All Kroger articles – Page 2
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AnalysisInternational analysis: Kroger's American adventure in click-and-collect
US supermarket giant Kroger has ramped up its efforts in online grocery with the launch of a click-and-collect trial in Cincinnati.
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AnalysisInternational new analysis: Deconstructing the Kroger rumours du jour
US supermarket group Kroger has gone through the rumour mill about prospective acquisitions, but is there any truth to the speculation?
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AnalysisKroger ups full-year forecast after beating analyst expectations again
US supermarket chain Kroger has posted a 21% earnings rise in its latest quarterly results, beating analyst forecasts for the third quarter in a row.
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AnalysisInternational analysis: Kroger blazes a trail in first quarter
Kroger continues to separate itself from the pack. The US grocer’s 4.6% gain in identical store sales in the first quarter put to shame the 0.1% decline turned in by Walmart US.
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AnalysisInternational analysis: After a strong year Kroger still has a lot to play for
Despite a fourth-quarter slip, US grocer Kroger perfomed well in 2013 and can now focus on growth.
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AnalysisAnalysis: Kroger going strong after a decade of sales growth
In its last quarterly results American food retailer Kroger reached a milestone, achieving 40 consecutive quarters of like-for-like sales increases.
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AnalysisInternational analysis: Kroger plans to accelerate growth with new strategy
On the back of another quarter of solid trading, US supermarket giant Kroger has added colour to its various investment initiatives.
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News
Kroger promotes Lynn Gust to president of Fred Meyer division
Grocer Kroger has promoted Lynn Gust, senior vice-president of operations, to president of Kroger’s Fred Meyer division. Gust started his career with Fred Meyer in 1970 and has served in a variety of leadership roles, including vice-president of the food group and senior vice-president of the store operations group.
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News
Grocer Kroger to test shopper reward app
Grocer Kroger will test an app from software company Earn & Play that rewards shoppers with cash and discounts for playing games during grocery store visits. Customers will be able to open the app when they go shopping and select a particular aisle or product. The app will then ask ...
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News
Grocer Kroger reveals future growth streams
Grocer Kroger has revealed it intends to pursue several future growth streams, including new store expansion – adding stores in both existing markets as well as entering new territories. It also plans to test new formats and enhance its multichannel capabilities. While most growth will be organic, the retailer has ...
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News
Kroger launches fully-automated convenience store
Grocery retailer Kroger has launched a fully-automated convenience store on the campus of Ohio Northern University in Ada. The 9-ft tall unit, provided by Shop24 Global, offers about 200 standard convenience products such as drinks, snacks, refrigerated meals, cleaning supplies and over-the-counter medicines. The machine’s stocking and dispensing system can ...
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News
Kroger tests new checkout system
Grocery retailer Kroger is testing a new type of checkout system called Scan-Bag-Go at a store in Kentucky. It is a handheld wand that shoppers wave at product barcodes as they shop, tallying the total amount at the same time. A smartphone version is also being tested, enabling customers to ...
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News
Kroger to concentrate on existing markets
David Dillon, chief executive of US grocer Kroger, has said the retailer will concentrate its efforts on pushing sales at existing stores, rather than seek to enter new markets or make acquisitions. Speaking at the company’s AGM, Dillon said even though several small chains had been snapped up in recent ...
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News
Kroger reports 11% sales increase
Supermarket chain Kroger reported an 11% increase in sales (including fuel) to $27.5bn (£17bn) for its first quarter ended May 21. Excluding fuel, sales increased by 4.8% over the same period last year. A 4.6% increase in like-for-like sales together with cost savings boosted net profit 15.6% to $432.3m (£267.4m). ...
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News
Kroger sales up 7.1% to £50.5bn
Grocer Kroger reported that sales for the full year increased 7.1% to $82.2bn (£50.5bn). Excluding fuel, total sales increased 3.4% while like-for-like sales were up 2.8%. Net income amounted to $1.12bn (£688m), compared with the $70m (£43m) reported in fiscal 2009. Operating profit totalled 2.65% of sales during the fiscal ...
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News
Kroger ramps up promotions through MyWebGrocer
Kroger has started to provide shoppers at all its banners with information about promotions and products through MyWebGrocer. With the online tool, consumers can also personalise shopping lists and receive recipes through a computer or smartphone. Tengelmann A&P, Winn-Dixie, Delhaize Food Lion and Shop Rite are also participating in MyWebGrocer.
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News
Kroger sales rise 5.9%
Food chain Kroger has announced that total sales, including fuel, for the third quarter rose 5.9% to $18.7bn (£11.9bn). Net income totalled $202.2m (£128.5m), compared with a net loss of $874.9m (£555.9m) reported in the same period last year. The retailer said that all departments experienced positive like-for-like growth during ...
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News
Kroger’s profits decline
Grocery retailer Kroger’s net profit declined 14.1% to $373.7m (£251.6m) in the first quarter to May 22. Total sales, including fuel, rose 8.7% to $24.8bn (£16.7bn), while sales excluding fuel increased 3.1%. Like-for-like supermarket sales, without fuel, were up 2.4%. Kroger’s chairman and chief executive David Dillon said: “The total ...
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