The Kroger Co. donated $3.5 million to support Hurricanes Harvey and Irma recovery efforts

CINCINNATI, 2017-Sep-19 — /EPR Retail News/ —  The Kroger Co. (NYSE: KR) and its family of stores announced today (Sept. 18, 2017) it has donated $3.5 million, to date, to support recovery efforts in regions affected by Hurricanes Harvey and Irma.

“I’m proud of how quickly the Kroger team was able to mobilize after the storms to provide our associates, customers and trusted partners with the resources they need to restore their lives and communities,” said Jessica Adelman, Kroger’s group vice president of corporate affairs. “While it has been a devastating time for so many, this is when Kroger is at its very best. Kroger will be there every step of the way to help our communities rebuild.”

The Kroger Co. Foundation provided $200,000 in grants to benefit food banks in the Atlanta and Houston regions. Collectively, with the support of its manufacturing teams and vendors, Kroger has supplied more than $1 million in product donations, including food, water, pet food and toiletries, to help local disaster-relief nonprofits aiding first responders, shelters and families.

Kroger has awarded $700,000 in financial grants to its associates through Helping Hands, an internal support fund that aids associates during hardships.

Across the country, customers have come together to support storm relief by giving $1.5 million at local stores to benefit the American Red Cross.

Along with product donations and financial support, the Kroger mobile pharmacy has visited affected regions to help refill thousands of medical prescriptions for displaced patients. Nurse practitioners from the company’s The Little Clinic are presently in Houston providing affected patients with free healthcare.

At The Kroger Co., we are dedicated to our purpose: to Feed the Human SpiritTM. We are 450,000 associates who serve nearly nine million customers in 2,793 retail food stores under a variety of local banner names in 35 states and the District of Columbia. Our Family of Companies operates an expanding ClickList offering – a personalized order online service – in addition to 2,258 pharmacies, 783 convenience stores, 307 fine jewelry stores, 222 retail health clinics, 1,472 supermarket fuel centers and 38 food production plants in the United States. Our Company has been recognized as one of America’s most generous companies for our 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. As a leader in supplier diversity, we are a proud member of the Billion Dollar Roundtable.

SOURCE: The Kroger Co.

New York’s most iconic cheese shop purchased by The Kroger Co.

CINCINNATI and NEW YORK, 2017-Feb-08 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today  (Feb. 7, 2017) announced it has purchased the equity of Murray’s Cheese, as well as its flagship location on Bleecker Street in New York City, to form a merger of the two companies.

“For cheese lovers and connoisseurs, it doesn’t get more authentic than Murray’s,” said Rodney McMullen, Kroger’s chairman and CEO. “Our customers are excited to buy the unique offerings of Murray’s Cheese right in our stores, and we’re excited to ensure this iconic cheese shop will remain a part of the Kroger family for many years to come.”

New York’s most iconic cheese shop, opened in 1940, Murray’s has been delivering the finest selection of cheese, meat and specialty food items to New Yorkers, chefs and cheese lovers nationwide through a robust online business. Since the two companies formed a unique partnership in 2008, Murray’s has offered the same fine foods and cheese expertise to the Kroger family of stores.

“When the Kroger and Murray’s relationship started in 2008, we wanted to figure out how to bring the finest cheese and charcuterie to more people,” said Daniel Hammer, Kroger’s vice president of culinary development and deli/bakery merchandising. “Today, we have more than 350 Murray’s Cheese shops in Kroger locations from coast to coast – and that is thanks to the incredible passion and commitment of the team at Murray’s to empower associates to share their love of cheese with customers. We look forward to learning from the very talented team at Murray’s and working together to grow the business and build the iconic Murray’s brand.”

Murray’s former owner and president, Rob Kaufelt, will remain affiliated with the business as a strategic adviser. Nick Tranchina will continue to lead the Murray’s Cheese team in New York and will report to Daniel Hammer at Kroger.

“Rob’s dedication to his craft has placed Murray’s on the map among the culinary elite while also making specialty cheese more accessible to mainstream consumers,” said Mr. McMullen. “We look forward to Rob’s continued influence on the business, helping to tell the Murray’s Cheese story and building its brand.”

“It has been my honor and privilege to work with so many tremendous, talented people over the course of my 45-year career in food retail, especially the last 25 years at Murray’s here in New York City,” said Mr. Kaufelt.  “When I set out on this journey, my goal was simply to run the best cheese shop in Greenwich Village. I’m proud that we’ve been able to maintain the spirit and service of a mom-and-pop neighborhood shop amidst our growth into the national market. I am pleased to pass the torch to our able staff, who will carry Murray’s into the future.”

Murray’s Cheese shops in Kroger stores replicate the same experience customers enjoy at its Greenwich Village flagship store. Each shop carries hundreds of cheeses, charcuterie, olives, crackers and specialty food items from all over the world. Murray’s is deeply involved with product selection, staff training & development, merchandising and promotions.

