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CINCINNATI, April 15, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced several appointments of experienced enterprise leaders to retail roles.
Kroger appointed Joe Kelley, president of the Colorado-based King Soopers & City Markets division, to be senior vice president of Retail Divisions. Kelley is an industry veteran of nearly 40 years. He has held a number of executive leadership roles across a variety of retailers, including Price Chopper, Stop and Shop, Star Market, and Shaws Supermarkets. Kelley joined the Kroger enterprise in 2019.
Retailer promises an affordable holiday meal and shares DIY inspiration for the entire family
CINCINNATI, April 7, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced it is making Easter more affordable with a holiday meal that includes all the staples for less than $6 per person. Complete with ham, sides and dessert families can enjoy the day without skipping their seasonal favorites.
Retailer on-track to launch more than 900 new items in 2025
CINCINNATI, March 31, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's grocer, today shared it is introducing new Our Brands products, sharing five must try items hitting Kroger shelves. Customers can look forward to unique new products from Kroger®, Private Selection® and Simple Truth®, bringing Our Brands' signature quality and affordability to more grocery staples.
CINCINNATI, March 25, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced that it has filed its answer and counterclaims to the complaint brought by Albertsons in the Delaware Court of Chancery, in connection with the previous merger agreement between the two companies, which was terminated in December 2024.
As detailed in the court filing, while Kroger was working diligently to seek regulatory approval and close the merger, Albertsons was engaging in a secret and misguided campaign, together with C&S Wholesale Grocers, the divestiture buyer, to pursue its own regulatory strategy, which ultimately undermined Kroger's efforts. Albertsons's misconduct shockingly came to light in the middle of the antitrust trials under government cross examination of Susan Morris, Albertsons's recently promoted CEO designate. As a result of its misconduct, Albertsons is not entitled to the $600 million termination fee under the terms of the parties' merger agreement, nor is Albertsons entitled to the other damages it seeks.
Kroger celebrates customers with the biggest appreciation event ever
CINCINNATI, March 24, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced the return of its mega-sales event honoring customers with the retailer's hottest deals and digital coupons during Kroger's Customer Appreciation Week running March 26-April 1.
"We know our customers are faced with many choices when it comes to feeding their families and as America's grocer, we are proud every time they choose Kroger," said Mary Ellen Adcock, Kroger Senior Vice President and Chief Merchant and Market Officer. "We are thrilled to bring back our customer appreciation event with even more deals and discounts to express thanks to our customers for giving Kroger a seat at their table."
Our Brands products face off in snack bracket challenge and retailer reveals Kroger associates' favorite snacks
CINCINNATI, March 20, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared the launch of its "Elite Ate" Snack Bracket, featuring a delicious lineup of customers' favorite snacks from Kroger's Our Brands. From savory chips to sweet treats, it is a snack-off with exclusive deals on the ultimate game day eats. The retailer is also giving the inside scoop on which snacks are MVPs among Kroger associates.
Retailer celebrates National Nutrition Month
CINCINNATI, March 18, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared how customers can supercharge meals and snacks with fresh in-season fruits, veggies and simple recipes to try during National Nutrition Month and enjoy all season long.
"Preparing dishes with fresh, in-season produce presents limitless, simple options for families to enjoy together as spring and summer approaches," said Carlo Baldan, Kroger group vice president of Fresh Merchandising. "With guaranteed quality, value and more days of freshness for our customers, we make it easy to create nutritious meals. Fresh is always in season at Kroger."
CINCINNATI, March 13, 2025 /PRNewswire/ -- The Kroger Co.'s (NYSE: KR) Board of Directors today declared a quarterly dividend of 32 cents per share to be paid on June 1, 2025, to shareholders of record as of the close of business on May 15, 2025.
The company's quarterly dividend has grown at a 13.5% compounded annual growth rate since it was reinstated in 2006. The company continues to expect, subject to board approval, an increasing dividend over time.
Yael Cosset to Lead as Chief Digital Officer
CINCINNATI, March 11, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced the creation of a new eCommerce business unit, which aligns the teams contributing to every aspect of the online customer experience. Yael Cosset, Kroger's senior vice president and chief information officer, will lead this function as executive vice president and chief digital officer, effective immediately.
Fourth Quarter Highlights
Identical Sales without fuel increased 2.4%Operating Profit of $912 million; EPS of $0.90Adjusted FIFO Operating Profit of $1,174 million and Adjusted EPS of $1.14Delivered 11% digital sales growth, excluding the 53rd week in 2023Fiscal 2024 Highlights
Identical Sales without fuel increased 1.5%Operating Profit of $3.8 billion; EPS of $3.67Adjusted FIFO Operating Profit of $4.7 billion and Adjusted EPS of $4.47Delivered more than $13B in digital sales17% increase in Media, excluding the 53rd week in 2023, contributed to $1.35B in Operating Profit from Alternative Profit BusinessesIncreased associate wages resulting in average hourly wage of more than $19 and rate of more than $25 with comprehensive benefits factored in, which is a 38% increase in rate in the last seven yearsCommenced a $5.0B Accelerated Share Repurchase Program to be completed under Kroger's $7.5B share repurchase authorization