The history of Kroger’s dates back to 1883, when Barney Kroger invested $372 in a grocery store at 66 Pearl Street in Cincinnati.
Since then Krogers has evolved into a giant supermarket business that has a variety of formats aimed to satisfy the ever-changing needs of shopper and creating a delightful shopping experience for them. Krogers is among the leaders of the retail industry with more than 2,700 stores in 35 states and annual sales of more than $109.8 billion.
The retailer employees more than 400000 associates and also has 37 food processing plants, 326 fine jewelry stores and 782 convenience stores. The convenience stores aids in the growth supermarket fuel centers while its jewelry stores are a high-margin business with good cash flow. The company also has around 2,231 pharmacies which provide high quality services at everyday low prices. However 94% of total company sales are derived from the food retail.
The tenet of service, selection and value – continue to guide the company’s operations till date. The culture at krogers is defined by its values of Honesty, integrity, respect, diversity, safety and inclusion.
Kroger has been recognized as the America’s most generous company for its generous support to their food bank partners, aid in breast cancer research and awareness, and serving more than 145,000 community organizations including schools. During the early 1930s, it became the first grocery chain to timely test its product quality. In 2012, the acknowledging the company’s long-standing commitment to food safety and quality, Krogers received the Black Pearl Award, by the International Association for Food Protection.