Other highlights of the special partnership between Murray’s Cheese and Kroger include:

  • In December 2016, Kroger and Murray’s Cheese opened their 350th store location in Bloomington, IN. At the time, Mr. Kaufelt said: “This is an exciting milestone for Murray’s and the specialty cheese industry. In 2008, we pioneered a store-within-a-store concept at a handful of Kroger stores. Between 2008 and 2012, we opened 38 stores, and in 2016 we opened nearly 100. This partnership has exceeded our wildest expectations.”
  • Murray’s staff has trained thousands of Cheese Mongers and Certified Cheese Professionals through its relationship with Kroger. Between the two companies, the American Cheese Society named as Certified Cheese Professionals 29 team members in 2016, 20 in 2015, and 13 in 2014.

Financial terms of the merger were not disclosed.

About Murray’s Cheese:
Since its founding in 1940, the mission of Murray’s Cheese is to bring the best cheese selection to the United States and to educate customers about cheese. Murray’s Bleecker Street and Grand Central Terminal flagship stores offer hundreds of domestic and imported artisan cheeses, along with a large selection of charcuterie and specialty goods. Follow Murray’s on Facebook, Twitter and Instagram @MurraysCheese. For a list of locations, visit murrayscheese.com/locations.

About Kroger:
Every day, the Kroger Family of Companies makes a difference in the lives of eight and a half million customers and 443,000 associates who shop or serve in 2,796 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 2,253 pharmacies, 787 convenience stores, 324 fine jewelry stores, 1,439 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.

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

SOURCE: The Kroger Co.

The Kroger Co. to webcast annual meeting of shareholders on Thursday, June 23, 2016

CINCINNATI, 2016-Jun-10 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) announced today it will webcast the annual meeting of shareholders beginning at 11 a.m. (ET) on Thursday, June 23, 2016.

The meeting will be broadcast online at ir.kroger.com.  Click on “Events, Presentations & Webcasts”to access the event.  An on-demand replay of the webcast will be available at approximately 1 p.m.(EDT) Thursday, June 23.

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.

The Kroger Co. earns place in the 2016 Newsweek Green Rankings

CINCINNATI, 2016-Jun-10 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today announced that is has earned a place in the 2016 Newsweek Green Rankings.

The Newsweek Green Rankings assess the 500 largest publicly-traded companies in the United States and the 500 largest publicly-traded companies globally on overall environmental performance.

“We appreciate being named in Newsweek’s 2016 Green Rankings for Kroger’s efforts to drive sustainability and innovation in the supply chain,” said Jessica Adelman, Kroger’s group vice president of corporate affairs. “Kroger’s improvement of 68 places on the list is a good indicator of our sustainability progress, but we are not done taking steps to reduce our impact on the environment.”

Highlights of Kroger’s Sustainability Progress

  • Kroger is reducing its carbon footprint. Kroger’s aggressive work in energy management has enabled them to reduce overall energy consumption in Kroger stores by 35%. Even though Kroger continues to grow in size and sales, its emissions stated on a (metric ton CO2e)/1,000 sf. basis continues its long-term decline.
  • Moving toward the EPA’s Zero Waste threshold of 90%, in all Kroger retail locations. One of Kroger’s key sustainability priorities is moving its facilities toward “zero waste”. Whether it is diverting waste from landfills, reducing packaging, recycling plastic bags, or donating safe, perishable foods to food banks, Kroger is increasing recycling rates ad finding cost-effective and responsible alternatives for its waste.
  • Kroger is feeding the hungry. Kroger’s number one community priority is to support organizations that bring food and hope to our hungry neighbors. A founding partner of Feeding America, the nation’s largest domestic hunger agency, Kroger worked with more than 100 local food banks in 2015 to donate the equivalent of 276 million meals.
  • Kroger is creating jobs. Over the last eight years, Kroger has created more than 74,000 new jobs. This figure does not include jobs created as a result of capital investment, such as temporary construction jobs, nor does it include increases due to mergers.

Learn more about Kroger’s sustainability progress and download the full sustainability report at www.kroger.com/sustainability.

For more information about the 2016 Newsweek Green Rankings, created in partnership with Corporate Knights and HIP Investor, visit http://www.newsweek.com/green-2016.

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.

The Kroger Co. Q1 conference call on Thursday, June 16, 2016

CINCINNATI, 2016-Jun-03 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) will host a conference call with investors on Thursday, June 16, 2016 at 10 a.m. (ET) to discuss financial results for the first quarter 2016.

The presentation will be broadcast online at ir.kroger.com. Click on “Quarterly Results” to access the event. An on-demand replay of the webcast will be available at approximately 1 p.m. (ET) on Thursday, June 16, 2016.

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

The Kroger Co. expanded the store locations included in the recall of two green peas products

CINCINNATI, 2016-May-31 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today announced it has expanded the store locations included in a recall of two green peas products, Pictsweet Steamable Green Peas and Kroger Green Peas, announced previously by The Pictsweet Company.

Both products were included in a recall initiated earlier this month by supplier CRF Frozen Foodsbecause they may be contaminated with Listeria monocytogenes, an organism which could result in severe illness to those individuals who may consume these products. No customer illnesses have been reported to date.

