Kroger news

Kroger and Albertsons announced they have entered into a definitive agreement with wholesale company C&S Wholesale Grocers, LLC for the sale of 413 stores, which should help to drive forward the completion of their planned merger. In addition to stores this will also include the sale of banners, eight distribution centres (DC’s), two regional offices and five private label brands “We are very...

Kroger’s Q2 results were driven by strong digital sales growth, the performance of its own brands and increased profit generated through alternative revenue streams. Here we explore those results in closer detail. Q2 key numbers Total sales decreased by 2.2% (year-on-year) to $33,853m Identical (ID) sales (ex-fuel) increased 1% Digital sales increased 12% Solid digital perform...

US retailer Kroger is looking to develop the next generation of retail media by bringing its advertising technology in-house. Building an in-house advertising platform is expected to streamline its retail media buying process and will enable it to offer its branded partners a ‘more unified marketing strategy’ across both on and off-site media channels.   Developing a new platform Kroger lau...

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...