Kroger Stock Price, News & Analysis

Kroger (NYSE:KR) has extended the expiration date of its previously announced Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. (NYSE:ACI) Notes. The new expiration date is October 28, 2024, at 5:00 p.m. New York City time. This extension applies to the exchange of up to $7,441,608,000 aggregate principal amount of new Kroger Notes and cash for outstanding ACI Notes.

The Exchange Offers and Consent Solicitations are conditional upon the closing of the merger between Kroger and ACI, expected in the fourth quarter of 2024. Settlement is anticipated to occur promptly after the Expiration Date and the merger closing. Kroger may further extend the Expiration Date and plans to provide advance notice of any such extension.

The Exchange Offers remain subject to the terms and conditions outlined in the confidential offering memorandum dated August 15, 2024. Eligible holders of ACI Notes can obtain documents related to the Exchange Offers and Consent Solicitations by completing an eligibility certificate.

Kroger Health, the healthcare division of The Kroger Co. (NYSE: KR), has announced the Nourishing Change Conference, scheduled for May 13-15, 2025, in Cincinnati, Ohio. This summit aims to explore the future of health and wellbeing in America, focusing on the transformative power of nutrition, consumer product goods, technology, pharmacy, clinic, and retail interventions.

The conference will bring together leaders from various healthcare sectors to discuss innovative approaches to nutrition security, care delivery, and community and mental well-being. Participants can choose from three tracks: nutrition insecurity, redefining healthy eating, and integrative care. The event will feature panel sessions on topics such as the future of retail health, nutrition insecurity, and innovation in health and science. Additionally, an emerging brands competition will showcase up-and-coming companies offering healthy product options.

Murray's Cheese has partnered with Sarah Jessica Parker and her wine label, Invivo X, SJP, to launch two exclusive product experiences. The first is SJP X Murray's: The Curated Collection, a holiday entertaining set featuring three wine-friendly cheeses designed to pair with Invivo X, SJP wines. This collection is available nationwide on murrayscheese.com and in over 1,200 Murray's shops within select Kroger stores.

The second product is Murray's Cave Aged Release Cobblestone, a cheese infused with Invivo X, SJP Sauvignon Blanc. This -edition cheese is available exclusively online and in Murray's NYC shops. Both products aim to elevate the wine and cheese pairing experience, combining Murray's expertise in cheese with SJP's award-winning wines.

The Kroger Co. (NYSE: KR) has launched the Harvest Collection from Sewing Down South for HD Designs®, curated by reality TV personality Craig Conover. This second collaboration features housewares, home décor, and baking essentials, exclusively sold at Kroger Family of Stores. The collection is inspired by elevated coastal living and aims to bring style and elegance to everyday moments.

The Harvest Collection includes items such as wood and silicone utensils, ceramic bowls, rattan serving trays, and candles. Craig Conover shares his favorite Apple Pear Crisp recipe to complement the collection. At Fred Meyer locations, customers can experience special in-store displays with an expanded product range including bedding and bath items.

Kroger (NYSE: KR) has extended the expiration date for its exchange offers and consent solicitations related to Albertsons Companies, Inc. (NYSE: ACI) notes. The new expiration date is October 22, 2024, at 5:00 p.m. New York City time. This extension applies to the exchange of up to $7,441,608,000 aggregate principal amount of ACI Notes for new Kroger Notes and cash. The exchange offers and consent solicitations are conditioned upon the closing of the merger between Kroger and ACI, expected in the fourth quarter of 2024. Settlement is anticipated shortly after the expiration date and merger closing. The exchange offers remain subject to the terms and conditions outlined in the confidential offering memorandum dated August 15, 2024. Eligible holders of ACI Notes can obtain documents related to the exchange offers and consent solicitations by completing an eligibility certificate.

The Kroger Co. (NYSE: KR) has announced plans to hire over 25,000 associates for the upcoming holiday season and beyond. The company is seeking candidates for various roles, including front-end clerks, baggers, deli bakery clerks, pharmacy technicians, and Kroger delivery drivers. Kroger offers comprehensive benefits, including competitive salaries, healthcare, retirement plans, and a tuition reimbursement program of up to $21,000 for both part-time and full-time associates.

The company has been recognized for its workplace culture, diversity initiatives, and commitment to creating opportunities for growth. Kroger provides on-demand training, career advancement resources, and support for employees' health and well-being. Additional perks include flexible scheduling, grocery discounts, and access to financial counseling services.

Kroger (NYSE: KR) has released its Halloween guide, highlighting America's favorite candies and offering festive deals and recipes. According to Kroger, the top three candies this Halloween are REESE'S Peanut Butter Cups, Snickers, and Kit Kat's. The retailer suggests pairing these candies with seasonal drinks like Sam Adams' Octoberfest and Jack-O Pumpkin Ale.

Kroger is offering special deals on Halloween candy, including Jumbo Candy Bags for $4.99 from Oct. 9-15 and a 25% off digital coupon from October 18-20. The company is also introducing the Kroger Franken Ropes Chewy Halloween Candy Bag featuring a 'Franken-Kroji.'

Customers can find Halloween inspiration and recipes on Kroger's blog, The Fresh Lane. The retailer offers various shopping options, including in-store, pickup, and delivery services, with additional savings through the Boost by Kroger Plus membership program.

The Kroger Co. (NYSE: KR) has announced that Boost by Kroger Plus annual memberships will now include Disney streaming options. Members can select Disney+ Basic (With Ads), Hulu (With Ads), or ESPN+ as part of their benefits. The $99 Annual Members receive a complimentary subscription for the duration of their membership, while $59 Annual Members get a one-time six-month subscription or can upgrade to the $99 plan for an ongoing subscription.

Boost members can save up to $1,000 per year on fuel, groceries, and delivery fees. Other benefits include free delivery, 2X Fuel Points for every $1 spent, member-exclusive offers, and free items. Kroger Rewards World Elite Mastercard® cardholders may redeem a free one-year, next-day Boost membership or receive a one-year extension of their current membership.

Kroger (NYSE:KR) has extended the expiration date for its exchange offers and consent solicitations related to Albertsons Companies, Inc. (NYSE:ACI) notes. The new expiration date is October 16, 2024, at 5:00 p.m. New York City time. This extension applies to the exchange of up to $7,441,608,000 aggregate principal amount of ACI Notes for new Kroger Notes and cash. The exchange offers and consent solicitations are conditioned upon the closing of the merger between Kroger and ACI, expected in the fourth quarter of 2024. Settlement is anticipated shortly after the expiration date and merger closing. The exchange offers allow for valid withdrawals until the expiration date, while the consent solicitations do not. Kroger Notes offered in the exchange have not been registered under the Securities Act of 1933 and may not be offered or sold in the U.S. without registration or an applicable exemption.