Tag: Kroger

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 […]

Wait, Who Is Beating Walmart (WMT) on Food Prices!? | TheStreet

Wait, Who Is Beating Walmart (WMT) on Food Prices!? | TheStreet

The ongoing battles in retail, especially as it pertains to pricing, may be taking a larger toll on Walmart’s (WMT – Get Report) model than previously thought. Analysts with Wolfe Research, who recently completed trips to Walmarts and Krogers (KR – Get Report) in Houston and Atlanta, discovered that Kroger’s prices were lower in both markets. […]

Kroger’s analytics and personalized pricing keep it a step ahead of its competitors | Food Dive

Kroger’s analytics and personalized pricing keep it a step ahead of its competitors | Food Dive

Coupled with price-cutting initiatives, Kroger’s focus on personalized pricing through e-coupons and mobile app offers — Best Customer Bonuses and Free Friday Downloads among others — helps keep it price-competitive against Walmart and a host of value retailers like dollar stores as well as Aldi and Lidl. The personalized deals also strongly resonate with shoppers […]

Kroger’s Columbus division drops prices on 3,000 products | Supermarket News

Kroger’s Columbus division drops prices on 3,000 products | Supermarket News

As May rolled into June, Kroger’s Columbus division announced “the largest one-year price investment in the company’s history.” A multimillion dollar campaign, the initiative is “designed to provide customers with more for their grocery dollar, including savings on high-quality, affordable Kroger-brand products,” according to a company press release. The Ohio-based store offers private label products […]

Kroger cuts prices on groceries | Business Insider

Kroger cuts prices on groceries | Business Insider

Lately, Kroger’s executives have been focused on offering more private-label products and cutting unpopular items so they can slash prices and hire more people. “Kroger has been able to come close enough to Walmart’s pricing structure to remain competitive, outperforming any of its industry peers,” Merrefield writes. The grocery chain has posted same-store sales gains for the […]

Pricing News Daily > 7/15/14

Pricing News Daily > 7/15/14

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is Sponsored by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations interested in embedding […]

How Inequality Is Hurting Whole Foods | Huffington Post

How Inequality Is Hurting Whole Foods | Huffington Post

At the same time, retailers that cater to price-conscious customers — the middle- and lower-income shoppers who have been squeezed by flat wage growth and a flagging economy — are thriving. Discount grocers like Aldi and Save-a-Lot proliferated during the recovery. Barring a middle-class revival, upper-crust grocers like Whole Foods could have a harder time […]