CINCINNATI — Kroger Co. reported solid sales growth for its fourth quarter and fiscal year ended January 28. For the fourth quarter, net sales increased 5.9% to $34.82 billion. Comparable-store sales (excluding fuel) increased 6.2% from a year ago. Fourth quarter sales of its Our Brands merchandise increased 10.1%. Kroger in the quarter celebrated the
NEW YORK — Rodney McMullen, chairman and chief executive officer of Kroger Co., shared insights into the supermarket retailer’s purpose of “feeding the human spirit” in a marquee session at the NRF Big Show earlier this month. “At Kroger, we succeed by giving a great experience to the customer, investing in associates and making an
CINCINNATI — While Kroger Co. is best known as the nation’s grocer, the company is also a potent force in health care, with 2,255 pharmacies and 226 clinics across the U.S. The drive is under way to maximize synergies between the two sides of the business, positioning “food as medicine” as a means to keep
CINCINNATI — Kroger Co. now offers its customers the ability to order floral bouquets or sushi from its stores and get them delivered to their homes right away by DoorDash. “By offering customer-favorite sushi options and premium floral bouquets through third-party marketplaces we are continuing to evolve and meet customers where and how they are
CINCINNATI — Rodney McMullen, chairman and chief executive officer of Kroger Co., was joined by Albertsons Cos.’ CEO Vivek Sankaran last month in defending the companies’ proposed merger before a U.S. Senate subcommittee, whose members raised concerns over whether a combination of the nation’s two largest supermarket chains would harm consumers and workers. A merger
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 — The Kroger Co. announced the launch of its Our Brands Innovation Summit, a program to enhance and accelerate the selection of private brand items sold across the Kroger family of companies. The program is open to store brand suppliers of food and beverage, health and beauty, packaging and more. The summit supports the
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
BIRMINGHAM, Ala. — Kroger Co. is bringing its grocery delivery service to Birmingham, Ala., another market where it operates no physical stores. The retailer on Friday announced the opening of a new “spoke” delivery facility that serves as an extension of its regional fulfillment center in Atlanta, bringing its Kroger Delivery service to customers in
CINCINNATI — Kroger Co. has selected five new and emerging brands as the winners of its second annual Go Fresh & Local Supplier Accelerator. The chosen brands will join the assortment of local items available across the Kroger family of companies. “We are thrilled to welcome this year’s Go Fresh & Local cohort to our
CINCINNATI — Kroger continues to extend its grocery delivery network rapidly, most recently via the openings of a new “spoke” in Louisville, Ky., and a customer fulfillment center (CFC) in Dallas. Kroger describes the 50,000-square-foot spoke as “a last-mile, cross-dock” operation that features technology from U.K.-based partner Ocado Group PLC. The spoke allows Kroger to