Kroger has removed the following items from store shelves and initiated its customer recall notification system that alerts customers who may have purchased recalled Class 1 products through register receipt tape messages and phone calls.

Product UPC Code Size
Kroger Green Peas 0001111081918

Best By: 
March 2016
32 oz
Pictsweet Steamable Green Peas 0007056097901 Best By: 6/27/16
9/2/16; 9/13/16
10 oz.

Kroger has expanded its recall of Kroger Green Peas to include products sold in Kroger stores in the following states: northern Alabama, Kentucky, Louisiana, North Carolina, central and eastern Tennessee, Texas, Virginia and West Virginia.

The company has expanded its recall of Pictsweet Steamable Green Peas to include products sold in Kroger, Dillons, Bakers, Gerbes, Food 4 Less (Midwest), and Jay-C locations in the following states: Alabama, Arkansas, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, North Carolina, Ohio, South Carolina, Tennessee, Texas, Virginia, and West Virginia.

Both products were previously recalled in Fry’s, King Soopers, City Market, Ralphs, Food 4 Less (west coast), Smith’s, QFC, and Fred Meyer stores in the following states: Alaska, Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming.

Customers who have purchased any of the products described above should not consume them and should return them to a store for a full refund or replacement.

Customers who have questions may contact Kroger at 1-800-KROGERS, Monday through Friday 8:00 am to 12:00 am EDT and Saturday through Sunday 8:00 am to 9:00 pm EDT.

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.

The Kroger Co. announced $1m donation and multi-faceted program to engage customers and honor our heroes all summer

Company Kicks Off Memorial Day with Plans to Support Servicemen and Women This Summer, Including a $1 Million Donation to the USO

CINCINNATI, 2016-May-31 — /EPR Retail News/ — To show support for our heroes – service members, their families and veterans – The Kroger Co. (NYSE: KR) today announced a $1 million donation and a multi-faceted program to engage customers and honor our heroes all summer.

“Kroger is deeply grateful to our military men and women and their families for their selflessness, service and sacrifices,” said Jessica Adelman, Kroger’s group vice president of corporate affairs. “Whether through hiring returning service members, supporting the USO’s programs or sharing a taste of home through special events, Kroger is committed to our troops and their families.”

More than two million Americans serve on active duty or in the reserves today, including many Kroger family of stores associates. Kroger’s “Honoring Our Heroes” program is designed to show Kroger’s deep gratitude to our active duty service members and our nation’s 23 million veterans through the company’s partnership with the USO.

Kroger’s customers and associates have enthusiastically supported the endeavor: Together, Kroger annual campaign has raised more than $14 million since 2010 to support USO programs, which represents the largest cumulative gift to the USO in its 75-year history.

To honor our heroes, Kroger announced several easy ways for customers to participate this Memorial Day season and throughout the summer:

  • Help Raise an Additional $1 Million for Our Troops
    Kroger invites its customers to join forces with them to donate an additional $1 million to the USO by giving through register scan cards and coin boxes at every store or by donating online at HonoringOurHeroes.com. All funds raised from customers will be additional to Kroger’s $1 million commitment. Any size gift will help the USO continue its mission to keep service members connected to family, home and country throughout their service to our nation.
  • Gift Card Donations
    Customers may purchase special donation gift cards in $5, $10 and $15 denominations that will be delivered to USO centers around the world. In addition, shoppers can share their spirit with loved ones by purchasing patriotic banner gift cards to give as gifts, maybe to someone in the family who is (or was) a service member or someone in the community who is especially patriotic.
  • Meet Our Heroes
    Kroger has hired more than 32,000 veterans since 2009, and the “Meet Our Heroes” section on Kroger’s website highlights some of the many team members who have served in the military. Customers can visit HonoringOurHeroes.com to become inspired by Kroger’s own associates’ stories of courage, then write a special message of their own to America’s heroes. By posting on social media channels using the #HonoringOurHeroes hashtag, the message will automatically show up on the official website. In addition, many of the messages will be broadcast on special digital outdoor billboards.
  • A Summer to Remember
    Treating troops and their families to a dinner together is a token of the company’s appreciation for the many family dinners they missed while deployed. Kroger associates look forward to volunteering at three upcoming events:

    • On May 24, they joined the USO to serve lunch and dinner to 1,000 service members at Joint Base Elmendorf–Richardson in Anchorage.
    • On June 3, they will join the USO to host a beachside BBQ for 1,000 veterans, active duty soldiers and their families in Virginia Beach as part of Warrior Week.
    • On June 7, they will join the USO to host a rib roast at Ft. Riley, Kansas, for 1,000 military families as they celebrate Victory Week, the anniversary of their base.
  • Share a Coke
    With every click, The Coca-Cola Company will donate a refreshing Coke to the troops, up to 100,000, on Kroger’s behalf. Consumers can use the hashtags #HonoringOurHeroes #USO #ShareaCoke to spread the message with their friends and followers.

