Content about The Kroger Co.

September 24, 2014

The Kroger Co. has been named to the United States Hispanic Chamber of Commerce (USHCC) Million Dollar Club. Introduced by the USHCC 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.

Cincinnati – The Kroger Co. has been named to the United States Hispanic Chamber of Commerce (USHCC) Million Dollar Club. Introduced by the USHCC 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.  

September 11, 2014

The Kroger Co. beat Wall Street expectations with strong net earnings and sales results for the second quarter of fiscal 2014.

Cincinnati – The Kroger Co. beat Wall Street expectations with strong net earnings and sales results for the second quarter of fiscal 2014. Net earnings rose 9% to $347 million from $317 million, while total sales increased 12% to $25.3 billion compared to $22.7 billion for the same period in the prior year.

September 5, 2014

The Kroger Co. is hiring to fill an estimated 20,000 permanent positions in its supermarket divisions.

Cincinnati - The Kroger Co. is hiring to fill an estimated 20,000 permanent positions in its supermarket divisions. The company has created more than 40,000 permanent new jobs in the past six years, not including the 25,000 employees who joined as a result of the Harris-Teeter acquisition.

"Kroger's growth trajectory creates more job opportunities for current and future employees," said Katy Barclay, Kroger's senior VP of human resources.

 

July 30, 2014

The Kroger Co. Cincinnati/Dayton Division associates working at Kroger stores in metro and surrounding areas have ratified a new labor agreement with UFCW Local 75.

Cincinnati - The Kroger Co. Cincinnati/Dayton Division associates working at Kroger stores in metro and surrounding areas have ratified a new labor agreement with UFCW Local 75. It merges the formerly separate Cincinnati and Dayton contracts.

The contract covers 12,766 associates working in 76 stores in Cincinnati, and 4,945 associates working in 32 stores in Dayton.

July 9, 2014

The Kroger Co. has published its eighth annual sustainability report, setting its first-ever water conservation goal and providing a progress update on moving retail locations toward "zero waste" and sourcing 100% certified sustainable palm oil.

Cincinnati - The Kroger Co. has published its eighth annual sustainability report, setting its first-ever water conservation goal and providing a progress update on moving retail locations toward "zero waste" and sourcing 100% certified sustainable palm oil. Since 2000, Kroger has reduced energy consumption by nearly 35%. It has 557 Energy Star certified store locations and another 517 that are eligible.

Highlights of the report include:

June 12, 2014

The Kroger Co. has been named Employer of the Year by the Marriott Foundation for People with Disabilities.

Cincinnati — The Kroger Co. has been named Employer of the Year by the Marriott Foundation for People with Disabilities. The Marriott Foundation for People with Disabilities fosters the employment of young people with disabilities.

May 6, 2014

The Kroger Co. announced that it will be the first in Oregon to deploy a fleet of heavy-duty trucks that run on Liquid Natural Gas (LNG).

Cincinnati -- The Kroger Co. announced that it will be the first in Oregon to deploy a fleet of heavy-duty trucks that run on Liquid Natural Gas (LNG). The 40 trucks will replace 40 diesel trucks currently in use, and are expected to start making store deliveries in the Portland metropolitan area by the end of 2014.

The use of natural gas fuel not only reduces operating costs for vehicles, but also reduces greenhouse gas emissions up to 23% in medium- to heavy-duty vehicles.

April 23, 2014

The Kroger Co. said that its Fry's Marketplace store in Phoenix marks the 500th Kroger location to earn the Energy Star designation from the U.S. Environmental Protection Agency and U.S. Department of Energy.

Cincinnati -- The Kroger Co. said that its Fry's Marketplace store in Phoenix marks the 500th Kroger location to earn the Energy Star designation from the U.S. Environmental Protection Agency and U.S. Department of Energy.

April 16, 2014

The Kroger Co. announced that Timothy Massa will be promoted to group VP human resources and labor relations.

