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More retailers are talking about making online grocery shopping profitable. Here’s how Ahold Delhaize says its U.S. digital ...
Although e-commerce sales grew by 15%, this segment remains unprofitable. However, improvements in e-commerce returns are progressing rapidly, indicating potential future profitability.
At least two Virginia Kroger stores will be among the 60 locations the Cincinnati, Ohio-based company plans to shutter over the next 18 months to improve efficiency and profitability. Kroger announced ...
Kroger reaffirmed the rest of its guidance, including adjusted earnings per share, which it still expects to be in the range of $4.60-$4.80. This report comes as Kroger is at a crossroads.
Aside from private label, KR eCommerce is also driving growth (revenue growth accelerated to 15% y/y), and I get the sense that this segment is about to hit its profit inflection point.
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 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 KR7.67%increase; green up pointing triangle logged lower profit and sales in its latest quarter, though the company slightly raised its 2025 same-store sales outlook on recent sales ...
CINCINNATI, March 11, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced the creation of a new eCommerce business unit, which aligns the teams contributing to every aspect of the ...
Kroger is waiting for a federal judge to rule on its proposed acquisition of Albertsons for about $24.6 billion, a deal it announced more than two years ago.