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KROGER

  • Network of Executive Women releases '2012 Annual Report'

    CHICAGO — The Network of Executive Women, whose mission is to attract, retain and advance women in the retail and consumer products industry through education, leadership and business development, has unveiled its "2012 Annual Report."

    The report opens with the personal stories of 10 network members, who explain how their engagement with NEW changed their companies, careers and lives. Among those features are Kim Tisdale, manager of expense payables at Wal-Mart Stores, and Chris Albi, VP merchandising at Kroger.

  • Kroger declares quarterly dividend of 15 cents per share

    CINCINNATI — Kroger's board of directors on Thursday declared a quarterly dividend of 15¢ per share to be paid on June 1 to shareholders of record as of the close of business on May 15.

    In 2012, the company's board of directors raised the quarterly dividend by approximately 30%, to 15¢ per share. Since reinstating dividends in 2006, Kroger has increased the dividend each year and expects to continue to do so, the company noted.

  • Kroger annual sales up 7.1%

    CINCINNATI — Kroger on Thursday reported total sales of $96.8 billion, up 7.1% as compared with the prior fiscal year. After adjusting for the extra week in fiscal 2012, total sales increased to $94.8 billion or 4.9% compared with the prior fiscal year. Excluding fuel, total sales increased 6% over the same period last year. Further adjusting for the extra week, total sales excluding fuel increased 4%.

  • OutcomesMTM names top pharmacy-based MTM centers across the country

    DES MOINES, Iowa — OutcomesMTM, a medication therapy management delivery system, on Tuesday recognized its top chain and independent pharmacies for 2012. Walgreens and Kerr Drug were named top large pharmacy chain and top regional pharmacy chain, respectively.

  • The Ledger: Publix not interested in Harris Teeter acquisition

    LAKELAND, Fla. — While Publix has been tied to rumors it may put in a bid for Harris Teeter, local daily The Ledger on Monday reported that Publix isn't at all interested

    Publix is in the midst of its first expansion into North Carolina, with plans to open two stores in the Charlotte area in 2014.

    Officials with Harris Teeter recently confirmed that the 208-store chain will consider offers from potential buyers.

  • Supervalu further solidifies new leadership team following AB Acquisition deal

    MINNEAPOLIS — Supervalu on Monday morning announced several changes to its executive and banner retail leadership teams, as it continues preparations to move forward with a focus on serving wholesale grocery operators, growing its hard discount format and running a smaller, more efficient retail operation following the close of its previously announced transaction with AB Acquisition (Albertson's LLC). 

  • Hollywood elite get behind fitness water launch

    LOS ANGELES — Music mogul Sean Combs and actor/producer Mark Wahlberg on Wednesday announced a joint venture with fitness and wellness water brand AQUAhydrate. Per the arrangement, Combs and Wahlberg will oversee business strategy along with CEO John Cochran, former president of Fiji Water.  

    Together they will help drive the AQUAhydrate brand and be instrumental in helping secure retail partnerships for the water brand, such as their recently signed deals with Safeway, Kroger and GNC.

  • Rite Aid tops drug chains in customer satisfaction, as Publix, Target, Costco lead among supermarkets, mass, clubs

    ANN ARBOR, Mich. — Several pharmacy retailers got top place in a recent consumer satisfaction survey.

    A report released Tuesday by the American Customer Satisfaction Index ranked Rite Aid at the top among drug store chains, with a score of 77, a 3% improvement over last year. Walgreens gained 1%, for a score of 76, while CVS ranked 75, a 3% gain. The survey noted that CVS hit a low two years ago due to cost-cutting efforts.

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