Cincinnati -- The Kroger Co. announced that Timothy Massa will be promoted to group VP human resources and labor relations.

Massa, 47, currently serves as VP of corporate human resources, talent development. In this expanded role, he will take responsibility for labor relations when Paul Heldman, executive VP, secretary and general counsel, retires in May.

April 2, 2014

The Kroger Co. is collaborating with EInfochips and Wincor-Nixdorf to introduce a new enterprise IT architecture called Retail Site Intelligence (RSI).

Cincinnati – The Kroger Co. is collaborating with EInfochips and Wincor-Nixdorf to introduce a new enterprise IT architecture called Retail Site Intelligence (RSI). The architecture uses uses ZigBee wireless mesh networks to integrate long battery life sensors, handheld devices, point-of-sale devices and video management software into a next-generation platform for retail applications such as loss prevention, store automation and analytics.

April 1, 2014

The Kroger Co. announced that senior VP Robert "Pete" Williams plans to retire in May after 37 years with the company.

Cincinnati -- The Kroger Co. announced that senior VP Robert "Pete" Williams plans to retire in May after 37 years with the company.

Williams, who began his Kroger career in 1977 as a management trainee, has served in his current role since 2007. Currently, he leads seven supermarket divisions. His replacement will be named.

March 13, 2014

The Kroger Co. said Thursday that it will buy back up to $1 billion of its shares.

Cincinnati -- The Kroger Co. said Thursday that it will buy back up to $1 billion of its shares. The repurchase program replaces its existing plan, which had roughly $2 million remaining.

Kroger also declared a regular quarterly dividend of 16.5 cents per share, payable June 1 to shareholders of record May 15.
During the last four quarters, Kroger has used its strong free cash flow to return more than $928 million to shareholders through share buybacks and dividends.  

March 6, 2014

The Kroger Co. earned a better-than-expected $422 million in its fourth quarter, down from $462 million in the year-ago period, which included an additional week of sales.

Cincinnati – The Kroger Co. earned a better-than-expected $422 million in its fourth quarter, down from $462 million in the year-ago period, which included an additional week of sales. The nation’s largest supermarket operator issued a better-than-expected profit for the year ahead.

February 11, 2014

The Kroger Co. announced it has purchased the assets of YOU Technology Brand Services, the Silicon Valley-based provider of digital coupons and promotions.

Cincinnati -- The Kroger Co. announced it has purchased the assets of YOU Technology Brand Services, the Silicon Valley-based provider of digital coupons and promotions. Financial terms of the transaction were not disclosed.

January 29, 2014

The Kroger Co. said it has completed its acquisition of Harris Teeter Supermarkets for about $2.5 billion. Under the terms of the merger agreement, Harris Teeter shareholders will receive $49.38 per share of Harris Teeter common stock.

Cincinnati -- The Kroger Co. said it has completed its acquisition of Harris Teeter Supermarkets for about $2.5 billion. Under the terms of the merger agreement, Harris Teeter shareholders will receive $49.38 per share of Harris Teeter common stock.

January 21, 2014

The Kroger Co. has promoted two veteran company executives. Jay Cummins has been named president of the Smith's Food and Drug Stores division and Joe Fey has been named president of Kroger's Mid-Atlantic division.

Cincinnati – The Kroger Co. has promoted two veteran company executives. Jay Cummins has been named president of the Smith's Food and Drug Stores division and Joe Fey has been named president of Kroger's Mid-Atlantic division.

Cummins, 62, has been serving as president of Kroger's Mid-Atlantic division. He succeeds Mark Tuffin, who was named senior VP of retail divisions in December 2013.

January 20, 2014

The Federal Trade Commission (FTC) has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) with respect to the pending merger transaction between The Kroger Co. and Harris-Teeter Supermarkets, Inc.

Cincinnati – The Federal Trade Commission (FTC) has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) with respect to the pending merger transaction between The Kroger Co. and Harris-Teeter Supermarkets, Inc. The early termination of the HSR waiting period satisfies one of the conditions to the closing of the pending merger, which remains subject to other customary closing conditions.

