Kroger Stock Price, News & Analysis

Kroger Health has launched a new interactive prescription drug safety course aimed at educating adults on the responsible use of medications. This initiative, developed in collaboration with EVERFI, provides essential information regarding the dangers of prescription drug misuse, which the CDC identifies as a significant public health issue, citing over 67,000 opioid-related deaths in 2018. The free wellness resource includes 10 interactive learning modules and is designed to help users understand safe disposal methods and support those struggling with opioid misuse.

Kroger Health has expanded its COVID-19 testing services to over 220 clinic locations, available by appointment for both symptomatic and asymptomatic patients. This initiative comes alongside the COVIDCare Plus testing program, ensuring increased access to testing amid the impending flu season. The clinics can accommodate up to 5,000 tests daily. Kroger Health has conducted over 150,000 COVID-19 tests since April, emphasizing the importance of testing as flu season approaches due to overlapping symptoms. Additional safety measures have been implemented at clinics to protect patients and staff.

The Kroger Co. (NYSE: KR) released its 2020 Environmental, Social and Governance (ESG) Report on August 17, highlighting progress in sustainability goals. The report emphasizes commitment to a hunger-free community and waste reduction. Key metrics include a 4% reduction in food waste and an 18% improvement in waste diversion since 2017. Kroger aims for zero food waste by 2025 and has invested over $830 million in associate safety amid COVID-19. The corporation also detailed new sustainability commitments, including a 30% reduction in greenhouse gas emissions by 2030.

Kroger (NYSE: KR) has announced an expansion of its Kroger Ship platform to include a ship-to-home marketplace featuring third-party sellers, facilitated by Mirakl. This initiative is part of Kroger's strategy to enhance its e-commerce services, responding to increased demand during the COVID-19 pandemic. Over 50,000 additional items will be available across various categories, improving product accessibility for customers. This market integration aims to leverage customer insights and broaden product offerings, further establishing Kroger's digital marketplace ahead of its fall launch.

The Kroger Co. (KYSE: KR) has announced the launch of a contactless payments pilot at its QFC division in Seattle, enhancing customer checkout experiences through mobile devices. Customers can utilize various payment methods, including Apple Pay, Google Pay, and Samsung Pay, via NFC technology. The pilot aims to improve convenience and promote social distancing amid the COVID-19 pandemic, complementing over 30 policy changes Kroger has implemented. This development aligns with Kroger's commitment to innovate and personalize the shopping experience for its customers.

The Kroger Co. (NYSE: KR) announced the launch of its Simple Truth Recycling Program, enabling customers to recycle flexible packaging from over 300 Simple Truth products. This initiative, developed with TerraCycle, allows participants to recycle items like produce and bread bags. It reflects Kroger's commitment to its Zero Hunger | Zero Waste plan, aiming to reduce environmental impact. Kroger has achieved a significant milestone by decreasing plastic resin usage in its packaging by 10.1 million pounds by 2019, ahead of its target. The program is open to individuals and organizations across the U.S.