Tag Archives: King Soopers

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Kroger’s King Soopers division president Russ Dispense to retire

CINCINNATI, 2016-Jun-03 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today announced that Russ Dispense, president of the company’s King Soopers division, plans to retire on July 1, after 51 years with the company.

“Throughout his distinguished career, Russ has always been known for his passion for the community, King Soopers and for people. His desire to see those who work with him grow and develop has changed the lives of our associates and touched the lives of our customers,” said Rodney McMullen, Kroger’s chairman and CEO. “Under Russ’s leadership King Soopers has grown significantly while remaining Colorado’s favorite grocery store in a highly-competitive market. Russ will end his incredible career as our longest-serving King Soopers president. We are grateful for his many years of exceptional service and leadership, and wish him, Debbie and their family all the best in retirement.”

A Colorado native, Mr. Dispense began his career in the supermarket industry in 1965, when he joined King Soopers as a courtesy clerk. He served in various leadership positions in stores and district management through the years, as well as at warehouses, manufacturing plants and administrative offices. Mr. Dispense was promoted to vice president of retail operations and merchandising for the King Soopers division in 1983. He also served as vice president of real estate. In 1999, he was promoted to president of Smith’s Food and Drug Stores in Salt Lake City. Russ was named to his current role as president of King Soopers/City Market division in 2001.

Mr. Dispense currently serves on the Board of Directors for Western Association of Food Chains, Children’s Hospital Colorado, and the Colorado Health Foundation. He has served as the Past Chairman of the Board for the Better Business Bureau, the Board of Directors for the Mountain States Employers Council, and the Rocky Mountain Food Dealers Association, as well as the State of Colorado Governor’s Advisory Council. He holds a degree in Business Administration from Western State College and is a graduate of the University of Southern California Food Industry Management Program.

Mr. Dispense has been married to his wife Debbie for 46 years. They are the proud parents of two grown children, Lisa and Marc, and have five grandsons.

His successor will be announced at a later date.

Every day, the Kroger Family of Companies makes a difference in the lives of eight and a half million customers and 431,000 associates who shop or serve in 2,778 retail food stores under a variety of local banner names in 35 states and the District of Columbia. Kroger and its subsidiaries operate an expanding ClickList offering – a personalized, order online, pick up at the store service – in addition to our 2,231 pharmacies, 784 convenience stores, 323 fine jewelry stores, 1,387 supermarket fuel centers and 38 food production plants in the United States. Kroger is recognized as one of America’s most generous companies for its support of more than 100 Feeding America food bank partners, breast cancer research and awareness, the military and their families, and more than 145,000 community organizations including schools. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable.

SOURCE The Kroger Co.

Kroger Family of Stores Media Contacts

The Kroger Co. – General Office

Keith Dailey
Director, Media Relations/Corporate Communications
Office: 513-762-1304
Cell: 513-257-4955
Email: keith.dailey@kroger.com

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The Kroger Co.: King Soopers and City Market stores in Colorado sign new labor agreements with UFCW Local 7

DENVER, 2015-12-18 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today announced that associates working at King Soopers and City Market stores in Colorado have ratified new labor agreements with UFCW Local 7.

“We are pleased to reach agreements that are good for our associates. These new contracts provide wage increases, affordable health care and ongoing investment in our associates’ pension fund to support their retirement,” said Russ Dispense, president of King Soopers and City Market. “I want to thank our associates for supporting these agreements and for the excellent service they provide to our customers every day.”

The contracts cover more than 10,000 associates working in 103 stores, 36 fuel centers and pharmacy technicians in 78 pharmacies in Colorado, including Denver, Boulder, Broomfield, Colorado Springs, Fort Collins, Grand Junction, Longmont, Parker and Pueblo.

Kroger, one of the world’s largest retailers, employs more than 400,000 associates who serve customers in 2,620 supermarkets and multi-department stores in 34 states and the District of Columbia under two dozen local banner names including Kroger, City Market, Dillons, Food 4 Less, Fred Meyer, Fry’s, Harris Teeter, Jay C, King Soopers, QFC, Ralphs and Smith’s.  The company also operates 786 convenience stores, 326 fine jewelry stores, 1,360 supermarket fuel centers and 37 food processing plants in the U.S.  Recognized by Forbes as the most generous company in America, Kroger supports hunger relief, breast cancer awareness, the military and their families, and more than 30,000 schools and community organizations. Kroger contributes food and funds equal to 200 million meals a year through more than 100 Feeding America food bank partners. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable and the U.S. Hispanic Chamber’sMillion Dollar Club.

SOURCE The Kroger Co.

Kroger Family of Stores Media Contacts

The Kroger Co. – General Office

Keith Dailey
Director, Media Relations/Corporate Communications
Office: 513-762-1304
Cell: 513-257-4955
Email: keith.dailey@kroger.com

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Kroger announced 10.5¢ per share quarterly dividend

CINCINNATI, 2015-9-18 — /EPR Retail News/ — The Kroger Co.’s (NYSE: KR) Board of Directors today declared a quarterly dividend of 10.5¢ per share to be paid on December 1, 2015, to shareholders of record as of the close of business on November 13, 2015.

In June, Kroger’s Board raised the quarterly dividend by approximately 13.5 percent. Kroger has delivered double-digit compound growth in its dividend since it was reinstated in 2006. The company continues to expect an increasing dividend over time.

Kroger, one of the world’s largest retailers, employs nearly 400,000 associates who serve customers in 2,623 supermarkets and multi-department stores in 34 states and the District of Columbia under two dozen local banner names including Kroger, City Market, Dillons, Food 4 Less, Fred Meyer, Fry’s, Harris Teeter, Jay C, King Soopers, QFC, Ralphs and Smith’s. The company also operates 781 convenience stores, 327 fine jewelry stores, 1,350 supermarket fuel centers and 37 food processing plants in the U.S. Recognized by Forbes as the most generous company in America, Kroger supports hunger relief, breast cancer awareness, the military and their families, and more than 30,000 schools and community organizations. Kroger contributes food and funds equal to 200 million meals a year through more than 100 Feeding America food bank partners. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable and the U.S. Hispanic Chamber’s Million Dollar Club.

This press release contains a forward-looking statement, as that term is defined in the Private Securities Litigation Reform Act of 1995, about the future performance of the company. This statement is based on management’s assumptions and beliefs in light of the information currently available to it. Such statement is indicated by the word “expect.” Our ability to continue to increase our dividend over time, will be affected by our inability to generate free cash flow at the levels anticipated and our failure to generate expected operating results. This forward-looking statement is subject to uncertainties and other factors that could cause actual results to differ materially. We assume no obligation to update the information contained herein. Please refer to Kroger’s reports and filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties.

SOURCE The Kroger Co.