To find out more about these many programs, visit https://www.honoringourheroes.com/

About the USO
The USO strengthens America’s military service members by keeping them connected to family, home and country, throughout their service to the nation. At hundreds of locations worldwide, we are united in our commitment to connect our service members and their families through countless acts of caring, comfort, and support. The USO is a private, non-profit organization, not a government agency. Our programs, services and entertainment tours are made possible by the American people, support of our corporate partners and the dedication of our volunteers and staff. To join us in this important mission, and to learn more about the USO, please visit uso.org.

About Kroger
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.

The Kroger Co. investment will significantly accelerate Lucky’s Market’s growth in new and existing markets

Strategic partnership will benefit customers and accelerate growth in new and existing markets by combining Kroger’s scale and experience with Lucky’s best products, practices and techniques

CINCINNATI and BOULDER, Colo., 2016-Apr-04 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) announced a strategic partnership with Lucky’s Market, a specialty grocery store chain focused on natural, organic and locally-grown products.  Kroger has made a meaningful investment in Lucky’s, which will significantly accelerate Lucky’s Market’s growth in new and existing markets.  The financial terms of the transaction, which closed today, were not disclosed.

Founded in 2003 and based near Boulder, CO, Lucky’s Market and its affiliates employ more than 1,800 associates and operate 17 stores in 13 states throughout the Midwest and Southeast United States.  Lucky’s “Organic for the 99%” store format emphasizes its expansive selection of natural and organic food, including fresh produce, meat and seafood, prepared foods and baked goods, as well as wine and beer and personal care goods.  With stores averaging approximately 30,000 square feet, Lucky’s layout resembles an indoor farmers market, with “garage door” entrances, field bins, barrels and wooden crates.   Its culinary department showcases great tasting, restaurant-quality prepared foods made from recipes that include those developed by CEO and former chef Bo Sharon and his wife Trish.  Through its “L” private label, Lucky’s provides a broad range of grocery items at great value that have no artificial colors, flavors or preservatives, and 10% of profits from its private label are reinvested in the communities it serves.

This strategic partnership is designed to further enhance the best products, practices and techniques Lucky’s Market has to offer.  These strengths, combined with Kroger’s scale and experience, will in turn create benefits for customers and help Lucky’s Market grow over time.  This alliance also demonstrates Kroger’s deep ongoing commitment to providing customers with affordable fresh organic and natural foods as a part of its Customer 1st strategy.  Kroger’s affiliate Main & Vine also recently launched a community-focused grocery store concept in Gig Harbor, WA that mixes local, specialty and everyday products, all at affordable prices.

Sagent Advisors, LLC and Wilson Sonsini Goodrich & Rosati acted as financial advisor and legal advisor, respectively, to Lucky’s Market. Weil, Gotshal & Manges LLP acted as legal advisor to Kroger.

About Kroger
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.

About Lucky’s Market
Lucky’s Market was started in 2003 by two chefs, Trish and Bo Sharon, when they bought a convenience store in Boulder, CO. The Sharons shared a vision of creating a grocery store chain where food lovers like themselves would want to shop, with organic, natural and local foods sold at affordable prices with genuine personal service. Today, those goals remain the hallmarks of the Lucky’s mission.

Forward-Looking Statements
This press release contains certain statements that constitute “forward-looking statements” about the future performance of Kroger. These statements are based on management’s assumptions and beliefs in light of the information currently available to it. These statements are indicated by words such as “will,” “expect,” “intend,” “guidance,” and similar words.  Various uncertainties and other factors could cause actual results to differ materially from those contained in the forward-looking statements. These include the specific risk factors identified in “Risk Factors” and “Outlook” in Kroger’s annual report on Form 10-K for the last fiscal year and any subsequent filings, as well as the following:

Kroger’s ability to achieve sales, earnings and cash flow goals may be affected by: labor negotiations or disputes; changes in the types and numbers of businesses that compete with Kroger; pricing and promotional activities of existing and new competitors, including non-traditional competitors, and the aggressiveness of that competition; Kroger’s response to these actions; the state of the economy, including interest rates, the inflationary and deflationary trends in certain commodities, and the unemployment rate; the effect that fuel costs have on consumer spending; volatility of fuel margins; changes in government-funded benefit programs; manufacturing commodity costs; diesel fuel costs related to Kroger’s logistics operations; trends in consumer spending; the extent to which Kroger’s customers exercise caution in their purchasing in response to economic conditions; the inconsistent pace of the economic recovery; changes in inflation or deflation in product and operating costs; stock repurchases; Kroger’s ability to retain pharmacy sales from third party payors; consolidation in the healthcare industry, including pharmacy benefit managers; Kroger’s ability to negotiate modifications to multi-employer pension plans; natural disasters or adverse weather conditions; the potential costs and risks associated with potential cyber-attacks or data security breaches; the success of Kroger’s future growth plans; and the successful integration of Harris Teeter and Roundy’s.  Kroger’s ability to achieve sales and earnings goals may also be affected by Kroger’s ability to manage the factors identified above.  Kroger’s ability to execute its financial strategy may be affected by its ability to generate cash flow.

