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Despite that, Kroger faces substantial obstacles as it works to continue improving its online operations — including competition from Walmart, which turned a profit with its e-commerce business for ...
CEO Susan Morris views the Albertsons for U program, which saw membership rise 14% year over year, as a valuable source of ...
Kroger will close 60 stores in 16 states over 18 months to cut costs and streamline operations, following a paused merger with Albertsons.
Kroger plans nationwide store closures over 18 months to improve profitability. At least two stores in Virginia will likely close.
Discover Kroger's Q1 2025 earnings insights, including raised sales guidance, transformative strategies, e-commerce growth, and store optimization plans.
Kroger plans to close around 60 U.S. grocery stores over the next 18 months to improve efficiency. The Cincinnati-based company announced the plan during a corporate earnings call June 20.
The grocery chain saw identical sales rise twice as fast as they did a year ago and posted an e-commerce sales gain of 25%.
Kroger stock led S&P 500 gainers soon after the opening bell Friday as the grocery giant reported fiscal first-quarter profit and identical sales growth that came in above analysts' projections.
Kroger results showed the company's same-store sales beat forecasts while its profit outlook for the year remained unchanged.
The Kroger Co. (NYSE: KR) today announced the creation of a new eCommerce business unit, which aligns the teams contributing to every aspect of the online customer experience. Yael Cosset, Kroger's ...
Although Kroger’s e-commerce business achieved its “best profit improvement yet” on a quarterly basis during the first three months of its current fiscal year, the company is still not ...