Retailers/Kroger/News

Kroger news

22 June 2022
As the largest supermarket retailer in the US, Kroger’s performance provides a great indication of what’s happening across the wider industry. We look at the retailer’s first quarter performance and the value its generating through its fresh, private label, personalisation and digital strategic initiatives. Inflation expected to be higher than originally anticipated Kroger’s first quarter s...
07 April 2022
Kroger, the second largest grocery retailer in the US, has started a new restaurant delivery service in Texas. Providing operators with flexibility Kroger Restaurant Supply has started operating in the Greater Dallas area. It’s been set-up to provide operators with a range of products at consistent prices, supported by a robust supply chain. They can purchase items by the case or unit. Regi...
24 March 2022
US-based Kroger has formed a strategic collaboration with NVIDIA to develop an AI lab to enable it to reimagine the shopper experience. Three focus areas The new lab and demonstration centre will be developed within Kroger’s Cincinnati HQ. The collaboration will draw on NVIDIA’s capabilities as a leading computer chip company centred on computer graphics, high performance computing and arti...
14 March 2022
Kroger reported strong sales growth of 4% for 2021, driven by online and fresh food. The retailer has also outlined some elements of its future strategy, including building a world class seamless ecosystem and reinforcing its core food business. 2021 results: online and fresh were key drivers Total sales reached US$137.9 bn in 2021, compared to US$132.5 bn in 2020. On a two-year stack basis...
08 February 2022
Ocado Retail sales were up 4.6% in 2021 (52 weeks to 28 th  November) but the Group made a loss before tax of (£176.9)m. Ocado Retail: capacity increases offset a normalising basket Ocado Retail revenue increased by 4.6% to £2.3bn. An increase in customer numbers (up 22.4% to 832,000) and orders (up 11.9% to 357,000) offset a declining, normalising basket size of (5.8)% to £129. Although or...
07 February 2022
Kroger has opened a Customer Fulfillment Centre (CFC) in Groveland, Florida as part of its partnership with Ocado. This enables the retailer to offer a grocery delivery in a state where it does not operate any physical stores. Building out its Florida fulfilment network This is the second CFC to open as part of the partnership with Ocado, with a third site in Atlanta recently starting test ...
27 January 2022
In the live broadcast of Ocado Re:Imagined, Ocado unveiled seven new innovations that will underpin its Ocado Smart Platform (OSP). “Game-changing” technology Ocado needs to improve its product to retain and attract new partners. New deals will enable Ocado to increase investment and improve the proposition, creating a virtuous cycle. Since its launch, Ocado has 10 sites live across the glo...
18 January 2022
The Kroger Co. and Nuro have announced an expanded collaboration to ramp up the use of third-generation autonomous vehicles for grocery deliveries. A partnership that dates back to 2018 Back in 2018,  Kroger and Nuro have launched their first delivery pilot  using all-electric, autonomous vehicles. According to Nuro, its third-generation model has double the cargo volume of its secon...
11 January 2022
Kroger has opened its first ghost kitchen in partnership with Kitchen United Mix at its Ralphs store in the Westwood neighbourhood, Los Angeles. High traffic location The companies announced their partnership last year as part of Kroger’s “anything, anywhere, anytime” commitment. This is a great location for this model, given the strong traffic the store receives from students, office and h...
08 December 2021
Kroger posted stronger than expected quarterly results, with identical stores sales up 3.1%. This was underpinned by the cooking at home trend and the acceleration of online. Cooking at home and health trends drive food sales Kroger’s CEO Rodney McMullen said the retailer continues to benefit from the eat-at-home trend. It’s Home Chef private label food brand became the latest to reach the ...