Kroger news

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....
11 September 2019
Kroger will launch its own range of meatless and plant based products under its Simple Truth private label brand. It is also partnering with the Plant Based Foods Association (PBFA) to determine the impact to plant-based products, conventional meat sales and customer engagement through locating plant-based products in the meat aisle. Increasing demand from consumers Across North America, th...
29 August 2019
As Kroger and Ocado announce Dallas as the fifth location for a Customer Fulfillment Centre (CFC), we consider where the retailer may go next. Suite of fulfillment options Last year, Kroger formed a strategic partnership with Ocado to develop up to 20 CFCs. These will support the growth of its grocery ecommerce business which currently includes store pickup, same-day delivery in partnership w...
28 August 2019
Following an open call earlier this year, Kroger’s Zero Hunger | Zero Waste Foundation has selected seven companies to participate in its programme aimed at reducing and preventing food waste. $1m food waste fund for first cohort Kroger received over 400 applicants to the programme, with grants ranging from $25,000 to $250,000 available from a $1m fund designated for the first cohort. The p...
19 August 2019
Following the launch of a pilot programme, Kroger Express, last October, Kroger and Walgreens are expanding their strategic partnership. In a major development, this will include offering some of Walgreens’ health and beauty ranges at Kroger’s stores. Is marriage the next step in the relationship? Multi-faceted trading retail partnership Last year, Kroger and Walgreens launched a new stor...
16 August 2019
We look at how Kroger is using one of the fastest-growing social media apps to reach younger shoppers with its back-to-school promotion. Reaching Gen Z TikTok has emerged as one of the fastest growing apps in the US, with a new platform launched last year following the merger with musical.ly. As the international version of the Chinese short-form video app, Douyin, it’s similar to Snapchat ...