Kroger finalizes sale of specialty pharmacy business to Elevance Health
The Kroger Co. (NYSE: KR) has officially concluded the sale of its specialty pharmacy business to Elevance Health, as initially announced in a definitive agreement ... Read More
Dick’s Sporting Goods reduces seasonal hires as economic uncertainties hit retail
Dick's Sporting Goods, the popular U.S.-based retailer, has announced plans to hire only 8,000 seasonal workers for the upcoming holiday season, marking a significant reduction ... Read More
Kroger secures $5bn revolving credit agreement to bolster liquidity
The Kroger Co. has signed a $5 billion revolving credit agreement, solidifying its financial strategy amidst its ongoing merger plans with Albertsons Companies Inc. The ... Read More
Kroger stock jumps after strong profit report; CEO sees cautious spending among affluent customers
Kroger Co. saw its stock price surge 6% after the company posted better-than-expected profit results for the second quarter. Despite an economic environment marked by ... Read More
C&S Wholesale Grocers to acquire 413 stores from Kroger and Albertsons merger
C&S Wholesale Grocers, a leading name in the U.S. wholesale grocery supply and supply chain solutions sector, is expanding its reach through a definitive agreement ... Read More
Kroger to acquire US food and drug retailer Albertsons Cos. for $24.6bn
Kroger acquisition of Albertsons : Supermarket chain Kroger has agreed to acquire American food and drug retailer Albertsons Companies (Albertsons Cos.) for a price of ... Read More
US grocery chain Kroger announces new logo and tagline
The Kroger Co, a US retail giant, has unveiled its new logo and brand transformation campaign, reflecting the company's strong, food-rich heritage. The redesigned Kroger ... Read More
Food 4 Less home delivery service launched in three US states
Food 4 Less home delivery service : US grocery store grocery chain Food 4 Less in partnership with Instacart has launched a new home delivery ... Read More
Kroger, Ocado break ground on $55m customer fulfillment center in Monroe
US grocery retailer Kroger in partnership with online grocery retailer Ocado as started construction on a high-tech customer fulfillment center in Monroe, Ohio. Kroger will ... Read More
Don Lee Farms organic plant based burger to be launched in Kroger stores
Don Lee Farms is set to launch its organic plant based burger in almost 2000 Kroger markets covering more than 8,000 stores. The Don Lee ... Read More