Kroger Co.
Data: Worldwide
- Headquarters: Cincinnati, OH
- Top Executive: David B. Dillon, chairman, CEO
- Corporate Stores (global): 3,662
- Sales in $ Billions (USD): 70.235
- Countries of Operations: USA
- Date FY Ends: 2/2/08
- Website: www.kroger.com
Overview
Kroger sales encompass 2,491 supermarkets and multi-department stores, 780 convenience stores, 664 supermarket fuel centers and 406 fine jewelry stores. Combined sales from convenience stores and jewelry stores account for approximately $3.45 billion, or 5% of total volume.
Recent articles on Kroger Co.
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Kroger, Nestlé Purina Sponsor Pet Contest, Program
The Kroger Co. has teamed with Nestlé Purina to sponsor a national contest and television special that will focus on the ways people and pets improve each other’s quality of life
Ingles Expands C-Store Banner to Tennessee
Ingles Markets is preparing to expand its iMarket convenience store concept outside its home state for the first time in October when it opens an outlet of the 1,800-square-foot banner in Farragut, Tenn., according to reports.
NEWSWATCH
TEEL PLANS GOOD EATS CHAIN Michael Teel, the grandson of the founder of Raley's Supermarkets, is preparing to challenge Fresh & Easy Neighborhood Market's local entry with his own group of gourmet grocery stores that will emphasize fresh prepared foods, reports said last week. According to the report in the Sacramento Bee newspaper, Teel plans to open the first unit of Good
THE WEEK IN STOCKS
FOR 24 NORTH AMERICAN FOOD RETAILERS TRACKED BY SN, AT THE CLOSE THURSDAY, AUG. 21, 2008 MARKET SUMMARY gainers 8 losers 16 unchanged 0 Metro +7.09% Arden Group +6.99% United Natural Foods +4.42% MOST ACTIVE BY VOLUME Wal-Mart 62,081,785 Target 43,581,134 Kroger 29,285,493 AS PERCENTAGE OF SHARES OUTSTANDING Whole Foods 10.36% A&P 5.99% Target 5.62% Empire -28.41% supervalu -12.90% Safeway -9.68%
Cell Phones Seen as Emerging Payment Device
As RFID-based contactless payment cards continue to gain acceptance in retail stores, the marketplace is gearing up to embrace cell phones as the next contactless payment vehicle over the next few years, according to speakers at the NRFtech 2008: IT Leadership Summit, held here this month. Shoppers will be able to use cell phones configured for Near Field Communication (NFC) to make
Labor Issues Helps Industry's Political Support
The increasing likelihood of a pro-labor agenda in the next Congress is helping shape the industry's political contributions this election cycle. Right now there is a tremendous amount of concern in the industry as well as in the entire business community about having enough votes to sustain filibusters in the Senate in the next Congress on key issues that are going to come up from what
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