Welcome to our dedicated page for Kroger news (Ticker: KR), a resource for investors and traders seeking the latest updates and insights on Kroger stock.
Kroger Co. (NYSE: KR) maintains its position as a leading U.S. food retailer through strategic initiatives across physical and digital markets. This news hub provides investors with essential updates on corporate developments, financial performance, and industry leadership.
Access timely press releases covering quarterly earnings, store expansions, sustainability efforts, and technological innovations. Our curated collection includes analysis of merger activity, private-label growth strategies, and competitive positioning within the grocery sector.
Key updates feature operational milestones like digital platform enhancements, pharmacy network developments, and community partnership programs. Track KR's responses to market trends, supply chain optimizations, and shareholder value initiatives through verified primary sources.
Bookmark this page for structured access to KR's official communications, enabling informed analysis of revenue drivers and long-term strategic direction. Regular updates ensure awareness of material developments affecting investment considerations.
The Kroger Co. (NYSE: KR) announced that CFO Gary Millerchip will speak at the virtual BMO 16th Annual Farm to Market Conference on May 19, 2021, at 8:00 a.m. ET. The presentation will be accessible via Kroger's investor relations website, where it will also be archived post-conference. Kroger aims to serve over nine million customers daily through its 2,800 retail stores and is committed to achieving #ZeroHungerZeroWaste communities by 2025.
The Kroger Co. (NYSE: KR) has launched the Go Fresh & Local Supplier Accelerator, inviting American growers and producers to apply for a partnership opportunity. Running from now until May 31, the program aims to discover new suppliers for Kroger's fresh departments. Fifteen finalists will be selected to present in August, competing for product placement, partnerships, and business coaching. Kroger aims to invest $10 billion in diverse suppliers by 2030, following a $4.1 billion investment in 2020, enhancing its commitment to providing fresh food to customers.
Kroger Health has launched Abbott's BinaxNOW™ COVID-19 Antigen Self Test, an over-the-counter rapid test for SARS-CoV-2, which has received FDA Emergency Use Authorization. The test offers results in just 15 minutes and can be used by individuals regardless of symptoms. Each kit includes two tests, facilitating better detection through serial testing.
Kroger Health continues its COVID-19 response efforts, having administered over 3.5 million vaccinations. The new at-home testing option aims to enhance diagnostic accessibility for Americans, supporting their return to normalcy.
The Kroger Co. (NYSE: KR) and Drone Express have initiated a pilot program for autonomous drone delivery aimed at enhancing Kroger's e-commerce capabilities. This innovation follows Kroger's impressive $10 billion e-commerce sales in 2020. The drone delivery system allows customers to receive groceries at their current location, including parks and beaches, with orders fulfilled within 15 minutes. The pilot will start test flights in Centerville, Ohio, with customer deliveries expected this spring, alongside a second pilot planned for Ralphs in California during summer.
Federman & Sherwood has launched an investigation into The Kroger Co. over a data breach impacting current and former employees. The company claims to have learned of the breach on January 23, 2021, but the incident reportedly occurred in December 2020. Kroger utilized Acellion for secure file transfers, exposing sensitive personal information, including names, email addresses, birthdates, Social Security numbers, and salary details. This breach raises serious concerns about the company's data security practices.
Home Chef and Skinnytaste have partnered to enhance meal options amid the rising trend of home cooking, driven by the pandemic. The collaboration features eight co-created recipes under 550 calories, catering to various dietary needs, with weekly offerings starting April 23, 2021, and running until June 18, 2021. As one of the leading meal kit services, Home Chef has delivered over 3.5 million meals monthly and is rated #1 in customer satisfaction since 2018. This collaboration aims to meet growing demand for healthier, convenient meal solutions.
The Kroger Co. (NYSE: KR) has announced the expansion of its Our Brands Recycling Program, enabling customers to recycle flexible plastic packaging from all private-label brands, including Simple Truth® and Private Selection®. This program, developed with TerraCycle, allows consumers to mail in packaging like snack and pet food bags, contributing to the company's Zero Hunger | Zero Waste initiative. Kroger reported record sales of over $26.2 billion for its private-label brands in 2020, highlighting strong consumer demand for sustainable solutions.
