CINCINNATI — Kroger Co. has promoted Kenny Kimball, currently vice president of operations in the company’s Smith’s division, to serve as the unit’s president. The promotion is effective April 30. Kimball succeeds Jay Cummins, who retires on April 29. “Kenny’s passion for developing associates and his commitment to putting our customers first will further accelerate growth
CINCINNATI — Kroger Co. has promoted Michael Marx, currently its vice president of people operations for Kroger, to serve as president of its Roundy’s Wisconsin division. Don Rosanova, who has been serving as executive vice president of operations for Roundy’s, will become president of the Mariano’s chain, which operates in Chicago and is part of Kroger’s
NEW YORK — Most retailers see online retailing as a critical part of their growth strategy, but that does not mean they can afford to neglect their brick-and-mortar stores. And in recent weeks a number of chains have detailed the sizable investments they plan to make in their physical stores this year. Dollar General Corp.,
CINCINNATI — Kroger Co. announced last month that Jay Cummins, president of its Smith’s division, was retiring from the company after 44 years. No replacement was named. Cummins began his career with Kroger as a clerk in Huntington Beach, Calif., in 1972. He worked his way up the ladder at the company’s Food 4 Less
CINCINNATI — Kroger Co. on Thursday said profits increased 17% to $2.04 billion in the fiscal year ended January 30 on a 1.3% rise in sales to $109.8 billion. The company said same-store supermarket sales, excluding fuel, have now increased for 49 consecutive quarters. “2015 was an outstanding year for Kroger,” chairman and chief executive
CINCINNATI — Kroger senior vice president for retail operations and strategic initiatives Marnette Perry is planning to retire on April 29, after 44 years with the company. “Marnette’s story is one we can all be proud of: she joined Kroger for a job as a part-time cashier while in college, and stayed for a remarkable
CINCINNATI — Kroger Co. next month will debut a culinary-focused concept store outside Seattle. The Main & Vine format, opening in Gig Harbor, Wash., will emphasize produce, food preparation advice and high-quality ready-to-eat meals. The store will also feature an expanded selection of organic products. It will offer “fresh, affordable” local produce and meat, and
CINCINNATI – Kroger Co. has agreed to buy 151-store Roundy’s Inc. for some $800 million, including debt. Kroger will purchase all outstanding shares of Roundy’s for $3.60 per share, a premium of about 65% to its closing price on November 10. The deal, which is expected to close by year-end, was unanimously approved by the
WILTON, Conn. – Walmart is the top retailer and Procter & Gamble Co. (P&G) is the top manufacturer in the 2015 PoweRanking from consulting firm Kantar Retail LLC. Each has led its respective category for more than a decade, noted Kantar, which launched the survey in the late 1990s with the aim of identifying industry