Welcome to our dedicated page for Kroger news (Ticker: KR), a resource for investors and traders seeking the latest updates and insights on Kroger stock.
The Kroger Co. (NYSE: KR) generates a steady flow of news that reflects its role as a large U.S. grocery retailer and digital food platform. Company announcements span grocery merchandising, health and wellness, digital innovation, partnerships, and community impact, giving investors and customers insight into how Kroger evolves its business and serves shoppers.
Recent news highlights include seasonal product launches under Kroger’s Our Brands portfolio, such as the Private Selection Harvest Apple collection, which showcases limited-edition fall flavors across beverages, snacks, and bakery items. Kroger also shares annual food trend predictions developed by its food experts, connecting emerging customer preferences to specific products in its exclusive brands.
Kroger Health and The Little Clinic are frequent subjects of updates, including vaccination campaigns that offer savings incentives for customers who receive flu and other vaccines at Kroger pharmacies or clinics. These stories illustrate how the company integrates healthcare services and the "food as medicine" concept into the grocery experience.
On the digital front, Kroger news covers partnerships and technology initiatives, such as the nationwide launch of thousands of Kroger Family of Companies locations on Uber Eats, Uber, and Postmates for on-demand grocery delivery. The company also reports on its expanded relationship with Google Cloud, where it plans to use Gemini Enterprise for Customer Experience to power an AI-based shopping and meal assistant.
Corporate updates include leadership changes, the sale of non-core assets like Vitacost.com, and programs aimed at affordability and food access, such as the Verified Savings Program and Yearly Checkout savings summaries. For anyone tracking KR, this news feed offers a consolidated view of how Kroger manages merchandising, health, technology, and community initiatives over time.
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.
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.
FAQ
What is the current stock price of Kroger (KR)?
What is the market cap of Kroger (KR)?
