CINCINNATI — Answering Amazon.com’s encroachment on the retail food business, Kroger Co. has inked a deal with online British supermarket Ocado to accelerate the American grocer’s e-commerce offering. The alliance will mark the U.S. debut of the technology underpinnings of the Ocado Smart Platform, which includes online ordering, automated fulfillment and home delivery capabilities. As
CINCINNATI — Kroger Co. reported a 90% increase in digital sales in fiscal 2017, and said it increased market share for the 13th straight year. The company said the results validated its new Restock Kroger strategy. “We launched Restock Kroger in the fall of 2017 and finished the year with positive momentum in our sales
CINCINNATI — Kroger Co. has agreed to sell its convenience store business unit to EG Group, a privately-held convenience store retailer based in the United Kingdom, for $2.15 billion. The companies expect to close the transaction during the first quarter of Kroger’s fiscal year. As part of the agreement, EG Group will establish its North American
CINCINNATI — Kroger has opened its 1,000th ClickList store and launched an upgrade of the integrated digital shopping experience for ClickList. “As part of our Restock Kroger plan, we continually invest in redefining our customers’ grocery shopping experiences by bringing online and offline seamlessly together through digital innovation,” says Yael Cosset, the supermarket operator’s chief
CINCINNATI — Kroger reported third quarter sales and earnings that topped analysts expectations, and the company said it was upbeat about its prospects for the holiday season. The supermarket retailer reported a 1.1% increase in same-store sales, excluding fuel, in the quarter. That topped an average analyst forecast of a 0.9% gain, according to Consensus
CINCINNATI — Kroger Co. executive vice president of merchandising Mike Donnelly has assumed responsibility for both operations and merchandising as executive vice president and chief operating officer. The move comes as Fred Morganthall, who has been serving as Kroger’s executive vice president of retail operations, is set to retire, effective November 30. Donnelly will become
CINCINNATI — Kroger Co. is considering a sale of its convenience store business, the company announced at its annual investor conference here. “We want to look at all options to ensure this part of the business is meeting its full potential,” said executive vice president and chief financial officer Mike Schlotman. “Considering the current premium
CINCINNATI — Kroger Co. Central division president Katie Wolfram, a 38-year company veteran, is set to retire from her post effective November 4. Wolfram will be succeeded by Pam Matthews, who has been serving as president of Kroger’s QFC division president. And Suzy Monford, the former chief executive officer of Andronico’s Community Markets, has joined
CINCINNATI — Kroger Co. said Tuesday that Fred Morganthall will retire November 30 as executive vice president of retail operations. Morganthall will be succeeded by Kroger’s executive vice president of merchandising, Mike Donnelly, who on November 1 will assume responsibility for both operations and merchandising as executive vice president and chief operating officer. Donnelly will
PORT WASHINGTON, N.Y. — KISS Products Inc. is expanding retail distribution of its KISS Gold Edition hair appliances and accessories to Walmart and Kroger. KISS said Wednesday that the rollout to the two mass chains builds on KISS Gold Edition’s launch in July exclusively at Amazon.com. The four-product KISS Gold Edition line comes in metallic, matte gold
CINCINNATI — Kroger Co. on Wednesday unveiled its plan to redefine its strategic focus to food products and the grocery experience. Details of the plan, called Restock Kroger, were presented at the company’s annual investor conference. Kroger also reiterated that it is exploring strategic alternatives for its 784 convenience stores across 18 states. It has
CINCINNATI — Kroger Co.’s culinary development team announced on Thursday a new restaurant concept, Kitchen 1883, offering diners a fresh take on comfort food. The restaurant is set to open late next month in Union, Ky., about 16 miles southeast of Cincinnati. The name is a nod to the year Kroger was founded. Kitchen 1883’s