Global 500
KrogerRANK40
Before the pandemic, Kroger had been trying to become a bigger e-commerce player, with some success in the grocery wars with Walmart and Amazon. But the COVID-19 outbreak forced the grocer’s hand and led it to speed up a number of digital initiatives to support faster delivery. The upshot is that Kroger’s digital business doubled in 2020, leading to an 8.4% increase in overall sales. The company is now eyeing a target $20 billion in annual online sales by 2023. To do so, it has opened a 375,000-square-foot, fully automated distribution center outside Cincinnati, with nine other facilities coming on line in the next two years.
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Latest news for Kroger
- RetailWalmart and Kroger are raising the price of BinaxNOW COVID-19 test kitsJanuary 4, 2022 8:52 PM UTC
- HealthAs Americans scramble to find rapid tests, some major U.S. employers give them out as a benefitDecember 30, 2021 7:37 PM UTC
- TechKroger and Instacart launch 30-minute grocery delivery service in the U.S.September 14, 2021 3:12 PM UTC
- FinanceSome CEOs are keeping those massive bonuses—even after cutting thousands of jobsMay 18, 2020 4:00 PM UTC
- RetailCompanies are rolling back ‘hazard pay’ for essential workers—even as risks remainMay 14, 2020 11:20 AM UTC