Kroger

Articles on Kroger.

  1. Department: HBC

Kroger is selling its specialty pharmacy business

CINCINNATI—Kroger Co. has entered into a definitive agreement to sell its specialty pharmacy business to CarelonRx, a subsidiary of Elevance Health. “Kroger Specialty Pharmacy has been part of our company since 2012, and we want to thank our management team and associates for their enduring commitment to their patients,” Kroger Health president Colleen Lindholz said. […]
< 1 min read
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  1. Channel: Grocery

Kroger, Albertsons Fire Back At FTC

Kroger and Albertsons have argued in separate legal filings that the federal Trade Commission (FTC) is misguided and flat-out wrong in opposing their $24.6 billion merger. Both retailers contend that the FTC, in suggesting that the deal would give the combined companies an unfair competitive advantage, ignores the fact that they would also be competing […]
2 min read
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  1. Merchandising

Speak the CFO’s Language To Grow Digital Shelf Investments DSI

“A lot of business cases, they depend on internal efficiency gains. But if you don’t measure this … then it will never lead to project success or success on the digital shelf … Have a measuring mindset.”            — Ilse Goverts-van Kesteren, Lead Business Consultant, Wunderman Thompson When Wunderman Thompson asked […]
10 min read
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  1. Channel: Grocery

Your Views:  Perception Shift

I talked this week about how Jon Jenkins of AWS made the point during the NGA technology Summit that retailers should not compare smart carts to more traditional carts in terms of cost;  instead, he suggested, they should be thought of a self-checkout systems being used throughout the store, taking pressure off the front end. […]
2 min read
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  1. Channel: Grocery

Kroger/Albertsons vs. FTC Court Case Scheduled For Late August

Mark your calendars.  Set your alarm.  August 26, 2024, has been set foe the beginning of the trial that will determine whether the Federal Trade Commission (FTC) will be able to block Kroger’s $24.6 acquisition of Albertsons. The trial will take place in the Us District Court in Portland, Oregon, and is expected to last […]
2 min read
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  1. Shopper & Customer

The Power of Mobile Apps for Grocery Stores

Online grocery shopping has skyrocketed in popularity over the last four years. Today, major grocery store chains like Kroger and Albertsons offer mobile apps to their customers for easy ordering or delivery. Separately, third-party services such as Instacart work with shoppers to get their groceries delivered to their homes. This convenience and efficiency have turned […]
3 min read
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  1. Channel: Grocery - Natural

Amazon’s Missteps with Whole Foods Market Again?

  While the acquisition of Whole Foods by Amazon in 2017 brought potential benefits, there have also been criticisms of Amazon’s approach, including our own Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions. Here are 8 points often mentioned: 1.       Branding: Buying Whole Food aka ‘Whole Paycheck’ Amazon missed an opportunity to reposition […]
3 min read
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  1. Department: HBC

Worth Watching:  Scott Moses Makes The Case

Scott Moses,  partner and Head of the Grocery, Pharmacy & Restaurants Investment Banking practice at Solomon Partners, appeared on Yahoo Finance the other day to talk about the issue of shrinkflation, but the conversation evolved into a discussion of the rationale for the Kroger-Albertsons deal.  No matter how you feel about the proposed deal – […]
< 1 min read
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  1. Channel: Grocery

Kroger Releases Q4, Annual Sales Figures

Kroger said that its Q4 total sales, excluding fuel, declined 0.5 percent to $37.1 billion, from $34.8 billion during the same period a year ago.  Same-store sales for the period were down 0.8 percent. However, operating profit grew to $1.19 billion from $826 million in the prior-year period, while Kroger digital sales grew more than […]
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  1. Trends & External Forces

Kroger Reports Fourth Quarter and Full-Year 2023 Results, Announces Guidance for 2024

Comments from Chairman and CEO Rodney McMullen. "Kroger achieved strong 2023 results, in line with our long-term growth model and built upon three consecutive years of historic growth.
9 min read
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  1. Corporate Finance

Kroger’s Q4 earnings beat expectations

CINCINNATI—Kroger reported flat sales for the fourth quarter and fiscal year ended February 3, but profits beat expectations. The retailer reported a $736 million profit on sales of $37.1 billion for the three-month period. Kroger noted that identical sales (excluding fuel decreased 0.8% in the quarter, while underlying identical sales without fuel increased 0.1%. The […]
3 min read
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  1. Data & Insights

The Innovation Conversation:  Data Illuminated

The continuing goal of “The Innovation Conversation” is to explore some facet of the fast-changing, technology-driven retail landscape and how it affects businesses and consumers. It is, we think, fertile territory … and one that Tom Furphy – a former Amazon executive who led the team that developed Amazon Fresh, and currently CEO and Managing […]
< 1 min read
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  1. Channel: Mass
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  3. Partnerships & Alt Profit
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  6. Shopper & Customer
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Walmart Streamlines Teacher Support via Box Tops App Integration

Walmart has simplified the process for shoppers who want to support their local schools with the new Connected Accounts feature on the Box Tops for Education app. Shoppers can now give back by connecting their Walmart account with the Box Tops app, without needing to scan or submit receipts. Families can earn when they download […]
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  1. Retailer Media
  2. Channel: Drug
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How Home Depot Plans to Stand Out in the ‘Sea of Retail Media Networks’

Photo courtesy Home Depot Editor’s Note: As the Retail Innovation Conference & Expo (RICE) nears, we’re highlighting recent coverage of some of the speakers and companies that will be taking the stage in Chicago, June 4-6, 2024. Zach Darkow, Head of Marketing Measurement at the Home Depot, will join a dynamic discussion with Jeffrey Bustos of IAB, Claire […]
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  1. Channel: Delivery
  2. Channel: Ecommerce & Digital
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  4. Department & Category
  5. Department: Food
  6. Department: Nonfood
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  18. Stores & Formats

Save Mart Embraces Retail Media, Smart Carts with Expanded Instacart Partnership

The Save Mart Companies is building on its partnership with Instacart by implementing several in-store solutions in nearly all 200 Save Mart, FoodMaxx and Lucky locations. The California-based grocer will roll out Caper Carts, Instacart’s AI-powered smart carts, and FoodStorm, an order management system designed to power the retailer’s food service and catering experiences. Save […]
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  2. Department: Nonfood
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Summit Spotlight: Navigating the Retail Growth Outlook DSI

Ecommerce is complex, but too often brands embrace a simplistic view of what it means to their business. The conversation often centers around market penetration or ecommerce’s share of growth and profitability relative to physical retail.  But Russ Dieringer, founder and CEO of the research and analyst firm Stratably, argues this is just one piece of […]
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