Kroger news

25 November 2020
Building on their existing strategic relationship, Kroger and Ocado are expanding their collaboration to include in-store fulfillment. Improving channel economics The extension of the partnership will see Kroger optimise Ocado’s in-store fulfillment solution. This includes proprietary software that supports associates in assembling orders, making it easier and more efficient to find product...
28 October 2020
We review Kroger’s update for investors and review the underlying strengths of the business. 1. Competitive strengths have become more relevant during the pandemic With Kroger sharing that nearly three out of four customers are eating meals prepared at home, multiple times a day, Kroger’s competitive strengths have become more relevant during the pandemic. These include its focus on fresh a...
13 October 2020
Kroger has launched the first generation of Chefbot, its AI-powered Twitter recipe tool which provides customers with mealtime inspiration and personalised recommendations. Helping to provide meal inspiration and reduce food waste Chefbot has been developed in partnership with integrated creative and media agency 360i, and technology partners Coffee Labs and Clarifai. Chefbot is an innovati...
12 October 2020
US-based Kroger has launched two ‘ghost’ kitchens at stores in Indianapolis and Columbus in partnership with ClusterTruck, a technology start-up that operates delivery-only restaurants. Tech-driven solution to meal delivery ClusterTruck is a software platform that powers profitable, vertically integrated delivery-only kitchens. Founded in 2015, the company operates kitchens in Indianapolis,...
29 September 2020
Following an announcement earlier this summer, Kroger and Ocado have confirmed Romulus, MI as the location for a Customer Fulfillment Centre (CFC). Supporting customers in Michigan, Northern Ohio, and Indiana In June, Kroger announced that it would open new facilities in the Great Lakes, Pacific Northwest and West regions as part of its strategic partnership with Ocado. Confirming Romulus a...
23 September 2020
Kroger is partnering with Inclusion Companies and Grammy-Nominated Artist Jewel to launch a new “Wellness Experience” platform. Shining a light on mindfulness and mental health The new platform will launch on October 10, coinciding with World Mental Health Day. To support the launch Kroger and Jewel will host a summit and conference, featuring artists, business leaders, and mental health ex...
21 September 2020
Kroger is partnering with Everseen, a leading AI-based vision technology firm, to monitor checkout and self-scan areas in-store. Identifying unusual scanning movements Located in Cork, Ireland, Everseen’s system helps retailers monitor customer behaviour, helping to identify missed items or products which may have been scanned incorrectly. Overhead cameras help to compare customer baskets w...
11 September 2020
We review Kroger’s second quarter performance and its outlook for the year. Q2 key numbers Sales up 8.2% to $30.5bn, with growth up 13.9% excluding fuel Identical store sales increased 14.6% Digital sales up 127% Operating profit up 46.7% to $820m Changing shopper behaviours The impact of the pandemic continues to underpin growth at Kroger. Its position as a valued and t...
24 August 2020
Over the last few weeks, the five major food and grocery retailers in the US have reported their quarterly results. We take a look at what they tell us about the sector more broadly and what suppliers need to do to support their retail customers. The top five Walmart, Kroger, Target, Albertsons and Ahold and Delhaize are a diverse group of retailers. Walmart and Target have extensive non-fo...
17 August 2020
We look at some of the latest initiatives from the major US grocery retailers, Walmart, Kroger and Albertsons.  Walmart is partnering with Instacart for on-demand deliveries Walmart has partnered with the leading on-demand, crowd-sourced delivery company, Instacart, to offer online grocery deliveries in Los Angeles, San Francisco, San Diego, and Tulsa, Oklahoma. Instacart joins a roster of ...