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 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...
by Mike Duff | Dec 22, 2021 | Retail Articles
The Kroger Co., in another expansion of its fulfillment network, is bringing its Ocado-enabled consumer delivery service to Indianapolis. A new delivery hub in Indianapolis will coordinate with a sister facility in Monroe, Ohio, to bring Kroger Delivery to 30 central...
by Mike Duff | Dec 13, 2021 | Featured News, Retail Articles
In a letter to Congressional leadership, 20 CEOs of leading retailers expressed urgent concern over the growing impact of organized retail crime on retail employees and communities across the United States, according to a statement from the Retail Industry Leaders...
by Mike Duff | Dec 2, 2021 | Featured News, Retail Articles
The Kroger Co. in its third quarter beat Wall Street sales and earnings estimates while launching initiatives including a partnership with Bed Bath & Beyond. Company net earnings were $483 million, or 64 cents per diluted share, versus $631 million, or 80 cents...