The Kroger Co. is reporting net earnings of $508 million, or $0.62 per diluted share, for the second quarter of 2018, which ended on Aug. 18. Kroger’s second quarter adjusted net earnings were $336 million, or $0.41 per diluted share. Net earnings for the second quarter of 2017 were $353 million, or $0.39 per diluted […]
Tag: Kroger
Kroger Offering Instacart Delivery In 75 More Markets
The Kroger Co. and Instacart are expanding their partnership by bringing same-day delivery to 75 additional markets throughout the U.S. by late October. The expansion will grow Kroger and Instacart’s nationwide footprint by 50 percent, making the delivery service available through more than 1,600 stores. Kroger customers in more communities throughout the country—starting Aug. 30 with […]
Kroger To Phase Out Single-Use Plastic Bags By 2025
The Kroger Co. on Aug. 23 announced it will phase out single-use plastic bags and transition to reusable bags across its family of stores by 2025. Seattle-based QFC will be the company’s first retail division to phase out plastic bags, and Kroger expects QFC’s transition to be completed in 2019. “As part of our Zero Hunger […]
Atlanta Kroger Customers Raise $65K To Support Aflac Cancer Center
From July 26-29, Kroger customers and associates across metro Atlanta, Georgia, rounded up purchases to the nearest dollar, raising more than $65,403 to contribute to the WSB Care-a-Thon. All donations will be used to help fund family support services, research and the fellowship program at the Aflac Cancer Center located at Children’s Healthcare of Atlanta (CHOA). […]
Kroger Begins Testing Driverless Delivery
The Kroger Co. and Nuro have selected Scottsdale, Arizona, as the city for their self-driving grocery delivery pilot, which kicked off Aug. 16. Earlier this summer, Kroger and Nuro, maker of driverless delivery vehicles, announced a partnership to begin testing grocery delivery using Nuro’s robots. Customers can place same-day delivery orders through Kroger’s ClickList ordering system or […]
Kroger Names Phipps VP Of Branding, Marketing, Our Brands
The Kroger Co. has named Gil Phipps, currently VP of Our Brands, to VP of branding, marketing and Our Brands, effective Aug. 15. Phipps joined the company in 2012 and led the transformation of Our Brands by evolving existing brands and introducing new brands that resonate with customers, says Kroger. “Through elevating recipes and product formulations, inserting personality into […]
Kroger Releases 12th Annual Sustainability Report
The Kroger Co. has released its 12th annual sustainability report detailing the company’s progress on its “Zero Hunger | Zero Waste” social impact plan as well as its 2020 sustainability goals. “Kroger associates achieved incredible progress on our business strategy and sustainability journey in 2017. We launched our three-year Restock Kroger plan, engaged more deeply with our Purpose: To Feed the […]
Kroger Launches OptUP App To Help Customers Make Healthy Swaps
The Kroger Co. has introduced OptUP, a new, data-driven app that helps customers make more informed, healthier purchase decisions. “Kroger’s new OptUP app is transformational for the food retail industry,” said Collen Lindholz, Kroger’s president of pharmacy and The Little Clinic. “The app puts nutritional information at your fingertips and makes finding and buying better-for-you products easier and simpler.” […]
Kroger’s Third Natural Foods Summit Draws 50-Plus Emerging Brands
The Kroger Co. hosted its third Natural Foods Innovation Summit in partnership with 84.51°, in Cincinnati, Ohio, on July 12. More than 50 brands participated in the expo, bringing the total to 150 different small businesses Kroger has engaged with during its three Summit events. “Kroger’s natural and organic category achieved $16.7 billion in sales last […]
Kroger Launching ‘Dip’ Apparel Brand With Fashion Designer Joe Mimran
The Kroger Co. has developed a new apparel brand, Dip, in partnership with fashion designer Joe Mimran. Known for the Club Monaco, Joe Fresh and Pink Tartan brands, Mimran brings 30 years of industry expertise to the exclusive clothing line that “makes effortless style easy and affordable to achieve,” says Kroger. “We’ve worked closely with Joe […]