Kroger assumes 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.


Media Contacts

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

SOURCE The Kroger Co.

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

The Kroger Co. reports net earnings of $428 million in the third quarter of fiscal 2015

  • ID Sales Up 5.4% Without Fuel; Raises Annual ID Sales Guidance
  • Q3 EPS of $0.43; Raises 2015 EPS Guidance to $2.02 to $2.04

Third Quarter 2015 Highlights:

  • Achieved 48 th consecutive quarter of positive identical supermarket sales growth, excluding fuel
  • Exceeded goal to slightly expand FIFO operating margin, without fuel, on a rolling four quarters basis
  • Leveraged operating expenses as a rate of sales due to strong cost controls and identical supermarket sales growth

CINCINNATI, 2015-12-7 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today reported net earnings of $428 million, or $0.43 per diluted share, and identical supermarket sales growth, without fuel, of 5.4% in the third quarter of fiscal 2015.

Net earnings in the same period last year were $362 million, or $0.36 per diluted share, including the benefit of certain tax items. Excluding this, Kroger’s adjusted net earnings were $345 million, or $0.35 per diluted share, for the third quarter of fiscal 2014.

Comments from Chairman and CEO Rodney McMullen “Our associates delivered another quarter of excellent identical supermarket sales and earnings results that provide great momentum as we head into the holiday season. Kroger’s consistent results demonstrate once again that our relentless focus on customers is the key to sustainable shareholder returns. We continue to implement our growth plan and expect to exceed our longterm net earnings per diluted share growth rate for fiscal 2015.”

Details of Third Quarter 2015 Results
As a result of lower retail fuel prices, total sales increased 0.4% to $25.1 billion in the third quarter compared to $25.0 billion for the same period last year. Total sales, excluding fuel, increased 5.5% in the third quarter over the same period last year.

Kroger recorded a $9 million LIFO charge during the third quarter compared to an $85 million LIFO charge in the same quarter last year.

FIFO gross margin was 22.4% of sales for the third quarter. Excluding retail fuel operations, FIFO gross margin decreased 4 basis points from the same period last year.

Total operating expenses – excluding retail fuel operations, a $25 million contribution to The Kroger Co. Foundation in the third quarter of 2014, and an $80 million contribution to the UFCW Consolidated Pension Plan in the third quarter of 2015 – decreased 23 basis points as a percent of sales compared to the prior year.

On a rolling four quarters basis – excluding fuel, the 2014 and 2013 adjustment items, the contribution to The Kroger Co. Foundation in the third and fourth quarters of 2014, and the contribution to the UFCW Consolidated Pension Plan in the fourth quarter of 2014 and third quarter of 2015 – the company’s FIFO operating margin increased 18 basis points.

Return on invested capital (ROIC), on a rolling four quarters basis, was 14.16%. The prior year third quarter calculation does not include a full year of Harris Teeter assets and results, so the company is not presenting a comparative number. Kroger continues to expect fiscal 2015 ROIC to increase from the fiscal 2014 result.

Financial Strategy Kroger’s long-term financial strategy is to use its financial flexibility to drive growth while also returning capital to shareholders. Maintaining its current investment grade debt rating allows the company to use its cash flow to take advantage of strategically and financially compelling opportunities and to continue its fill-in strategy, repurchase shares and fund the dividend, which is expected to increase over time.

Kroger’s strong financial position allowed the company to return more than $1.1 billion to shareholders through share buybacks and dividends over the last four quarters. During the third quarter, Kroger repurchased 853 thousand common shares for a total investment of $31 million.

Capital investments, excluding mergers, acquisitions and purchases of leased facilities, totaled $832 million for the third quarter, compared to $681 million for the same period last year.

The company’s net total debt to adjusted EBITDA ratio decreased to 1.99, compared to 2.27 during the same period last year (see Table 5).

Fiscal 2015 Guidance
Based on its strong year-to-date results, Kroger raised its net earnings per diluted share guidance to a range of $2.02 to $2.04 for fiscal 2015. The previous guidance was $1.92 to $1.98 per diluted share. This range exceeds the company’s long-term net earnings per diluted share growth rate guidance of 8 – 11%, plus a growing dividend.

For the fourth quarter of fiscal 2015, Kroger expects identical supermarket sales growth, excluding fuel, of 4.0% to 4.5%. This implies an annual growth rate of approximately 5.0% to 5.25% for fiscal 2015.

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’s Million Dollar Club.

Note: Fuel sales have historically had a low FIFO gross margin rate and operating expense rate as compared to corresponding rates on non-fuel sales. As a result Kroger discusses the changes in these rates excluding the effect of retail fuel operations.

Please refer to the supplemental information presented in the tables for reconciliations of the non-GAAP financial measures used in this press release to the most comparable GAAP financial measure and related disclosure.

