Kroger news

20 October 2016
We look at the some of the key headlines from the US this week including new ecommerce initiatives, store remodels and new product development. Grocery ecommerce in accelerated roll-out mode This year the US grocery market has moved quickly from testing grocery ecommerce to a broader roll-out program. Although several retailers have had a presence in the channel for many years, including A...
20 September 2016
We’ve been out in Chicago to review urban formats, focusing on the intersection of retail and foodservice, to see how retailers are seeking to meet a broader range of consumers’ food missions. Mariano’s, Benton Place Mariano’s was acquired by Kroger last year as part of its acquisition of Roundy’s, and provided the retailer with an additional concept to support its multi-format strategy. W...
12 September 2016
We review Kroger's Q2 performance and look at the reasons it has fallen short of estimates this quarter. Growth slows in 2016 The retailer saw same store sales grow by 1.7% excluding fuel, impacted by deflation across most departments. Milk, eggs and cheese have seen particularly significant deflation, although unit growth and market share growth are both still positive. Revenue grew by...
02 August 2016
Kroger’s analytics subsidiary, 84.51°, has acquired Market6, a predictive analytics company focused on optimising product movement through driving CPG supplier collaboration. Customer insights underpin Kroger’s successful track record Kroger’s subsidiary, 84.51°, was formed last year when Kroger purchased the remaining fifty percent of its joint venture with dunnhumby/Tesco. The new compan...
21 July 2016
We've been out in California to review three new store formats from Whole Foods Market, Aldi and Target which have launched in the market over recent months. In this first of three features, we provide our perspectives on Aldi Food Market. Aldi Food Market: the California adventure begins With Aldi aiming to have 2,000 stores up and running in the US by 2018, coincidentally when Lidl is s...
16 June 2016
As Kroger achieves its 50th consecutive quarter of identical store sales growth, we review its first quarter performance. Driving growth in a deflationary environment Kroger’s first quarter sales increased by 4.7% to $34.6bn, with identical store sales, ex-fuel, up 2.4.%. This was the 50th consecutive quarter of positive identical sales growth for the retailer, highlighting the remarkable ...
11 May 2016
Following a number of recent mergers and acquisitions, we take a look at why Kroger is developing a range of store formats. Competition driving the need to continually evolve With the retail landscape constantly evolving, Kroger is ensuring that it continues to follow its 'Customer 1st' long-term strategy, which it first launched in 2004. Speaking at the Goldman Sachs Global Staples Forum ...
07 April 2016
Kroger is to collaborate with Colorado based organic specialist, Lucky's Market. In other news, it has announced it will be expanding its discount format, Ruler Foods. Strengthening its organic credentials with Lucky's Following on from a series of acquisitions, Kroger has announced a partnership with Lucky's Market, just months after its last addition, Roundy's in December 2015. Lucky's...
15 March 2016
The Apollo Group has agreed to buy premium focused retailer, The Fresh Market for $1.4bn. The deal comes after months of strategic review There has been much speculation over the buy out of the retailer, with Kroger reported to be one of many interested in the chain. The Fresh Market announced in October 2015 that it was undertaking a review of its strategic options and that this could ...
10 March 2016
We highlight the top five themes, following Kroger's recent FY results announcement. 1. Kroger expects sales growth of 2.5-3.5% in 2016 With lower inflation and the merger with Roundy's, same store sales are forecast at 2.5-3.5% in 2016, compared to 5% in 2015. This modest forecast may have raised concerns with some investors, but is still a strong indication of growth in a difficult mar...