Most of the supermarket industry has fallen prey to Walmart’s drive into grocery over the last decade. Not Kroger. The Midwestern supermarket giant had a knockout 2015 with an 18% jump in profits. The following year wasn’t so kind. A deflationary environment read: aggressive industry promotions that reduce earnings weighed down the entire category in 2016. Still, the U.S.’s second-largest food retailer has a robust strategy. It will need it as it fights shaky consumer confidence and low commodity costs. Kroger was founded in 1883 and is headquartered in Cincinnati, Ohio.
Looking for leads, investment insights, or competitive intelligence?
News about Kroger
The chain needs all the help it can get to delivery groceries to 40% of U.S. homes
It's had to aggressively ramp up its home delivery service.
Gun enthusiasts will still find a way.
Consumers will have to visit Walmart, among other stores, to get them all.
Farewell Loaf 'N Jug.