This press release contains certain statements that constitute “forward-looking statements” about the future performance of the company. These statements are based on management’s assumptions and beliefs in light of the information currently available to it. These statements are indicated by words such as “expect,” “anticipate,” “believe,” “guidance,” “plans,” “committed,” “goal,” “will” and “continue.” Various uncertainties and other factors could cause actual results to differ materially from those contained in the forward-looking statements. These include the specific risk factors identified in “Risk Factors” and “Outlook” in Kroger’s annual report on Form 10-K for the last fiscal year and any subsequent filings, as well as the following:

• Kroger’s ability to achieve sales, earnings and cash flow goals may be affected by: labor negotiations or disputes; changes in the types and numbers of businesses that compete with Kroger; pricing and promotional activities of existing and new competitors, including non-traditional competitors, and the aggressiveness of that competition; Kroger’s response to these actions; the state of the economy, including interest rates, the inflationary and deflationary trends in certain commodities, and the unemployment rate; the effect that fuel costs have on consumer spending; volatility of fuel margins; changes in government-funded benefit programs; manufacturing commodity costs; diesel fuel costs related to Kroger’s logistics operations; trends in consumer spending; the extent to which Kroger’s customers exercise caution in their purchasing in response to economic conditions; the inconsistent pace of the economic recovery; changes in inflation or deflation in product and operating costs; stock repurchases; Kroger’s ability to retain pharmacy sales from third party payors; consolidation in the healthcare industry, including pharmacy benefit managers; Kroger’s ability to negotiate modifications to multi-employer pension plans; natural disasters or adverse weather conditions; the potential costs and risks associated with potential cyber-attacks or data security breaches; the success of Kroger’s future growth plans; and the successful integration of Harris Teeter. Kroger’s ability to achieve sales and earnings goals may also be affected by Kroger’s ability to manage the factors identified above. Kroger’s ability to execute its financial strategy may be affected by its ability to generate cash flow.

• During the first three quarters of each fiscal year, Kroger’s LIFO charge and the recognition of LIFO expense is affected primarily by estimated year-end changes in product costs. Kroger’s fiscal year LIFO charge is affected primarily by changes in product costs at year-end.

Kroger assumes 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.

Note: Kroger’s quarterly conference call with investors will be broadcast live online at 10 a.m. (ET) on December 3, 2015 at ir.kroger.com. An on-demand replay of the webcast will be available from approximately 1 p.m. (ET) Thursday, December 3 through Thursday, December 17, 2015.

3 rd Quarter 2015 Tables Include:

1. Consolidated Statements of Operations
2. Consolidated Balance Sheets
3. Consolidated Statements of Cash Flows
4. Supplemental Sales Information
5. Reconciliation of Total Debt to Net Total Debt and Net Earnings Attributable to The Kroger Co. to Adjusted EBITDA
6. Net Earnings Per Diluted Share Excluding the Adjustment Items
7. Return on Invested Capital

Contacts: Media: Keith Dailey (513) 762-1304; Investors: Cindy Holmes (513) 762-4969

The Kroger Co. to host conference call with investors on Thursday, December 3, 2015

CINCINNATI, 2015-11-20 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) will host a conference call with investors on Thursday, December 3, 2015 at 10:00 a.m. (ET) to discuss financial results for the third quarter 2015.

The presentation will be broadcast online at ir.kroger.com. Click on “Quarterly Results” to access the event.  An on-demand replay of the webcast will be available from approximately 1 p.m. (ET) Thursday, December 3 through Thursday, December 17, 2015.

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.

SOURCE The Kroger Co.

Ralphs Grocery Company to carry new line of corporate brand products — HemisFares Brand

LOS ANGELES, 2015-10-7 — /EPR Retail News/ — Ralphs Grocery Company is pleased to announce that its stores will carry a new line of corporate brand products, imported directly from the most food-rich regions of the world.

Ralphs parent company, The Kroger Co, developed the new brand called HemisFares™.  HemisFares is a guided tour of the best-of-the-best tastes the planet has to offer – found exclusively at the Kroger family of stores, including Ralphs stores in Southern California.

Kroger introduced the brand with 27 authentic Italian products currently on shelves in Ralphs stores and plans to add more products and countries soon.

“Just like American barbeque can mean many different flavors: spicy, smoky, more of a vinegar base, Italian food changes considerably as you travel across the country,” said Gil Phipps, Kroger vice president of Corporate Brands. “Imagine landing in Italy and getting an in-depth, guided tour from village to village, experiencing the single best example of the most beloved foods from each region. Our goal with HemisFares is to bring only the best food finds to our customers.”

Kroger is working side-by-side with the best food connoisseurs, some with decades of experience, to identify the most delectable, regional culinary treasures from around the world. Kroger’s Corporate Brands team travels to those regions, diving into what makes each edible treasure and locality unique. Gelato, for example, originated in Sicily. HemisFares Sicilian Gelato is made from grass-fed cows who roam the Sicilian countryside. These cows are milked daily and provide the fresh cream used to make the rich and creamy HemisFares Sicilian Gelato that is sold on Kroger shelves.

