Kroger news

18 June 2017
Following the announcement of its Q1 sales for 2017, Kroger has announced its full year earnings will be around 9% lower than forecast, as it plans to increase its investment in pricing and service. Q1 performance impacted by deflation Same store sales fell by 0.2%, however this was partly due to continuing deflation in the market. Overall sales for the quarter increased by 4.9% including f...
17 May 2017
We round up some of the latest developments at Kroger and its areas of focus for 2017. Online and digital accelerating Kroger has been accelerating developments in this area. Its acquisitions of Harris Teeter, among others, has helped it to develop its capabilities and it has been rolling out its online pickup service, ClickList, rapidly. There are now more than 640 locations and this to co...
09 May 2017
We round up the latest developments from Peapod, as the online service partners with Wyndham Hotels and introduces Mexican-inspired meal kits. Wyndham Hotels partners with Peapod & Instacart… Wyndham Hotels is introducing a new service, providing its guest with access to online grocery orders, in partnership with Peapod and Instacart. This forms part of Wyndham’s  Homemade @ Hawthorn ser...
19 April 2017
As part of its new 'Sustainability Lives Here' campaign, Kroger is offering customers digital coupons targeted towards sustainable products. New website to support the program and broader sustainability initiatives The digital coupons are being made available at a new website to support the program, SustainabilityLivesHere.com. They are targeted towards certified products such as Fair Trade...
07 March 2017
With several major retailers recently reporting quarterly results recently, including Walmart, Kroger and Costco, we look at the five key themes shaping their performances.  1. Deflation making its impact on growth rates Growth rates across the grocery retail market have slowed significantly over the last year. While the factors behind this are often complex and relative to each individual ...
03 March 2017
Despite the operating environment being more challenging than expected, Kroger achieved sales of $115.3bn for 2016, up 5% on 2015 or 1% on a like-for-like basis. Underwhelming Q4 performance The deflationary conditions have driven lower than expected Q4 sales for the retailer, with same store sales dropping for the first time in 52 quarters, by 0.7% (excl fuel). However, overall sales...
10 January 2017
We highlight the key trends and  top retail-relevant innovations we spotted at the world’s leading consumer electronics show. While a broad range of technologies are covered as part of the event, many of them have direct relevance for the food and grocery industry including the connected home, robotics, augmented and virtual reality, health and wellness trackers and automated transportation. F...
04 January 2017
Following its acquisition of Roundy's a year ago, Kroger will spend over US$50m in 2017 on remodelling the Pick 'n Save stores and expanding the Metro Market concept. Consolidation of the Roundy's brands Kroger has already started work integrating the Roundy's brands into its portfolio, remodelling some stores, as well as introducing some pricing and product changes. In 2016, the retailer...
02 January 2017
The International Consumer Electronics Show (CES) is the premier event for businesses focused on consumer technologies. With exhibitors ranging from some of the world’s leading companies in this space to innovative start-ups, a broad range of technologies will be on show, with many products unveiled for the first time. With this event becoming a key part of the retailing calendar, and an impor...
13 December 2016
Lidl is gearing up for its US launch with recruitment events for store managers and supervisors. First stores on track to open in 2017 Lidl is expected to open its first stores in the US towards the end of 2017, having initially announced plans to enter the market last year. Since then the retailer has focused on developing the infrastructure to support its business, including its corporate...