Kroger’s New Payment Policy A Cause For Concern For Produce Industry
Kroger recently sent out a letter to produce shippers outlining its new 90-day standardized payment policy, which takes effect Aug. 1, 2018. According to a number of produce industry organizations, the new policy conflicts with protection rights under the PACA Trust, and agreeing to any extension beyond 30 days automatically forces produce suppliers to waive their PACA […]
Kroger’s First Quarter Results Beat Expectations, Net Earnings Up
The Kroger Co. is reporting net earnings of $2.0 billion, or $2.37 per diluted share, in the first quarter of 2018, which ended on May 26. Kroger’s first quarter adjusted net earnings were $626 million, or $0.73 per diluted share. Net earnings for the first quarter of 2017 were $303 million, or $0.32 per diluted […]
Recommended: Grocers Trying To Lessen Impact On The Environment
Specialty grocery stores such as Ellwood Thompson’s Local Market and Whole Foods Market have as part of their mission to minimize their impact on the environment and natural resources. “We are worried about the planet. We care about the generations to come, our children and grandchildren,” said Rick Hood, owner of Ellwood Thompson’s, which has […]
Kroger Precision Marketing To Begin Offering Boosted Product Listing Ads
The Kroger Co., through Kroger Precision Marketing powered by 84.51°, will launch a self-service marketing platform, Boosted Products in Search, on June 4. Kroger intends for the platform to help brands reach digitally active shoppers with hyper-relevant products within search results across Kroger digital properties, and view performance in real-time. Brands will have the ability to promote their online […]
Kroger CEO Expresses Optimism In Letter To Shareholders
In the company’s annual letter to its shareholders, Kroger Chairman and CEO Rodney McMullen voiced his confidence in Kroger’s future, thanks in large part to the retailer’s Restock Kroger plan. “We have the scale, data, physical assets and human connection to win with our customers today and into the future,” he wrote. “We are energetically […]
Kroger Brings Scan, Bag, Go To Metro Atlanta Area
Kroger unveiled its new Scan, Bag, Go program, a new technology that allows customers to scan their own groceries for quicker shopping, in metro Atlanta Tuesday morning, April 16. The service is another way for customers to shop, alongside online ordering, traditional checkout lanes and home delivery. Kroger has tested Scan, Bag, Go in several […]
GMA To Honor Mondelēz, Kroger Vets With Hall Of Achievement Awards
The Grocery Manufacturers Association (GMA) has named the recipients of this year’s Hall of Achievement Awards: Irene Rosenfeld and Fred Morganthall. Rosenfeld is the retired chairman and CEO of Mondelēz International Inc., and Morganthall served as EVP of Kroger and president of Harris Teeter. The Hall of Achievement Award, GMA’s highest honor, recognizes the “service […]
Kentucky-Made Cattlemen’s Ground Beef Debuts At Kroger
This week, Kentucky’s Agriculture Commissioner Ryan Quarles joined Kentucky Cattlemen’s Association leaders, Kroger officials and farmers to unveil a new all-Kentucky beef product—and celebrate National Agriculture Day. Kentucky Cattlemen’s Ground Beef is sold in 85 Kroger supermarkets across the Commonwealth in one-pound packages and in two-pound packages of four patties each. “On a day when […]
Kroger Expanding Delivery Services With Instacart
The Kroger Co. is expanding its partnership with Instacart to increase its customer delivery coverage area in 2018. “As part of Restock Kroger, we are investing in redefining our customers’ grocery shopping experience by bringing online and offline seamlessly together,” said Yael Cosset, Kroger’s chief digital officer. “Having grown our digital sales in 2017 by 90 percent, we continue to […]
Kroger Sales Up 12.4% In 4Q, Digital Sales Up 90% For The Year
The Kroger Co. is reporting net earnings of $0.96 per diluted share and identical supermarket sales, without fuel, of 1.5 percent in the fourth quarter of 2017, which ended on Feb. 3, 2018. Kroger’s fourth quarter adjusted net earnings per diluted share were $0.63. Fiscal 2017 net earnings were $2.09 per diluted share, and identical supermarket […]
