Kroger Stock Price, News & Analysis

Kroger (NYSE: KR) announces an expansion of its collaboration with Gotham Greens to provide greenhouse-grown produce and plant-based foods across the U.S. Currently available in over 300 stores, the partnership aims to reach nearly 1,000 stores by the end of 2023. This initiative aligns with Kroger's commitment to sustainability, aiming for zero food waste to landfill by 2025. Gotham Greens uses innovative farming methods, requiring 95% less water and 97% less land than traditional farming, to deliver quality, non-GMO, pesticide-free products year-round. This partnership enhances Kroger's fresh food offerings while supporting environmentally friendly practices.

Kroger Health has been awarded the title of Retailer of the Year by Mass Market Retailers for its innovative health initiatives. This recognition highlights the organization's commitment to linking nutrition and health through its food as medicine initiative, and enhancing fair reimbursement for community pharmacists. Kroger Health operates over 2,200 pharmacies and 226 clinics across 35 states, serving more than 17 million customers annually. The award emphasizes Kroger Health's leadership in retail healthcare, collaborative industry relationships, and effective use of technology. As a health division of Kroger (NYSE: KR), it aims to provide accessible and affordable healthcare solutions.

The Kroger Co. (NYSE: KR) has received the 2023 Campus Forward Award for its excellence in early career hiring. Recognized in the Enterprise Early Career Programs category, Kroger has established effective internship programs aimed at developing talent from diverse backgrounds. Key highlights include a commitment to innovation in recruitment, a focus on diversity and inclusion, and impactful mentorship programs. The award, given by RippleMatch, celebrates organizations making significant investments in early career hiring and community engagement. This recognition underscores Kroger's commitment to nurturing the next generation of leaders.

Kroger (NYSE: KR) has opened a new spoke facility in Miami, Florida, enhancing its delivery service and creating 90 jobs. This 60,000-square-foot facility will work alongside the Groveland fulfillment center to ensure peak freshness for grocery deliveries across South Florida. The expansion supports Kroger's partnership with Ocado Group, leveraging AI and robotics for an efficient delivery network. Customers can benefit from thousands of digital coupons and a membership program that offers substantial savings. The move aims to capitalize on South Florida's growth potential, catering to over a million households.

Food 4 Less is gearing up for the 2023 NASCAR Cup Series by participating in the Busch Light Clash at the Los Angeles Memorial Coliseum this weekend. The Food 4 Less/Velveeta Camaro, driven by two-time NASCAR Cup Series winner Ricky Stenhouse Jr., will compete in the race. Fans can meet Stenhouse Jr. on February 3 at the Food 4 Less store in Gardena, CA, from 4-5 PM Pacific. The race day kicks off with qualifying heats on February 5 at 2 PM Pacific, followed by the main race at 5 PM Pacific. Food 4 Less, a subsidiary of Kroger (NYSE: KR), operates over 121 supermarkets across Southern California, Illinois, and Indiana.

Home Chef has partnered with Life Time to offer exclusive meal solutions to Life Time members, enhancing their ability to prepare simple and healthy meals at home. This initiative will provide members with discounts on Home Chef meal kits, which include fresh ingredients and easy-to-follow recipes.

The collaboration marks Life Time's first partnership with a national meal kit brand and aims to improve home cooking convenience for members. The integrated partnership will run through 2025, underscoring Home Chef's commitment to accessible meal preparation. Life Time members can benefit from various offers, including birthday perks and meal recommendations.

Kroger Co. (NYSE: KR) has released its 2023 Food Trends Report, highlighting the continued trend of home cooking as consumers shift towards celebrating special moments with family and friends. As pandemic concerns decline, customers are embracing cooking at home to save money. The report emphasizes the popularity of celebratory foods, with items like cheese and cheesecake gaining traction. Additionally, the report suggests a rise in seafood consumption and global flavors. Kroger also promotes its Boost membership service, which can save consumers up to $1,000 annually on grocery delivery.

Kroger Health has launched a clinical trial site network aimed at enhancing access to colorectal cancer research. In collaboration with Persephone Biosciences, they are actively recruiting participants for the ARGONAUT clinical study, which investigates microbiome-based biomarkers for colorectal cancer. The initiative begins in Toledo, Ohio, with plans to enroll 55 individuals with varying risk levels.

With a significant presence in socially vulnerable areas, Kroger aims to utilize its pharmacy network to improve healthcare accessibility. The trial leverages data analytic capabilities and patient engagement tools to enhance recruitment and retention throughout the study.