November 19, 2013

The Kroger Co. announced its succession plan for secretary and general counsel.

Cincinnati -- The Kroger Co. announced its succession plan for secretary and general counsel.

Paul W. Heldman, 62, a 31-year Kroger veteran who has been serving as the company's general counsel since 1989, secretary since 1992, and executive VP since 2006, will retire in the spring of 2014.

October 17, 2013

The Kroger Co. named Michael L. Ellis, senior VP of retail divisions, as president COO effective January 1, 2014, completing the succession plan announced in September.

Cincinnati -- The Kroger Co. named  Michael L. Ellis, senior VP of retail divisions, as president COO effective January 1, 2014, completing the succession plan announced in September.

In September, Kroger announced that chairman and CEO David B. Dillon will retire as CEO on January 1, 2014, and will continue to serve as chairman through December 31, 2014. He will be succeeded by W. Rodney McMullen, Kroger's president and CO, effective January 1, 2014.

October 3, 2013

Shareholders of Harris Teeter Supermarkets on Thursday voted overwhelmingly to approve the previously announced merger with The Kroger Co.

Matthews, N.C. -- Shareholders of Harris Teeter Supermarkets on Thursday voted overwhelmingly to approve the previously announced merger with The Kroger Co.
 
Under the terms of the agreement, Harris Teeter shareholders will receive $49.38 per share in cash for each share of Harris Teeter common stock that they own.

Upon closing of the transaction, Harris Teeter’s common stock will no longer be publicly traded and Harris Teeter will be a wholly owned subsidiary of Kroger.
 

September 27, 2013

The Kroger Co. today announced its inaugural listing on the Dow Jones Sustainability Index-North America.

Cincinnati -- The Kroger Co. today announced its inaugural listing on the Dow Jones Sustainability Index-North America.

The Dow Jones Sustainability Index-North America tracks the economic, environmental and social sustainability performance of the top 20% of the 600 largest North America-based companies in the Dow Jones Global Total Stock Market Index.

September 27, 2013

The Kroger Co. has promoted Steve McKinney to president of the Fry's Food Stores division.

Cincinnati -- The Kroger Co. has promoted Steve McKinney to president of the Fry's Food Stores division. Fry's operates 119 food stores in Arizona.

McKinney, 57, has been VP of operations at the company's Ralphs division since 2007. He succeeds Jon Flora, who passed away unexpectedly two weeks ago.

September 20, 2013

David B. Dillon will step down as CEO of The Kroger Co. effective Jan. 1, 2014.

Cincinnati – David B. Dillon will step down as CEO of The Kroger Co. effective Jan. 1, 2014. Dillon, 62, is a 37-year Kroger veteran who has been serving as CEO since 2003; he will remain chairman of the board.

September 3, 2013

The Kroger Co. will stop providing health insurance benefits for spouses on January 1, 2014, according to a recent agreement with several unions, Indiana Public Media reported.

New York -- The Kroger Co. will stop providing health insurance benefits for spouses on January 1, 2014, according to a recent agreement with several unions, Indiana Public Media reported.

August 22, 2013

In a pilot at its Matthews, N.C. store, Harris Teeter, which was recently acquired by The Kroger Co., is using Paydiant's white label mobile wallet solution as part of its Express Lane online shopping service in Matthews, N.C., beginning this month.

Wellesley, Mass. -- In a pilot at its Matthews, N.C. store, Harris Teeter, which was recently acquired by The Kroger Co., is using Paydiant's white label mobile wallet solution as part of its Express Lane online shopping service in Matthews, N.C., beginning this month. The deployment allows the Express Lane customers to use the Harris Teeter mobile wallet called “HT Express Pay” to pay for groceries ordered online. Payment will occur from within a customer’s vehicle at Express Lane curbside pick-up locations.