Rodney McMullen’s presence at the NACDS Annual Meeting late last month helped energize an event already noteworthy for the high level of intensity evident among attendees eager to get back to doing business in person. The chairman and chief executive officer of Kroger, the nation’s leading operator of traditional supermarkets and a burgeoning power in
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.
CINCINNATI — Kroger Health has won the 2022 American Pharmacists Association (APhA) Immunization Champion Award. The award honors individuals and organizations making extraordinary contributions toward improved vaccination rates within their communities. The APhA Immunization Champion Award recognizes Kroger Health as being an organization that continuously advances the role of pharmacists as valued immunization administrators. It
CINCINNATI – Kroger said Tuesday that it will offer more customers Kroger Delivery through the addition of new Kroger fulfillment centers powered by the Ocado Group, combining vertical integration, machine learning, and robotics to provide an affordable, friendly, and fast fresh food delivery service. “Kroger Delivery is a thriving part of our dynamic ecosystem and
CINCINNATI — Kroger Co. posted second-quarter results that beat forecasts. Identical store sales (excluding fuel) declined 0.6% but increased 14.0% on a two-year stack basis. The two-year stack for digital sales grew 114%. The company also said that its alternative profit business continued its strong growth, tracking toward the high end of annual expectations. “Our
CINCINNATI — The Kroger Co. released on Wednesday its 2021 Environmental, Social and Governance (ESG) report, sharing its new long-term ESG strategy and framework to benefit people and the planet, and to help create a more resilient, equitable food system for tomorrow. “As a grocery retailer, Kroger is committed to advancing positive impacts for people
CINCINNATI — Kroger on Thursday reported first-quarter results that topped analysts’ expectations. The retailer also raised its guidance for the year and announced a new $1 billion share repurchase plan. “Kroger is even better positioned to connect with our customers than we were prior to the pandemic as a result of our relentless focus on
CINCINNATI — The Kroger Co. will host a virtual 2021 Investor Day today to provide an update on the company’s strategic initiatives and plans to deliver strong and sustainable total shareholder return of 8% – 11%. “Kroger continues to deliver for customers through our seamless ecosystem and relentless focus on freshness, value and convenience,” said
CINCINNATI — Kroger Co. on Thursday reported solid fourth-quarter results that included an identical store sales gain of 10.6% (excluding fuel) and digital sales growth of 118%. “I am incredibly humbled by the strength of our associates and what we continue to accomplish together,” Kroger chairman and CEO Rodney McMullen said. “Our customers are at
DALLAS — Kroger continues to provide aid to areas impacted by the historic winter storm in Texas, including issuing $270,000 in Helping Hands emergency grants to more than 500 associates, partnering with the City of Dallas and City of Houston and supplying drinkable water to local communities and not-for-profit organizations like Harvest Project Food Rescue, Houston Food Bank, Montgomery Food Bank and The Wilkinson Center.
CINCINNATI — Kroger reported third quarter comparable store sales growth that beat Wall Street expectations, increasing 10.9% (excluding fuel). Digital sales grew by 108%. The retailer’s earnings also topped expectations. Kroger earnings for the three months ended November 7 were $631 million, or 80 cents per share. That compares to $263 million, or 32 cents
CINCINNATI — Restock Kroger is delivering cost savings, improved shareholder returns, and a stronger competitive position, the retailer said Tuesday. “Through the Restock Kroger framework and intensity around operational excellence, we are achieving cost savings of over $1 billion each year and are investing savings back into the business with an emphasis on the customer
CINCINNATI — The Kroger Co. announced its Framework for Action: Diversity, Equity & Inclusion plan, featuring both immediate and longer-term steps developed in collaboration with associates and leaders to accelerate and promote greater change in the workplace and in the communities the organization serves. “As America’s grocer, Kroger is driven to bring Americans together as an employer,