Kroger news

19 November 2018
We look at the strategies of some of the major US retailers, for who Black Friday is a major event and a kick-off to the critical holiday season. Sales impact spread across five-day weekend Although Black Friday is the traditional key shopping day in the US, with many retailers opening their doors a day earlier on Thanksgiving Day and launching pre-Black Friday deals, this has become a mult...
05 November 2018
We look at how Kroger is developing a new approach to profit growth and transforming its income streams as part of its ‘Restock Kroger’ strategic plan. Aiming to redefine the grocery shopping experience Launched at the start of the current financial year, the central element of Restock Kroger is focused on redefining the grocery experience. While ecommerce is a key part of this, the retaile...
29 October 2018
Speaking at the Groceryshop retail conference in Las Vegas, Kroger’s Chief digital officer, Yael Cosset, outlined how its ecommerce customers spend more in-store. Expansion of services drives sales towards $5bn Ecommerce has been a major focus for Kroger over the last year, developing its partnerships with Instacart and Ocado to accelerate progress in the channel. The retailer has also been...
27 October 2018
With the acquisition of Chicago-based Mariano’s in 2015, and the development of the now-closed Main & Vine concept store, Kroger has significantly enhanced its prepared foods and food-to-go capabilities. We recently visited one of its Cincinnati area stores to see how it's driving its offer forward. Branded partnerships In addition to its in-house developed hot food brands, Kroger is testin...
10 October 2018
Following the acquisition of the meal kit company, Home Chef, earlier this year, a new range of meal kits is being launched into selected Kroger stores. Acquisition accelerated progress Kroger acquired Home Chef in a $200m deal earlier this year. The meal kit company grew sales 150% to $250m last year as the concept grew in popularity. Although Kroger had developed its own range of kits, Pr...
03 October 2018
Florida-based Sedano's Supermarkets is partnering with Takeoff Technologies to launch an automated, hyperlocal fulfilment centre for grocery ecommerce. Aiming to reduce cost and time to fulfil ecommerce orders Sedano's Supermarkets is one of the largest Hispanic grocers in the US, operating 23 stores in the Miami area. Takeoff’s automated solution uses robots enabled with artificial intelli...
02 October 2018
Kroger and Walgreens are partnering on a new store pilot where customers will be able to shop for products and services from both retailers. Walgreens stores to operate as pickup points for Kroger ecommerce orders The companies have selected 13 Walgreens locations in Northern Kentucky where customers will be able to collect their Kroger online grocery orders and purchase Kroger’s private br...
24 September 2018
Kroger’s Food 4 Less banner has launched a new digital collectables promotion using blockchain technology. Blockchain protected loyalty and rewards platform Food 4 Less has partnered with Greenfence Consumer to deliver a gamified experience and exclusive collectible content, leveraging Blockchain technology. Greenfence Consumer focuses on building blockchain protected mobile loyalty and rew...
18 September 2018
Kroger has started the roll-out of its new clothing range, Dip, to 300 larger format stores. Available through Kroger’s hypermarkets The new range will initially be available through its Fred Meyer and Marketplace hypermarket formats. The concept aims to provide shoppers with a convenient and easy-to-shop range, which fits into their busy lifestyles. The Dip range includes clothes for men, ...
17 September 2018
We review Kroger’s second quarter performance and progress against its four-point strategic plan, Restock Kroger. Stronger sales performance expected in H2 Kroger’s second quarter sales increased by 1.0% to $27.9bn. Excluding fuel, the divestment of its convenience business and the acquisition of Home Chef, sales increased by 1.8%. Identical store sales, excluding fuel, were up 1.6%. Net ea...