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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

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Jamie Dimon says his stockbroker father taught him to invest with a 'brutally hard' childhood game
Kroger

Kroger to add 20,000 more employees in hiring blitz

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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September 5, 2014, 7:13 PM ET
Kroger
Groceries are bagged at a Kroger supermarket.Daniel Acker/Bloomberg—Getty
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Kroger, the nation’s largest supermarket chain, has announced plans to hire 20,000 new workers.

The hiring spree comes as the company expands rapidly by adding new stores. Last year, it opened 216 stores while trying to expand its turf against rivals like Safeway and Albertsons.

“Kroger’s growth trajectory creates more job opportunities for current and future employees,” said Katy Barclay, Kroger’s senior vice president of human resources, in a statement.

Since 2008, the company has created 40,000 positions for a total of 375,000. It has just over 2,600 stores total.

In January, Kroger acquired the Harris Teeter supermarket chain for $2.4 billion, which was its largest deal in 16 years, according to Businessweek. Kroger also operates a number of other types of U.S. businesses including 786 convenience stores, 320 jewelry stores, 1,240 supermarket fuel centers and 37 food processing plants.

 

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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