On Sept. 12, The Kroger Co. reported results for its second quarter ended Aug. 17 and provided a Restock Kroger progress update on the Cincinnati-based company’s three-year transformation plan. Total company sales were $28.2 billion in the second quarter, compared to $28 billion for the same period last year. Excluding fuel, dispositions and merger transactions, […]
Tag: Restock Kroger
Posted inMidwest, Corporate Store News, Online Grocery Technology
Kroger’s 84.51° Launches New Insights Product, Stratum
84.51°, a Kroger-owned technology platform, has launched Stratum, an analytics solution that combines customer behavior insights with retail performance measures. Stratum is expected to revolutionize how brands position their products with consumers—both in-store and online—as it is powered by data captured from brick and mortar as well as online transactions. Because of the collaboration between […]
Posted inMidwest, Corporate Store News, Home Page Latest News, Store News
Kroger Releases 3Q Earnings Report, Continuing ‘Restock’ Investments
The Kroger Co. today reported GAAP net earnings of $317 million, or $0.39 per diluted share, in the third quarter of 2018, which ended on Nov. 10. Kroger’s third quarter adjusted operating net earnings were $394 million, or $0.48 per diluted share. The 2018 third quarter adjustment item relates to the change in the market […]
Posted inOnline Grocery Technology, Corporate Store News, Home Page Latest News, Industry News, Midwest, Store News, Sustainability News
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 […]
Posted inCorporate Store News, Grocery News, Home Page Latest News, National, New Products, Nonfood Items, Private Label Brands, Store News
Kroger Introduces Sustainable ‘Our Brands’ Floral Line
The Kroger Co. has introduced Bloom Haus, a sustainable Our Brands floral line launching in its family of stores in time for the holidays. The move comes as the company looks to enhance its Our Brands offerings as part of its Restock Kroger Plan. “Customers can always count on our professional florists to help them […]