Kroger Reports 12.7% 1Q Profit Rise
Among the key causes: recession-hit families seeking out more food bargains and eating at home. The New York Times June 23, 2009
Among the key causes: recession-hit families seeking out more food bargains and eating at home. The New York Times June 23, 2009
Heeding the conventional wisdom that bigger is always better in Texas, Kroger will break into the market with its most up-to-date (and largest at 123,000-square-feet) store at Grand Parkway and Mason Road in Richmond. The store is scheduled to open in October. The Gourmet Retailer May 21, 2009
Loyalty card shoppers at all Kroger banners who present their economic stimulus or tax refund checks from the U.S. Treasury at store customer service desks from May 2 until July 31 will receive a Kroger gift card with a 10% bonus added to the amount of the checks. The gift cards will be offered [...]
An unconfirmed report in the Atlanta Business Journal says that Kroger will convert one of its existing Atlanta area stores (at Peachtree and Piedmont roads in the Buckhead area) into a Fresh Fare by Kroger store. The new Kroger concept combines gourmet, prepared items with organic and natural foods. Other Fresh Fare by Kroger stores have opened in California, Michigan [...]
Kroger announced today that the United Food & Commercial Workers Union Local 1529 in Memphis ratified a new, 4-year contract with the chain. The agreement covers some 7,500 workers at 72 Kroger locations in the Memphis area and parts of other states. Dow Jones Newswires (Mar. 3, 2008) Paid subscription may be required.
Kroger Co. announced plans on Friday to establish a television network, called KTV, as a way to connect employees in its 154-store, central division. A full schedule of programming will originate from a new studio in the central region’s Indianapolis offices or from Kroger headquarters in Cincinnati. Employee training and development will be the network’s chief [...]
TV Guide is partnering with Kellogg Co. to promote both the weekly magazine and the food manufacturer’s Cheez-It Crackers on a shared, in-store promotion in 2,500 Kroger stores nationwide. Both products will be placed on custom displays in the shape of stock car, as a tie-in with Cheez-Its NASCAR sponsorship. The magazine will [...]
Come the middle of February, the four Kroger-division Dillon stores will be sold to the Associated Wholesale Grocers (AWG), who in turn will re-sell them to independent operators in the local market. The locations are food-and-drug combination stores in Olathe and Shawnee, KS, and Pleasant Hill, MO. Supermarket News (Jan. 30, 2008)
At the National Retail’s Federation’s 97th annual convention at the Javits Center in NYC this week, various new shopper technologies are on display. They are meant to: speed trips through the store, subject customers to just-in-time ad messages (say for deli cheese, once they’ve dropped sliced turkey into their carts) and increase sales per trip, [...]
The Kroger Company is testing a mobile technology platform that will allow customers to make payments with cell phones linked to their bank accounts. The test is occuring, first, at two stores near the University of Cincinnati, and will expand to include a King Soopers store in Boulder, Colorado, in February. If the test goes well, [...]