Kroger Stock Price, News & Analysis

Kroger has officially launched a new Customer Fulfillment Center (CFC) in Dallas, Texas, aimed at enhancing customer experience through advanced robotics technology, in partnership with Ocado. This 350,000 square-foot facility is expected to create over 500 jobs and improve access to fresh groceries in the Dallas-Fort Worth area. Kroger's new delivery system utilizes machine learning for optimized routes and sustainability practices. Additionally, the Boost by Kroger membership program offers customers significant savings on deliveries and fuel.

Home Chef, a leading meal solutions company, expands its operations with a 181,000 square-foot facility in Douglasville, Georgia, enhancing its production capabilities. This facility is Home Chef's first single-tenant operation, featuring a 6,000 square-foot kitchen for in-house cooking and sauce production. The new center will create nearly 700 jobs and improve operational efficiency, supporting both e-commerce and retail needs. Acquired by Kroger in 2018, Home Chef continues to grow its service offerings by delivering high-quality meal kits.

Home Chef has partnered with Kevin Curry of FitMenCook to offer a limited-time menu featuring fresh, summer-inspired meals available online. This collaboration emphasizes easy-to-make and flavorful recipes that cater to health-conscious consumers. The menu includes dishes like Smoky Chipotle Chicken Tacos and Stuffed Chicken Parmesan, promising convenience and quality. Available from August 1 to 12, meal orders can be placed until noon CT on August 5. Home Chef, a subsidiary of Kroger (KR), aims to provide joy through home cooking with its diverse meal solutions.

The new Kitchen United MIX has launched inside the Kroger on East Mockingbird Lane, Dallas, offering a virtual food court with options for takeout or delivery. Customers can enjoy meals from various local and national brands such as Dog Haus and Fuku, with the convenience of multi-restaurant ordering. This marks the first Kitchen United MIX in Dallas and the third partnership with Kroger. The concept aims to provide high-quality meals while grocery shopping and is noted for its innovative technology.

Vitacost.com, a leading online retailer of health products, has relaunched its Autoship subscription service, formerly known as Set & Save, incorporating customer feedback to enhance its offerings. Shoppers can now enjoy $10 off their first order and a recurring 5% discount on many items, with additional savings on select brands. The program allows easy management of deliveries, making wellness shopping more convenient. This initiative aims to provide long-term value and savings to customers while reinforcing Vitacost's dedication to health and wellness.

The Kroger Co. (NYSE: KR) announced its participation in a National Convening addressing hunger, nutrition, and health issues in Washington, D.C. on July 14, 2022. This event aims to gather diverse perspectives to develop solutions for chronic diet-related diseases. Kroger's chairman, Rodney McMullen, emphasized the company's commitment through its Zero Hunger | Zero Waste initiative, targeting over three billion meals directed to families by 2025. The discussions will inform the upcoming White House Conference on Hunger, Nutrition, and Health scheduled for September 2022.

The Kroger Co. (NYSE: KR) announced the expansion of its delivery network with new facilities in Nashville, Tennessee and Maywood, Illinois, increasing delivery capabilities in Greater Nashville and the Chicago Metro Area. The Nashville facility spans 40,000 square feet and will create over 180 jobs, while the Maywood facility is nearly 80,000 square feet with similar employment opportunities. Customers can access Kroger's Boost membership for delivery savings.

The Kroger Co. (NYSE: KR) announced the national launch of its Boost membership program, enhancing its loyalty offerings. Members can enjoy unlimited free grocery delivery on orders over $35 and discounts on fuel, potentially saving up to $1,000 annually. The program features two membership tiers priced at $59 and $99, providing next-day and expedited delivery options. Following successful trials, Boost aims to attract more customers and increase delivery sales, capitalizing on the demand for convenience amid rising fuel prices.

Kroger has officially opened a Customer Fulfillment Center (CFC) in Pleasant Prairie, Wisconsin, enhancing its delivery network across the region. This facility, powered by Ocado Group, will create nearly 250 jobs and employs advanced robotics technology for efficient grocery delivery services. The CFC spans 336,840 square feet and will serve customers in Wisconsin, northern Illinois, and northwest Indiana. The project received state support, including $1.5 million in tax credits, to bolster its development while improving local infrastructure.