Retailers/Kroger/News

Kroger news

23 January 2020
Following an earlier announcement that it would open a Customer Fulfillment Centre (CFC) in partnership with Ocado in the mid-Atlantic region, Kroger has confirmed that it will be developed in Frederick, Maryland. Six sites announced to date Opening in this location will enable Kroger to target the populous northeast region, including Washington D.C., Baltimore and Philadelphia, with its gr...
22 January 2020
US-based, natural and organic specialist, Lucky's Market, is reported to be closing 32 of its 39 stores. Difficult conditions The retailer, which was founded in 2003, had grown to 17 stores by 2016 when Kroger invested in the business. By 2019, it had expanded to 39 stores, however at the end of 2019, Kroger announced it would be divesting its stake in the grocer, as it focused in on its co...
11 December 2019
Building on their existing collaboration, Kroger and Walgreens will join forces to source a number of products together, through a joint venture called Retail Procurement Alliance. Aim to deliver cost savings and increase efficiencies  By identifying any overlap in the products they both merchandise, the new group purchasing organisation (GPO) aims to increase purchasing efficiencies as the...
06 December 2019
As Kroger reports Q3 sales growth, the effects of its Restock Kroger plan are starting to shine through. A successful framework Now in the second year of its three year plan, Restock Kroger has helped to reposition the business for today and for the future. Same store sales (excl fuel) were up 2.5% this quarter, the strongest growth since the start of the Restock Kroger plan, however gross ...
02 December 2019
Kroger is partnering with ClusterTruck to offer a meal delivery service, Kroger Delivery Kitchen. 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, Columbus, Denver, and Kansas City. The kitchens offer multiple cuisines, with products ...
05 November 2019
We highlight five themes that have emerged from Kroger's annual investor day. Steady progress made with Restock Kroger Kroger's strategic plan, Restock Kroger is nearing the end of its second year of the three year plan. The retailer remains committed to the plan and the results so far have been mostly in line with its forecast. Kroger has reconfirmed its 2019 guidance of 2-2.5% same store ...
31 October 2019
Kroger has launched a parcel delivery test program, in partnership with FedEx, UPS and USPS. What will the service offer? The program will be called Kroger Package Services (KPS) and will enable customers to have parcels delivered to store, which they can then pick up at their convenience. It will include packages that require a signature, saving customers the hassle of having to wait in fo...
02 October 2019
We highlight the must-see stores from the leading US food retailers, including several recently opened locations, and the reasons why such developments are important. Switching investments towards remodels Over the last few years, we have seen a renewed focus on store development, with most retailers switching more of their capex towards remodels. For the majority, the emphasis has been p...
26 September 2019
Kroger has opened a 52,000 sq. ft store in downtown Cincinnati, which features a 7,000 sq. ft dedicated food hall on the second floor, seating up to 200. Source: Kroger Culinary hub The food hall is named On the Rhine Eatery and features several third-party restaurants, as well as Kroger's own restaurant concept, 1883. This is the second 1883 location and it includes a large outdoor...
13 September 2019
Halfway through its Restock Kroger plan, we review Kroger's second quarter results and the latest initiatives to drive growth. Restock Kroger making progress Kroger's strategic three year plan to reposition and strengthen the core business continues to make progress in its second year of execution. This quarter has seen the highest same store sales growth since its launch in 2018, with a 2....