CINCINNATI — Kroger Co. announced Friday its membership in the United States Hispanic Chamber of Commerce Million Dollar Club, signifying the company’s support of Hispanic suppliers.
Introduced by the United States Hispanic Chamber of Commerce in 2010, the Million Dollar Club recognizes corporations that are leaders in supplier diversity and integrating Hispanic business enterprises into their strategic sourcing and procurement process. Corporations qualify by spending between $25 million to over $500 million with Hispanic suppliers in the previous year.
This is Kroger's third consecutive year of qualifying for membership. The company was inducted in the $250 to $500 million annual expenditure category.
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"Kroger is honored to be selected for membership in the Million Dollar Club," said Reuben Shaffer, Kroger's chief diversity officer, in a statement. "Our partnerships with diverse suppliers help us meet our customers' needs and create employment opportunities in the local communities we serve."
Overall, Kroger currently spends more than $1 billion annually with diversity businesses and remains a member of the Billion Dollar Roundtable, which recognized corporations that achieved spending of at least $1 billion with minority and woman-owned suppliers.
In addition, Kroger's director of corporate supplier diversity, Denise Thomas, was recently named a 2012 Top 30 Champion of Diversity by DiversityPlus Magazine in recognition of her leadership in growing women and minority-owned business enterprises.
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