Kroger news

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 ...

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...

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...

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...

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...

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...

Kroger has appointed Yael Cosset as its new chief digital officer. Experience from 84.51 º Yael Cosset, who is currently the chief commercial officer and chief information officer of 84.51 º, Kroger's customer insights analytics company, will replace Kevin Dougherty who is retiring. The replacement will be effective from the 28th of January, 2017. Yael originally joined dunnhunby in 20...

Kroger's Q3 sales are up 5.9% to US$26.6bn, compared to US$25.1bn last year. Deflation creating a tough trading environment Total sales excluding fuel were up 7.1% in the quarter, with total sales excluding fuel and Roundy's up 1.6%. Due in part to the continuing deflationary environment, same store sales grew by just 0.1% during the quarter. Deflation during the quarter increased to 1.5...

We visited Eataly’s second location in New York at Westfield World Trade Center (WTC) in the heart of the city’s financial district, to see how the retailer is evolving its unique global retail concept. Developing its North American network This new location has opened as part of the redevelopment of the World Trade Center in New York, which also includes the landmark Freedom Tower. The Wes...

We review the latest news from Target, Safeway and Kroger and what it means for their suppliers. Target: Progress made but reinvention taking longer than initially planned Target’s Anne Dament is leaving the business this month. She originally joined the retailer last year to lead the reinvention of its food offer. While the retailer has made significant progress in this area, as demonstr...