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Although Kroger’s e-commerce business achieved its “best profit improvement yet” on a quarterly basis during the first three months of its current fiscal year, the company is still not ...
CEO Susan Morris views the Albertsons for U program, which saw membership rise 14% year over year, as a valuable source of ...
Ocado is optimistic about its partnership with Kroger, a major U.S. grocery firm, in expanding e-commerce operations despite ...
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.
Although e-commerce sales grew by 15%, this segment remains unprofitable. However, improvements in e-commerce returns are progressing rapidly, indicating potential future profitability.
Discover Kroger's Q1 2025 earnings insights, including raised sales guidance, transformative strategies, e-commerce growth, and store optimization plans.
Kroger plans nationwide store closures over 18 months to improve profitability. At least two stores in Virginia will likely close.
Ocado , the British online supermarket and technology group, is confident its U.S. grocery partner Kroger will opt to grow ...
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.
The pressure on Kroger's EBIT margins due to investments in e-commerce reflects the broader industry trend of balancing digital growth with profitability.
Kroger results showed the company's same-store sales beat forecasts while its profit outlook for the year remained unchanged.