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The grocer believes its drive to streamline its online operations is poised to pay off as it strives to cut expenses across ...
The Kroger Co.’s first-quarter earnings call presented a balanced view of both achievements and challenges. Significant growth was noted in e-commerce and fresh segments, alongside strategic ...
Kroger’s e-commerce sales were up 11%year over year during its latest quarter, and the grocer recorded $13 billion in e-commerce sales in fiscal 2024.
By optimizing e-commerce operations, Kroger aims to boost sales and achieve profitability in this growing segment.
Both retailers are back in cost-cutting mode after their megamerger failed. Here’s what to watch in the months ahead.
The grocery chain saw identical sales rise twice as fast as they did a year ago and posted an e-commerce sales gain of 25%.
Kroger plans nationwide store closures over 18 months to improve profitability. At least two stores in Virginia will likely close.
Discover Kroger's Q1 2025 earnings insights, including raised sales guidance, transformative strategies, e-commerce growth, and store optimization plans.
Kroger plans to close around 60 U.S. grocery stores over the next 18 months to improve efficiency. The Cincinnati-based company announced the plan during a corporate earnings call June 20.
Kroger results showed the company's same-store sales beat forecasts while its profit outlook for the year remained unchanged.
Kroger stock led S&P 500 gainers soon after the opening bell Friday as the grocery giant reported fiscal first-quarter profit and identical sales growth that came in above analysts' projections.
Kroger has announced it plans to close around 60 stores over the next 18 months. The announcement was made when the Cincinnati-based grocer put out a release on its first quarter results.