The packaging on each product is also unique, as it tells the story of the food find. It takes customers on a journey, explaining precisely where it came from and what makes that product the best-of-the-best. Each HemisFares item has a “find number” on the packaging to direct customers to other similar products in the HemisFares brand that they may enjoy.

Customers can expect additional HemisFares products over the next year, from regions including Spain, Japan and others.

“Whether you’re epi-curious or just like eating and sharing incredibly tasty food, when you see our HemisFares brand, you can trust the product within is the best this planet has to offer – bar none,” said Phipps. “We’re sure customers will enjoy them as much as we enjoy finding them. So, join us on ‘A Journey of Epicurean Proportions.'”

About Ralphs
Ralphs Grocery Company was founded in 1873 and currently operates 209 supermarkets from its headquarters in Los Angeles. Last year, Ralphs contributed more than $6 million to support education, hunger relief, women’s health and local nonprofit organizations in the communities served by the company’s stores. Ralphs is a subsidiary of The Kroger Co., (NYSE:KR), one of the nation’s largest food retailers, based in Cincinnati, Ohio. For more about Ralphs, please visit our web site at www.ralphs.com.

About Kroger
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.

SOURCE: Ralphs Grocery Company

The Kroger Co. launches new line of brand products, imported directly from the most food-rich regions of the world — the HemisFares™

CINCINNATI, 2015-10-3 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today announced a new line of corporate brand products, imported directly from the most food-rich regions of the world. HemisFares™ is a guided tour of the best-of-the-best tastes the planet has to offer – found exclusively at the Kroger family of stores.

Kroger introduced the brand with 27 authentic Italian products currently on shelves, and plans to add more products and countries soon.

“Just like American barbeque can mean many different flavors: spicy, smoky, more of a vinegar base, Italian food changes considerably as you travel across the country,” said Gil Phipps, Kroger vice president of Corporate Brands. “Imagine landing in Italy and getting an in-depth, guided tour from village to village, experiencing the single best example of the most beloved foods from each region. Our goal with HemisFares is to bring only the best food finds to our customers.”

Kroger is working side-by-side with the best food connoisseurs, some with decades of experience, to identify the most delectable, regional culinary treasures from around the world. Kroger’s Corporate Brands team travels to those regions, diving into what makes each edible treasure and locality unique. Gelato, for example, originated in Sicily. HemisFares Sicilian Gelato is made from grass-fed cows who roam the Sicilian countryside. These cows are milked daily and provide the fresh cream used to make the rich and creamy HemisFares Sicilian Gelato that is sold on Kroger shelves.

The packaging on each product is also unique, as it tells the story of the food find. It takes customers on a journey, explaining precisely where it came from and what makes that product the best-of-the-best. Each HemisFares item has a “find number” on the packaging to direct customers to other similar products in the HemisFares brand that they may enjoy.

Customers can expect additional HemisFares products over the next year, from regions including Spain, Japan and others.

“Whether you’re epi-curious or just like eating and sharing incredibly tasty food, when you see our HemisFares brand, you can trust the product within is the best this planet has to offer – bar none,” said Phipps. “We’re sure customers will enjoy them as much as we enjoy finding them. So, join us on ‘A Journey of Epicurean Proportions.”

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.

SOURCE The Kroger Co.

The Kroger Co. will hold open interviews nationwide on Tues., Sept. 15, for all veterans and their family members

Kroger Family of Stores Hiring 20,000 Employees Nationwide

CINCINNATI, OH, 2015-8-25— /EPR Retail News/ — The Kroger Co. (NYSE: KR) family of stores today announced it will hold open interviews nationwide on Tues., Sept. 15, for all veterans and their family members.  Nationwide, the company is hiring to fill an estimated 20,000 permanent positions in its supermarket divisions.

Veterans and their family members need only to fill out on application online at jobs.kroger.com by Sept. 13, and then return to a store on Sept. 15, between 10 a.m. and 1 p.m. (no appointment necessary).

Kroger hired more than 6,000 veterans in 2014, and has hired more than 29,000 veterans since 2009 as part of its commitment to active duty troops and the nation’s 23 million veterans through “Honoring Our Heroes,” a multi-faceted program the company designed to show its deep gratitude.

In addition, Kroger is proud to have helped the “100,000 Jobs Mission” surpass its original goal in January 2014, seven years early. The “100,000 Jobs Mission” is a coalition of more than 130 companies with the common goal of hiring more than 100,000 transitioning service members and military veterans by 2020.

“Kroger is deeply committed to the nation’s veterans and their families, and we continue to seek out opportunities to honor heroes through career opportunities,” said Tim Massa, Kroger’s group vice president of human resources and labor relations. “Kroger is a place where you can come for a job and stay for a career,” he said, noting that about 70 percent of Kroger’s store managers started as part-time clerks.

“Kroger is a company that veterans can be proud to work for because of its robust involvement in our local communities,” said Clifton Thomas, Kroger’s category strategy manager for Corporate Brands and Marine Corps Veteran. “It has given me the opportunity to be part of a team and connect to something bigger.”

The online application requests an email address, employment history and education information and takes about 30 minutes to complete.

