Kroger Stock Price, News & Analysis

The Kroger Co. (NYSE: KR) and Procter and Gamble (NYSE: PG) announced the launch of their women's leadership initiative, Queen City Game Changers, on September 7, 2022. This program aims to enhance female advancement in sports, business, and education. The inaugural class consists of 130 leaders from Greater Cincinnati, offering mentorship and a structured eight-month curriculum. Additionally, five female scholars were awarded the Game Changers Scholarship, a $5,000 scholarship aimed at supporting multicultural women pursuing higher education. The initiative coincides with the Kroger Queen City Championship event from September 8-11, 2022.

The Kroger Co. (NYSE: KR) will host its second quarter 2022 earnings conference call on September 9, 2022, at 10:00 a.m. ET. This call will provide insights into the company's financial and operational performance for the quarter ending August 13, 2022. Investors can access the live presentation online at ir.kroger.com, with a replay available later that day. Kroger continues to focus on its commitment to sustainability with a goal of achieving #ZeroHungerZeroWaste communities by 2025.

The Kroger Co. (NYSE: KR) announced the winners of its second annual Go Fresh & Local Supplier Accelerator on August 25, 2022. Five new brands were selected to enhance Kroger's local product offerings and gain strategic mentorship. This initiative aims to bolster Kroger's commitment to invest $10 billion in diverse suppliers by 2030 and foster relationships with local brands. Each winner will receive product placement in Kroger stores and online in 2023, supporting Kroger's mission of being Fresh for Everyone.

The Kroger Co. (NYSE: KR) has opened two new spoke facilities in Greater Nashville and the Chicago Metro Area, expanding their delivery service. These facilities will enhance last-mile delivery operations and improve access to Kroger Delivery for customers in Tennessee and Illinois. The Nashville facility spans 40,000 square feet and employs over 180 associates, while the Chicago location is 80,000 square feet. Kroger's new Boost by Kroger membership program, priced at $59 or $99 annually, offers free delivery and rewards. This expansion reflects a partnership with Ocado Group for advanced grocery delivery solutions.

Kroger has officially opened a new 50,000 square-foot spoke facility in Louisville, Kentucky, enhancing its delivery capabilities in the Greater Louisville area. This facility will collaborate with the Customer Fulfillment Center in Monroe, Ohio to facilitate last-mile deliveries, employing up to 161 full-time associates. The facility supports Kroger Delivery and the Boost by Kroger membership program, offering significant savings on delivery and fuel points. Kroger continues to expand its logistics network, integrating advanced technology through its partnership with Ocado.

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.