by Mike Duff | Mar 31, 2022 | Featured News, Home + Housewares, Retail Articles
As part of its ongoing struggle with an activist investor, Kohl’s Corp. has sent a letter to shareholders asking for their votes to return its current board of directors and reject that proposed by Macellum Advisors. The letter detailed steps taken by the board of...
by Mike Duff | Mar 3, 2022 | Retail Articles
A renewed fresh food emphasis and expanded digital operations helped The Kroger Co. set financial records in the 2021 fiscal year and beat fourth-quarter Wall Street estimates in the process. In the fourth quarter, Kroger recorded company net earnings of $566 million,...
by Mike Duff | Feb 21, 2022 | Retail Articles
As it continues to expand its delivery network, The Kroger Co. is adding a spoke fulfillment facility in Oklahoma City operated with Ocado Group robotic and AI technology. The move is a continuation of Kroger’s successful entry into Florida during 2021, the...
by Mike Duff | Feb 16, 2022 | Retail Articles
The InMarket Insights Q4 2021 Consumer Loyalty Report shows Walmart generated the most consumer loyalty among the top 5 big-box stores. The market researcher used location tracking data to determine Walmart was number one followed by Meijer, Fred Meyer, Target and...
by Mike Duff | Feb 9, 2022 | Retail Articles
In announcing the retirement of Mark Tuffin, The Kroger Co. has appointed Kenny Kimball, currently president of the Smith’s division, to the position Tuffin’s leaving, senior vp of retail divisions. Kimball joined Kroger in 1984 as a courtesy clerk in the...