by Mike Duff | Dec 2, 2022 | Retail Articles
As it continues to highlight its digital efforts, Kroger posted sales and earnings that exceeded Wall Street expectations. Company net earnings were $398 million, or 55 cents per diluted share, versus $483 million, or 64 cents per diluted share, in the year-before...
by Mike Duff | Oct 14, 2022 | Featured News, Retail Articles
The Kroger Co. and Albertsons Cos. have announced that they have entered into a definitive merger agreement a day after reports emerged about ongoing negotiations between the two companies. In a joint press release, the companies reported that the deal would merge two...
by Mike Duff | Sep 22, 2022 | Retail Articles
At the Groceryshop 2022 event in Las Vegas, Kroger Co. chief information officer and senior vp, Yael Cosset, shared what the company characterizes as its seamless strategy and how evolving shopping trends are generating change, it revealed. And he pointed out that the...
by Mike Duff | Sep 9, 2022 | Retail Articles
In the second quarter, Kroger saw across-the-board financial advances that exceeded expectations as the company continues to leverage technology, as in its robotic fulfillment centers using Ocado technology, and, as a consequence, omnichannel operations, and made...
by Mike Duff | Jul 29, 2022 | Retail Articles
As the company continues to expand its delivery network, The Kroger Co. announced the official opening of its newest customer fulfillment center, an Ocado-equipped facility in Dallas. Powered by Ocado technology, the CFC will leverage advanced robotics technology, AI...