Tag

Kroger

All articles tagged with #kroger

Wealthier Shoppers Rally to Costco for Bulk Savings, Survey Shows
lifestyle2 hours ago

Wealthier Shoppers Rally to Costco for Bulk Savings, Survey Shows

A YouGov survey finds Costco is the top grocery pick among higher-income Americans (earning at least $150k), with 11% naming it as their primary store, ahead of Kroger (10%) and Walmart (8%); experts say Costco’s bulk sizes and value appeal to larger households and frugality among wealthier shoppers, who also tend to spend more on groceries weekly, reflecting where they live and seek savings despite membership fees.

Walmart Wins the Week in a Grocery Price-Comparison Showdown
business2 days ago

Walmart Wins the Week in a Grocery Price-Comparison Showdown

A shopper compared Walmart’s summer price drops with Kroger and Amazon on items like ground beef, corn, cherries, ice cream, chips, plates and sodas. Walmart usually offered the lowest prices (beef around $5.94/lb; corn 0.25 per ear; 48-oz ice cream $2.50), while Kroger often matched or beat on some items with loyalty-card deals, and Amazon prices fluctuated. The test showed Walmart’s basket totaled $52.32, Kroger’s $58.52, with Amazon not consistently cheaper; overall, Walmart provided the best value for that week, though deals vary by item and retailer.

Kroger to acquire Giant Eagle for $1.65B, keeping brand and Pittsburgh HQ
business8 days ago

Kroger to acquire Giant Eagle for $1.65B, keeping brand and Pittsburgh HQ

Kroger will buy Giant Eagle for $1.65 billion with closing expected in 2027. Giant Eagle will retain its name and operate under Kroger’s umbrella, and its headquarters will stay in Cranberry Township. Frontline jobs aren’t expected to be cut, but corporate layoffs are possible, and pharmacies will continue to operate as usual. The myPerks loyalty program will be maintained, with potential expansion opportunities as the deal progresses.

Kroger to Acquire Giant Eagle in Pittsburgh, Drawing on a Century of Grocery Ties
business9 days ago

Kroger to Acquire Giant Eagle in Pittsburgh, Drawing on a Century of Grocery Ties

Kroger announced a $1.65 billion plan to acquire Pittsburgh-based Giant Eagle, a deal with deep roots in local grocery history: Kroger once bought Eagle Grocery in 1928, the families behind both chains formed Giant Eagle in 1931, and the first Giant Eagle store opened in 1936. The closing is expected in 2027, with possible limited store divestitures and no clear word yet on how many Giant Eagle stores might convert or stay branded.

Kroger to Acquire Giant Eagle for $1.65B, Expanding Its Store Footprint
business9 days ago

Kroger to Acquire Giant Eagle for $1.65B, Expanding Its Store Footprint

Kroger will acquire Giant Eagle for $1.65 billion, adding 197 supermarkets and 11 standalone pharmacies across five states (Ohio, Pennsylvania, West Virginia, Maryland and Indiana). The deal consists of about $1.25 billion in cash and approximately $400 million in debt Kroger will assume, with closing expected in 2027 and possible limited store divestitures to satisfy regulators.

Kroger to buy Giant Eagle for $1.65B, reshaping Western PA grocery landscape
business10 days ago

Kroger to buy Giant Eagle for $1.65B, reshaping Western PA grocery landscape

Kroger will acquire Giant Eagle for $1.65 billion, ending nearly 100 years of local ownership and adding 197 supermarkets and 11 pharmacies across Western Pennsylvania, northern Ohio, West Virginia, Maryland and Indiana; the deal, approved by Kroger’s board, is expected to close in 2027 pending regulatory clearance, with Giant Eagle continuing to operate under its banner and no store closures anticipated.

Public health alert issued over mislabelled Private Selection chicken sold at Kroger and Fred Meyer
nation-and-world13 days ago

Public health alert issued over mislabelled Private Selection chicken sold at Kroger and Fred Meyer

A public health alert has been issued for Private Selection Honey Dijon Boneless Skinless Chicken Breasts with Rib Meat sold at Kroger and Fred Meyer stores in nine states, including Indiana and Kentucky, after a mislabel failed to disclose eggs as an allergen. The affected product has a best-by date of June 28, 2026 and lot code 15326A. Consumers who purchased it are advised to discard it or return it to the place of purchase for a refund.

Kroger chief people officer Tim Massa to retire after 16 years steering a people-first culture
business1 month ago

Kroger chief people officer Tim Massa to retire after 16 years steering a people-first culture

Kroger announced that Tim Massa, executive vice president and chief associate experience officer, will retire on September 18 after 16 years in Kroger leadership and more than three decades in HR. Massa helped build Kroger's “business-led, people-enabled” culture, led talent development, labor relations and associate well-being, and championed programs like New Beginnings. He guided Kroger’s response to COVID-19 and contributed to the company’s Framework for Action. Massa will remain through the transition, and a successor will be named later; he will pursue executive coaching and board roles after retirement.

Build a Buffett-Style Starter Portfolio With $300
investing4 months ago

Build a Buffett-Style Starter Portfolio With $300

The Motley Fool argues Warren Buffett’s investing approach remains relevant and spotlights three Buffett-style picks—Apple, Kroger, and Bank of America—as solid, defensive holdings. With $300 you can deploy about $100 into each stock using fractional shares to create a beginner portfolio built on Buffett’s criteria (strong management, durable moat, steady earnings). Apple remains a major Berkshire Hathaway holding (recently trimmed for rebalancing), Kroger offers budget-conscious appeal and a dividend, and Bank of America reflects Buffett’s continued preference for leading financials. The piece highlights long-term, high-conviction investing over chasing hot trends, and notes Fool promotion of further stock ideas.