Kroger news

21 June 2013
US-based Kroger has announced first quarter results showing the retailer enjoyed identical supermarket sales growth, without fuel, of 3.3%, while total sales rose by 3.4% to US$30.0 billion. Sales growth demonstrates ‘progress… of long-term growth strategy’ Discussing the results, Kroger’s management team said its existing growth strategy underpinned its continuing sales strength. By focusi...
07 March 2013
Kroger’s fourth quarter sales increased by 12.8% to $24.2bn, or by 3.7% on an adjusted basis accounting for an extra trading week in 2012. Identical store sales (ex-fuel) increased by 3.0%. For the full year, total sales increased by 7.1% to $696.8bn, or 4.9% on an adjusted sales basis. Identical store sales increased by 3.5%. Solid performance but consumer confidence remains fragile Kr...
31 January 2013
With the 47th Superbowl taking place next Sunday, February 3rd, the major US grocery retailers are focusing this week on maximising the trading opportunities. As the largest sporting event in the US, and one of the largest globally, what are the key focus areas for the retailers? Game themed flyers used almost universally With weekly flyers a key promotional tool for retailers in the US , m...