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The grocer believes its drive to streamline its online operations is poised to pay off as it strives to cut expenses across ...
Both retailers are back in cost-cutting mode after their megamerger failed. Here’s what to watch in the months ahead.
Kroger results showed the company's same-store sales beat forecasts while its profit outlook for the year remained unchanged.
Kroger has “ a terrific foundation in place in our e-commerce business”, and” we have invested heavily in our e-commerce business over the last several years”, he emphasizes, but the bottom line line ...
Discover Kroger's Q1 2025 earnings insights, including raised sales guidance, transformative strategies, e-commerce growth, and store optimization plans.
Kroger has announced it plans to close around 60 stores over the next 18 months. The announcement was made when the Cincinnati-based grocer put out a release on its first quarter results.
Kroger logged lower profit and sales in its latest quarter, though the company slightly raised its 2025 same-store sales outlook on recent sales momentum despite an uncertain macroeconomic ...
Kroger’s management has been actively pursuing several strategic initiatives to drive growth and improve profitability, including aggressive share buybacks as noted by InvestingPro.
The company’s ongoing investments in e-commerce and digital capabilities, while necessary, could also strain profitability in the short term as it seeks to match the offerings of more technologically ...