Kroger news

05 November 2015
As Whole Foods Market reports challenging fourth quarter and full year results, we review how it plans to deliver an improved performance going forward. Challenging results but leadership remains optimistic Whole Foods Market has reported a challenging set of quarterly results, with sales and profits under pressure. While some of the factors driving this performance are self-inflicted, inc...
05 November 2015
At its investors meeting last month, Kroger provided an update on its strategic priorities as it aims to deliver consistent supermarket sales growth of 4-5% (ex-fuel).  These are focused on: Providing friendly service and outstanding fresh departments Improving productivity and efficiencies Inspiring shoppers with meal ideas and solutions Developing its store ...
20 October 2015
As The Fresh Market becomes the latest grocery retailer to explore strategic options, we look at what’s driving an unprecedented level of change in the US grocery sector. Strategic and financial review underway at The Fresh Market The Fresh Market joins a long list of retailers in the US which could disappear from the retail landscape altogether, or at least, emerge in a very different for...
19 October 2015
We bring you the latest news from Texas-based grocery retailer, HEB. Promoting world foods HEB recently launched 'Ciao Italia,' a two week Italian food celebration, introducing more than 3,000 Italian specialty foods into its stores. HEB also featured some of the products in meal deals and live cooking demos as part of the celebration. This links to the growing trend for experimentation we ...
14 September 2015
As Kroger enjoys continued strong growth in Q2, we look at the contributing factors for this success. 47th consecutive quarter of identical supermarket sales growth Kroger's Q2 sales were up 0.9%, to US$25.5bn, with identical store sales (ex-fuel) up 5.3%. Net earnings increased by 24.8% to US$433m, up from US$347m in the same period last year, demonstrating its ability to grow both sales a...
24 August 2015
We look at how the US retailer is responding to customer needs with new online initiatives. Click & collect gaining traction Kroger first trialed online grocery ordering and pick up in 2014, with a service based on the same model as Harris Teeter, who it acquired in January of the same year. Kroger plans to expand the offer to 60 stores this year, from its current base of two, with an antic...
18 June 2015
As Kroger delivers an outstanding first quarter, we review how technology has played an important role in driving its growth. Leading the pack Kroger’s first quarter sales growth of 6.4% and identical store sales of 5.7% places it firmly in the leading pack of grocery retailers in North America. And it’s not just sales that it’s growing, net earnings attributable to Costco increased 23.6% ...
28 April 2015
Dunnhumby has opened the way for it to work with other North American retailers and CPG companies following a restructuring of its relationship with Kroger in the US. Dunnhumby divestment more likely This new agreement has made it more likely that Dunnhumby will be divested by Tesco. Earlier this year the retailer appointed Goldman Sachs to explore strategic options for Dunnhumby includin...
05 March 2015
As Kroger reports another outstanding quarter, we review what’s behind its on-going success. Sales break through $100bn barrier Kroger’s fourth quarter sales (ex-fuel) increased by 14.2%, reflecting the acquisition of Harris Teeter, with identical store sales (ex-fuel) up 6.0%. For the full year, the retailer’s sales increased by 10.3% to $108.5bn. Net earnings increased by 13.8% to $1.7...
10 February 2015
As Ahold and Walmart further extend the reach of grocery ecommerce in the US, we review the prospects for the channel this year. Retailers extending the reach of their services Through its Giant-Carlisle and Peapod subsidiaries, Ahold has recently extended its grocery ecommerce service to the Harrisburg and York markets in Pennsylvania. This includes both home delivery and store pick-up,...