Kroger news

01 July 2019
As part of its plans to develop a flagship store in Cincinnati, Kroger’s new concept will feature a food hall incorporating its own, and external foodservice brands. Downtown store to tap into different meal occasions The 45,000 sq ft store is scheduled to open in September and will be more than twice the size of its existing store in the downtown area. The central element of the store, whi...
20 June 2019
We review Kroger’s first quarter results and the factors driving growth at the world’s second largest food retail business. Identical store sales behind expectations Kroger’s first quarter sales fell by 1.2% to $37.3bn, reflecting the divestment of its convenience business last year. Total sales, excluding fuel and the impact of selling the convenience store business, increased 2.0%. Identi...
21 May 2019
Kroger and Loop, the circular ecommerce platform developed by TerraCycle, have formed an exclusive grocery retail partnership agreement in the US. Designed to reduce reliance on single-use packaging The launch of Loop was announced earlier this year. International recycling company TerraCycle initially partnered with a group of 25 leading consumer product companies including Unilever, Pro...
15 May 2019
Kroger is partnering with Lindsay Goldberg, a private investment firm, to develop a new platform to identify, invest and help grow the next generation of leading consumer brands. Supporting Kroger’s alternative profit streams model The two companies will create a new entity, PearlRock Partners, which will sit within Kroger’s alternative profit streams portfolio. PearlRock will be one of the...
07 May 2019
Kroger has launched a new range of meal solutions through its partnership with Home Chef, the meal kits business it acquired last year. Three new Home Chef branded ranges The new ranges build on the existing Home Chef and Home Chef Express products. They include ready-to-cook meals, heat and eat meals and lunch kits. The development of these three new ranges follows on from the introduction...
17 April 2019
Kroger has gone live with the expansion of its self-driving grocery ecommerce delivery pilot to the Houston market. Partnering with Nuro Kroger is working with self-driving vehicle company, Nuro, for the expansion of this programme, following an earlier test in Scottsdale, Arizona. It currently operates from one store in the Houston market, making deliveries into two zip codes. A further st...
19 March 2019
Kroger will open its second Customer Fulfillment Centre (CFC), as part of its strategic partnership with UK-based Ocado, in Groveland, Lake County, Florida. Entering the market with an ecommerce-only model Kroger announced in February that one of its first three CFCs would be in Florida, with other sites being developed in Ohio and the Mid-Atlantic region. The decision to site one of the CF...
18 March 2019
Kroger has formed an integrated media and measurement relationship with Pinterest which enables advertisers to optimise Kroger's data for targeting on the social platform. Tracking shoppers from inspiration to purchase Through this partnership, advertisers will be able to track shopper behaviour from digital inspiration to purchase, effectively creating a closed-loop measurement system. Kro...
14 March 2019
Kroger is expanding its autonomous grocery delivery service to Houston, following an earlier test in Scottsdale, Arizona. Almost 1,000 deliveries completed as part of pilot program Kroger is working with self-driving vehicle company, Nuro, for the expansion of this programme. It will operate from two Kroger stores in the Houston market, making deliveries into four zip codes. Like Scottsdale...
08 March 2019
We look at Kroger’s further quarter performance and progress against its strategic plan, Restock Kroger. Kroger’s key numbers Kroger’s fourth quarter sales fell by 9.5% to $28.1bn, reflecting a 53-week financial year in 2017 and the sale of its convenience store business. Excluding these impacts and the acquisition of Home chef, sales increased 1.6%. Identical store sales were up 1.9%. For ...