Tag: Kroger

Walmart targets Cincinnati home delivery market with ‘transparency’ pitch | WCPO

Walmart targets Cincinnati home delivery market with ‘transparency’ pitch | WCPO

“The great low price you see on produce, on consumables, on soup and crackers, it’s always the same low price online as they are in stores,” said Walmart spokeswoman Molly Blakeman. “That’s a big deal.” Similarly, Walmart’s delivery fee of $9.95 per order doesn’t change if you hit a certain order threshold, she added, and […]

Reports indicate Kroger is losing its ‘fresh’ pricing advantage | Food Dive

Reports indicate Kroger is losing its ‘fresh’ pricing advantage | Food Dive

Dive Brief: Price checks conducted by Barclays in Nashville, Tennessee, found that Kroger has ceded its pricing advantage in perishables to two key competitors: Walmart and Sprouts Farmers Market. When comparing a basket of 117 items, representatives from the investment firm found that Walmart’s “fresh” items were 6.6% cheaper than Kroger’s, compared to the Cincinnati-based […]

‘Never been one this large’ Kroger price cuts are part of a multi-million dollar investment | thv11.com

‘Never been one this large’ Kroger price cuts are part of a multi-million dollar investment | thv11.com

Kroger has begun cutting prices on more 3,000 items in approximately 100 stores in its Delta region, which includes Arkansas, Tennessee, Mississippi, Missouri and Kentucky. Kirby estimated that that works out to about 10 percent of everything shoppers will find in a typical store. “There’s never been one this large,” Kirby said of the price-reduction […]

Five Great Ways To Order Groceries From Your Couch | Washingtonian

Five Great Ways To Order Groceries From Your Couch | Washingtonian

The Kind Where Several Stores Go to You FreshDirect and AmazonFresh are like Peapod in that they deliver all manner of groceries, but they source items from different purveyors. FreshDirect’s emphasis is on fresh—as in produce, eggs, and the like. Delivery costs $7.99. Amazon­Fresh wins raves for customer service and selection, including Whole Foods fare. It charges $14.99 […]

Alibaba Could Take Kroger to the Next Level Fast | The Motley Fool

Alibaba Could Take Kroger to the Next Level Fast | The Motley Fool

A worthy opponent If a merger occurs, Kroger would become even more of a powerhouse in groceries, and a solid investment candidate. It’s already a quality company that has been knocked back due to the investments in pricing it needed to make to compete with Amazon and Walmart. The Amazon purchase of Whole Foods scared […]

Getting to know the best stock in today’s market: The Kroger Co. (KR) | News Journal

Getting to know the best stock in today’s market: The Kroger Co. (KR) | News Journal

Amid the all-time high stocks in today’s market is The Kroger Co. (NYSE:KR) that had a market cap of 23.69B. The company’s P/E was valued at 15.99 as it measures its current share price to its per-share earnings. At present, (NYSE:KR)’s price is rolling at $26.41. A price change of 0.72% indicates a strong asset […]

Factors Likely to Decide Kroger’s (KR) Fate in Q3 Earnings | Nasdaq.com

Factors Likely to Decide Kroger’s (KR) Fate in Q3 Earnings | Nasdaq.com

Kroger’s top – line has been also benefiting from Customer 1st strategy, digital efforts and recent buyouts. Third-quarter revenue is projected to come in at $27,307 million, up 2.8% year over year. However, stiff competition, volatility in food prices, an aggressive promotional environment and waning store traffic remain the primary headwinds with which Kroger is […]

Kroger using Google and Microsoft clouds to avoid paying Amazon | CNBC

Kroger using Google and Microsoft clouds to avoid paying Amazon | CNBC

For Kroger, that fear has become more obvious by the day. In August, Amazon bought Whole Foods for $13.7 billion and instantly cut prices at the upscale grocer. CNBC has also been reporting on Amazon’s potential efforts to crack the pharmacy market, another reason for Kroger to be concerned. Kroger gets about 9 percent of […]

How Retailers Use Personalized Prices to Test What You’re Willing to Pay | Harvard Business Review

How Retailers Use Personalized Prices to Test What You’re Willing to Pay | Harvard Business Review

Have you ever looked up flights or hotels on an app on your phone, only to open your laptop and see different prices? That’s exactly what happened to me recently. I was using Orbitz’s iPhone app to research a vacation package to New York City. Settling on a hotel, I accessed Orbitz’s website on my laptop to book […]

Kroger Co. (KR) shifts strategy, looks to sell convenience store business | WCPO

Kroger Co. (KR) shifts strategy, looks to sell convenience store business | WCPO

CINCINNATI — The Kroger Co. is contemplating the sale of its 784-store chain of convenience stores and pursuing a broader initiative to boost annual profits by $400 million in the next three years. The Restock Kroger initiative, debuted at an investor conference Wednesday, is an attempt to “redefine the food and grocery customer experience” using […]