Kroger is making changes in its stores, effective immediately, to help shoppers get the basics they need and prevent the spread of coronavirus. The company invited WCPO’s cameras into its Downtown Cincinnati store on Wednesday to show us the changes it is making throughout the chain. Spokeswoman Erin Rolfes said [...]
Volatile is an apt description of the Kroger Co.’s financial performance during fiscal 2019. Costs pressured earnings earlier in the year, but the retailer managed to improve its performance in the fourth quarter. Fourth-quarter net income for the period ended Feb. 2 rose to $327 million, equal to 40¢ per [...]
The Kroger Co.’s Delta division and United Food and Commercial Workers Union (UFCW) Local 1529, based in Cordova, Tenn., have come to new labor agreement, according to a published report. The agreement covers more than 9,000 workers in west Tennessee, Mississippi, and northwest Arkansas, the Memphis Business Journal reported, adding that [...]
Kroger has divested its stake in Lucky’s Market after three years, the Cincinnati-based grocer announced Wednesday. The move incurred a non-cash impairment charge of $238 million in the third quarter, with Kroger responsible for $131 million of that charge. CEO Rodney McMullen said the decision followed a review of the [...]
Amazon tops other U.S. online retailers on price by an average of 20% across 16 key product categories, but in grocery it’s Kroger — not Walmart — that stands as the No. 2 price competitor, a study by Profitero finds. The e-commerce analytics firm’s “Price Wars: A Study of Price [...]
Early in 2019, Kroger’s was listed by a top retail research firm as the fourth-largest grocer in the world. Yet, the year that began with such a proud status, has seen the brand endure a difficult period in the US. The company announced plans to lay off hundreds of employees [...]
Kroger announced a new plan to standardize date labels for its private label food products aimed at providing consumers with easier-to-understand information about quality and safety, according to a press release. Earlier this year, Kroger began transitioning its food products to one of two date labels. "Use By" indicates the [...]
With labor negotiations making little headway, United Food and Commercial Workers (UFCW) are now reaching out to Ralphs Grocery Co. customers in Southern California. UFCW today said thousands of Ralphs grocery workers it represents have launched a campaign offering customers at 196 Ralphs supermarkets in the region a six-hour notice [...]
Walmart and Amazon are major presences in the world of American retail. Both are places where you seem to be able to get pretty much anything, so it came as no surprise to learn that they were first and second, respectively, in Kantar Consulting's ranking of the top 50 U.S. [...]
Kroger Co., the giant but aging supermarket chain, has unleashed a flurry of initiatives to ensure it won’t get thumped in a post-Amazon-buying-Whole-Foods world: It is revamping locations, bought a meal-kit company, and sold off its convenience-store business. Its biggest gamble, though, is a partnership with British online grocer Ocado Group [...]