Kroger news

Our global analysts share some of the latest headlines across the globe. Here's what you need to know. Europe: Salling Group have ended its Basalt format, after trailing the hard discount concept the retailer has decided to not continue  In the Netherlands, Albert Heijn’s home delivery and store supply services in the centre of Rotterdam are powered by 100% electric energy. W...

Kroger is partnering with Cooler Screens to bring its smart screens into 500 stores across the US. This follows a successful three-year pilot that aimed to improve in-store consumer experiences with dynamic, interactive media, and digital merchandising. Dynamic digital displays Cooler Screens has transformed doors on chilled units in stores into digital IoT smart screens, enabling the deliv...

We look at how Kroger is planning to rollout a fleet of driverless trucks in partnership with autonomous middle mile logistics supplier Gatik. Transport of customer orders Kroger and Gatik have announced a multi-year partnership to transport customers orders within Kroger’s distribution network in Dallas, Texas. Gatik’s autonomous box trucks will be used to transport products from a Kroger ...

Kroger released its results for Q4 and the full 2022 financial year. We review the retailer’s results, including progress on its leading with fresh and accelerating with digital strategies. Q4 results and full year performance Key indicators and insights from Kroger FY 2020 results: Total sales in Q4 increased 5.9% to $34.8 bn Identical sales (ex-fuel) increased 6.2% in Q4 Total...

Following a strong third quarter performance, USA-based Kroger has lifted its outlook for the full year. We look at what’s underpinning its confidence. Q3 key numbers Total sales increased 7.3% to $34,198m Identical sales (ex-fuel) increased 6.9% Digital sales increased 10% Operating profit fell 3.1% to $841m Bringing its experience to bear These results highlight how gr...

Kroger’s merger with Albertsons, if approved by the FTC (Federal Trade Commission), will create a retailer with sales of around $200 bn, operating 5,000 stores (excluding divestments). With very few truly national grocery retailers in the US, we consider what this deal could mean for some of its biggest suppliers. Solidifies position among America’s leading retailers As the two largest superm...

Kroger and Albertsons, the two biggest supermarket operators in the USA, have entered into a definite agreement to merge in a $25 bn deal. This could be a transformational deal for the businesses and the wider industry. We look at why this is taking place and the potential impacts. Why is this deal being proposed? Earlier this year, Albertsons announced that it was undertaking a Board-led rev...

The current cost-crisis, along with labour challenges, is leading to a new wave of automation at store level. We look at three recent innovations from Japan, Poland and the US. Replenishment: tackling Japan’s labour challenge In Japan, leading convenience store chain, FamilyMart, is partnering with Telexistence to install its AI robot, TX SCARA, in 300 stores. This has been developed ...

We look at how Kroger is using Everseen’s Visual AI platform to reduce customer friction and losses at self-checkouts. Reducing checkout errors Everseen’s platform is one of the most advanced in our industry, leveraging AI technologies from powerhouses including Lenovo and NVIDIA. It is being used by Kroger at over 1,700 stores to improve the shopper experience at self-checkouts, where erro...

US-based Kroger delivered a strong second quarter performance, driven by its focus on emphasising value, enhancing its fresh food offer and accelerating its digital initiatives. We look at some of the key programmes which supported this. Kroger’s key numbers Total sales increased 9.3% to $34,638m. Excluding fuel, sales increased 5.2% Identical store sales increased 5.8% Private lab...