCINNATI — Kroger Co. and Albertsons Cos. on Friday confirmed that they planned to merge, formally announcing a $25 billion deal that would combine the nation’s two largest supermarket operators into a single company that operates 4,996 stores, 66 distribution centers, 52 manufacturing plants, 3,972 pharmacies and 2,015 fuel centers. The combined company will operate
CINCINNATI — Kroger Co. is seeking to acquire Albertsons Cos. and could announce a deal this week, according to published reports. Kroger is the nation’s top traditional grocery store operator, with almost 2,800 food stores operating under about 20 different banners, including Kroger, Ralphs, Dillons, Smith’s, King Soopers, Fry’s, QFC, City Market, Owen’s, Jay C,
CINCINNATI — Kroger outlined new efforts in its quest to fight hunger and create healthier communities during the Conference on Hunger, Nutrition and Health convened by President Joe Biden. Kroger chairman and CEO Rodney McMullen participated in the Conference aimed at ending hunger and increasing healthy eating and physical activity among Americans. “We are proud to
CINCINNATI — Kroger Co. has expanded its customer loyalty program with a membership option, called Boost by Kroger, that offers unlimited free grocery delivery on orders of $35 or more, fuel discounts of up to $1 per gallon and additional savings on the retailer’s Our Brands products. Kroger estimates the membership can save customers more
CINCINNATI — Kroger reported first quarter sales and earnings that beat expectations, and the company raised its outlook for the full year. Kroger said that total company sales in the first quarter were $44.6 billion, compared to $41.3 billion for the same period last year. Excluding fuel, sales increased 3.8%. Identical Sales without fuel increased
CINCINNATI — The Kroger Co. announced the second year of its groundbreaking Go Fresh & Local Supplier Accelerator, a program designed to enhance and accelerate the selection of local items sold in the Kroger Family of Companies. The program provides a pathway to entry for local businesses of all sizes by allowing American-based growers and
CINCINNATI — Kroger announced at its 2022 Business Update in Orlando Friday that it will offer more Americans delivery through the addition of spoke facilities in Austin and San Antonio, Texas and Birmingham, Ala. powered by the Kroger Fulfillment Network and Ocado Group. As a continuation of Kroger’s successful entry into Florida in 2021 without physical stores, the new Texas and Alabama facilities will serve
CINCINNATI — The Kroger Co. is hosting a 2022 Business Update Friday in Orlando, Fla., where management will provide an update on the company’s strategy of Leading with Fresh and Accelerating with Digital. Following the event, Kroger will host an in-person tour of the company’s Customer Fulfillment Center powered by Ocado, located in Groveland, Fla. “As
CINCINNATI — Kroger delivered fourth-quarter results that topped expectations, with a total 3.7% sales gain (excluding fuel). Identical Sales without fuel increased 4.0%, exceeding expectations for a 2.84% rise, and were up 14.6% on a two-year stack basis. Digital sales on a two-year stack grew 105%. Adjusted earnings per share of $0.91 also beat expectations.
NEWPORT BEACH, Calif. – Level Select has announced a broad-based distribution partnership with select Kroger stores nationally spanning over 1,200 locations. Level Select’s renowned relief and recovery CBD topicals will now be available in the largest grocery retail chain in the U.S., providing convenient access to quality CBD products at retail prices that consumers can
