CINCINNATI — Kroger on Thursday reported first-quarter results that beat 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 — Kroger Co. plans to hold a nationwide event on Thursday with the aim of hiring 10,000 associates to support its retail, e-commerce, pharmacy, manufacturing, and logistics operations. “The Kroger Family of Companies is one of the largest employers in the country and our longstanding culture of opportunity has created an environment where many
ARLINGTON, Va. — One of the highlights of the annual meeting the National Association of Chain Drug Stores held virtually last month was the passing of the leadership torch to new chair Colleen Lindholz, president of Kroger Health at Kroger Co. Lindholz’ message to associate members was clear: “We’re all in this together,” she stated.
CINCINNATI — Kroger Co. last month announced that the first of 20 customer fulfillment centers (CFCs) it is developing in partnership with British online grocer Ocado Group PLC was ready to fulfill orders from online shoppers. The gigantic warehouse, in Monroe, Ohio, north of Cincinnati, deploys robots, artificial intelligence and autonomous-navigation software to pick and
CINCINNATI — Kroger Co. marked Earth Day on Thursday by announcing the expansion of its Simple Truth Recycling Program to include all of its private-label brands, including Private Selection, Kroger Brand, Comforts, Luvsome and Abound. Developed in partnership with international recycling leader TerraCycle, the Kroger Our Brands Recycling Program is designed to offer customers a
CINCINNATI – Kroger announced that the first of 20 customer fulfillment centers (CFC) it is developing in partnership with British online grocer Ocado Group PLC is ready to fulfill orders from online shoppers. The gigantic warehouse, in Monroe, Ohio, north of Cincinnati, deploys robots, artificial intelligence and autonomous-navigation software to pick and pack merchandise and
CINCINNATI — The Kroger Co. will host a virtual 2021 Investor Day Wednesday to provide an update on the company’s strategic initiatives and plans to deliver strong and sustainable total shareholder return of 8% – 11%. Rodney McMullen “Kroger continues to deliver for customers through our seamless ecosystem and relentless focus on freshness, value and
CINCINNATI — Kroger Co. executive vice president and chief operating officer Mike Donnelly is retiring later this spring, the company said earlier this month, adding that a succession plan will be announced at a later date. Donnelly has spent more than 42 years with Kroger. “With his relentless focus on the customer, Mike has led
CINCINNATI — Propelled by consumer behavior changes triggered by the COVID-19 pandemic, Kroger Co. saw its bottom line grow by more than 50% in fiscal 2020, despite a hefty charge to adjust union pension commitments that hammered results for the fourth quarter. Looking ahead, executives expressed confidence that their business model will be able to
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. “Texas is
CINCINNATI — Kroger Co. executive vice president and COO Mike Donnelly is retiring later this spring, the company said Monday, adding that a succession plan will be announced at a later date. Donnelly has spent more than 42 years with Kroger. “With his relentless focus on the customer, Mike has led the organization to prioritize