Through the Honoring Our Heroes program, Kroger stores have raised more than $11.9 million since 2010 to help support USO programs, which represents the largest cumulative gift to the USO in its nearly 75-year history.

Kroger, one of the world’s largest retailers, employs nearly 400,000 associates who serve customers in 2,626 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 780 convenience stores, 327 fine jewelry stores, 1,342 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.

CINCINNATI, SOURCE The Kroger Co.

The Kroger Co. announces the establishment of two new supermarket divisions in Texas, Dallas and Houston divisions

New Structure Will Support Significant Investment in Dallas-Fort Worth and Houston Markets 

CINCINNATI, OH, 2015-8-19— /EPR Retail News/ — The Kroger Co. (NYSE: KR) today announced the establishment of two new supermarket divisions, a Dallas division and a Houston division. Previously, both markets were served as part of Kroger’s Southwest division.

Kroger also announced that Dana Zurcher has been promoted to serve as president of the company’s new Dallas division. Bill Breetz, who has been serving as president of the Southwest division since 2002, will continue to oversee operations in Texas and Louisiana for the remainder of the year, and serve as president of the new Houston division.

“Kroger is committed to growing and serving our customers in the great state of Texas, and in our important Louisiana markets,” said Rodney McMullen, Kroger’s chairman and CEO.

The company has previously outlined capital investment plans of approximately $700 million in Dallas-Fort Worth and $500 million in Houston over the next three years.

“We see opportunities for growth in both Dallas and Houston thanks in large part to Bill’s leadership the past 13 years,” Mr. McMullen added. “This move will bring resources closer to our store teams, customers, and communities.”

Kroger’s new Dallas division includes 105 stores in the Dallas and Fort Worth markets and in the Shreveport and Alexandria, Louisiana area. The new Houston division includes 109 stores in the greater Houston region, as well as stores in Lake Charles, Louisiana.

Dana Zurcher Named President of New Dallas Division

Dana Zurcher, currently vice president of operations for the Southwest division, has been promoted to president of Kroger’s Dallas division, effective October 1.

“Dana’s experience spans several retail divisions, and she understands nearly every aspect of our business,” said Mr. McMullen. “She is an exceptional leader who is known for helping associates discover their full potential. We are excited to have Dana lead our team in Dallas.”

Ms. Zurcher brings 30 years of leadership experience to her new role. She began her Kroger career in Indianapolis store management in 1985. She served in a number of leadership roles in the Central division, including store manager and district coordinator. In 2002, she was named a district manager in the company’s Fry’s division in Phoenix. In 2008, she was promoted to director of operations for the Ralphs division in Los Angeles, where she served until she was promoted to vice president of operations for Kroger’s Mid-South division in 2011. She has served in her current role since 2013.

Kroger, one of the world’s largest retailers, employs nearly 400,000 associates who serve customers in 2,626 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 780 convenience stores, 327 fine jewelry stores, 1,342 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.

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Tesco: dunnhumby opened way to work with other North American retailers and FMCG clients following a restructuring of its relationship with The Kroger Co

Cheshunt, England, 2015-4-28 — /EPR Retail News/ — dunnhumby, the leading customer science company, has opened the way to work with other North American retailers and FMCG clients following a restructuring of its relationship with The Kroger Co (“Kroger”).

dunnhumby and Kroger will replace the existing exclusive joint venture with more flexible long-term license and service agreements.

North America represents a highly attractive market and significant opportunity for dunnhumby to market its customer science and data-driven insight and media products to retailers, consumer brands and media partners.

Under the new agreements, dunnhumby’s proven insight products and data expertise will now be deployed to capture the substantial, previously unavailable potential the North American market represents. dunnhumby will be free to work with new retail and FMCG clients and to develop its existing strong platform of client relationships in the US and globally.

dunnhumby is wholly owned by Tesco Plc.

Simon Hay, CEO of dunnhumby, said:

“We are excited to bring our insights and capabilities to more of the North American market.  The wider US market is a fantastic opportunity for dunnhumby to help more retailers and brands undertake a similar journey using data-driven insights and media to delight their customers and earn their loyalty.”

Notes for editors

dunnhumby and Kroger have operated an exclusive joint venture in the United States since 2003 in which dunnhumby provides customer science and insight products to Kroger. This relationship has been an important part of Kroger’s strategy to use innovative data science to drive growth across the business through a single focus on the customer and a personalised experience.

dunnhumby has offices in 29 countries and analyses customer data in 75 countries. Its proprietary software and analytics process the shopping transactions of 770 million customers, representing over $500 billion in retail sales in over 26,000 stores and 40 countries globally. 15,000 retail and consumer packaged goods professionals worldwide use dunnhumby products to provide valuable customer insights and solutions.

dunnhumby is wholly owned by Tesco Plc. Tesco announced a review of the strategic options for dunnhumby on 8 January 2015.

For more information please contact the Tesco Press Office on 01992 644645

We are a team of over 500,000 people in 12 markets dedicated to providing the most compelling offer to our customers.

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