CINCINNATI — Kroger Co. is rolling out a new merchandising vehicle to highlight its highly successful private brands, chairman and chief executive officer Rodney McMullen revealed at the grocer’s recent annual meeting here. The concept, dubbed Treasure EmporiYum, will present a curated collection of trend-inspired private label (which Kroger terms Our Brands) items in almost
CINCINNATI — Kroger Co. reported Thursday an operating profit of $901 million in its first quarter. Identical sales, excluding fuel, increased 1.5%, down from 1.9% in the fourth quarter and 1.8% in the year-ago quarter. Digital sales in the quarter ended May 25 increased 42% from a year earlier. Kroger’s digital sales in the preceding
CINCINNATI — Kroger Co. and Ocado said Tuesday that their next two customer fulfillment centers will be located in central Florida and in the Mid-Atlantic region. “Kroger is excited to partner with Ocado — one of the most innovative, advanced companies in the world — to redefine the grocery shopping experience for customers along the
CINCINNATI — Kroger Co. chairman and chief executive officer Rodney McMullen provided his outlook on the future of retail at the NRF 2019: Retail’s Big Show in New York City during a keynote presentation called “Restocking the future: Kroger’s insatiable appetite to play and win the long game.” CNBC “Squawk on the Street” and “Closing Bell” anchor Sara Eisen moderated the 30-minute
CINCINNATI — Kroger Co. has chosen a suburb of its hometown as the site for its first automated customer fulfillment center (CFC). The facility, which is planned for the Cincinnati suburb of Monroe, Ohio, will be the first of 20 that Kroger and partner Ocado plan to build to support the retailer’s online grocery business. “Kroger
CINCINNATI — Kroger Co. said Thursday that it will phase out single-use plastic bags and transition to reusable bags by 2025. The move will take effect at all of the retailer’s supermarket divisions, beginning with Seattle-based QFC, which is expected to complete the transition away from single-use plastic bags next year. “As part of our
CINCINNATI — The Kroger Co. announced it has been named to Fortune magazine’s Change the World 2018 list, debuting in the sixth spot. The company was recognized for its bold social impact plan Zero Hunger | Zero Waste, which aims to end hunger in the communities Kroger calls home and eliminate waste across the company by 2025.
CINCINNATI — Kroger Co. posted a $2 billion profit in its first quarter, largely on a windfall from the sale of its convenience stores. On the operations side of the business, online sales jumped 66% as overall sales rose 3.4% to $37.5 billion. Comparable-store sales increased 1.4% in the period ended May 26. Kroger raised
CINCINNATI — Kroger Co. has announced an effort to end hunger in the chain’s markets and eliminate waste across the company by 2025. Some 42 million Americans struggle with hunger. At the same time, an estimated 72 billion pounds of food ends up in a landfill every year. “More than 40% of the food produced
CINCINNATI — Kroger Co. announced last month a one-time Voluntary Retirement Offering for certain non-store associates. Eligibility for the offering will generally include administrative associates who meet certain criteria related to age and years of service as of December 1, 2016. The offer does not include store and district associates, senior officers, and supermarket division
CINCINNATI — Kroger Co. announced the appointment of Yael Cosset as chief digital officer, effective January 27, the date of the retirement of Kevin Dougherty, 63, who now holds the job. The 43-year-old Cosset is chief commercial officer and chief information officer of 84.51°, Kroger’s consumer insights subsidiary. The name is a reference to the
CINCINNATI — Kroger Co. announced it is offering a voluntary retirement option for up to 2,000 non-store associates in a cost-cutting move. “Kroger would not be the successful company it is today without the incredible efforts of all of our associates. We believe a generous voluntary retirement offering is in line with our company values