KR - The Kroger Co.
| Previous Close | 30.06 |
| Open | 30.26 |
| Bid | 29.56 x 800 |
| Ask | 0.00 x 1000 |
| Day's Range | 29.91 - 30.61 |
| 52 Week Range | 19.69 - 31.45 |
| Volume | 10,463,814 |
| Avg. Volume | 11,117,175 |
| Market Cap | 24.323B |
| Beta | 0.92 |
| PE Ratio (TTM) | 7.50 |
| EPS (TTM) | 4.07 |
| Earnings Date | Sep 13, 2018 |
| Forward Dividend & Yield | 0.56 (1.83%) |
| Ex-Dividend Date | 2018-08-14 |
| 1y Target Est | 30.45 |
Associated Press•8 hours agoKroger rolls out driverless cars for grocery deliveries
At a time when big-box retailers are trying to offer the same conveniences as their online competitors, the biggest U.S. grocery chain is testing the use of driverless cars to deliver groceries in a Phoenix suburb. Kroger's pilot program launched Thursday morning with a robotic vehicle parked outside one of its own Fry's supermarkets in Scottsdale. A store clerk loaded the back seat with full grocery bags.
American City Business Journals•15 hours agoKroger could be poised to make another acquisition
Two potential acquisition targets have popped up for Kroger Co. in the last few weeks, and analysts believe there’s a distinct possibility at least one of those could happen.
- American City Business Journals•17 hours ago
Kroger launches driverless delivery today
Kroger is stepping up its string of high-tech advancements by launching home delivery of groceries using driverless delivery vehicles today.
Reuters•19 hours agoKroger begins tests of driverless grocery delivery in Arizona
Kroger and rival Walmart Inc (WMT.N) each have teamed up with autonomous vehicle companies in a bid to lower the high-cost of "last-mile" deliveries to customer doorsteps, as online retailer Amazon.com (AMZN.O) rolls out free Whole Foods delivery for subscribers to its Prime perks program. "Kroger wants to bring more customers the convenience of affordable grocery delivery," said Kroger Chief Digital Officer Yael Cosset, who added that the test will also gauge consumer demand for the service.
Reuters•19 hours agoKroger begins tests of driverless grocery delivery in Arizona
Kroger and rival Walmart Inc (WMT.N) each have teamed up with autonomous vehicle companies in a bid to lower the high-cost of "last-mile" deliveries to customer doorsteps, as online retailer Amazon.com (AMZN.O) rolls out free Whole Foods delivery for subscribers to its Prime perks program. "Kroger wants to bring more customers the convenience of affordable grocery delivery," said Kroger Chief Digital Officer Yael Cosset, who added that the test will also gauge consumer demand for the service.
- MarketWatch•21 hours ago
Kroger partnering with robotics company for driverless delivery pilot
Kroger Co. (kr) and Nuro, a robotics company, announced Thursday that they have partnered to pilot driverless delivery vehicles in Scottsdale, Ariz. Shoppers can place their orders beginning today at Fry's Food Stores via the mobile app or the grocer's website. Kroger shares are up 2% in Thursday premarket trading, and have gained 9.5% for the year to date.
- Market Realist•21 hours ago
Kroger Partners with Alibaba to Enter China
On August 14, Kroger (KR), America’s largest supermarket chain, announced that it plans to enter the Chinese market by partnering with Chinese e-commerce giant Alibaba. Kroger plans to introduce its in-house brands through a pilot with Alibaba’s Tmall Global platform, which is China’s largest business-to-consumer marketplace.
- Bloomberg•21 hours ago
Kroger Selects Arizona for Self-Driving Grocery Delivery Pilot
Kroger Co. is bringing self-driving grocery delivery to Arizona. The largest grocery chain in the U.S. will start delivering groceries in autonomous-capable Toyota Prius cars starting Thursday at a Fry’s Food Stores location it owns in Scottsdale. Kroger announced in June a partnership with the Bay Area autonomous vehicle startup Nuro to test the delivery of groceries in unmanned road vehicles that can steer from the store to a customer’s home.
- American City Business Journals•21 hours ago
Major grocer debuts self-driving delivery in Scottsdale
Orders will be placed on the grocer's website or app and can be delivered the same day or the following day.
- PR Newswire•21 hours ago
Kroger and Nuro Announce Pilot Market
America's grocer and robotics innovator share details about grocery delivery program CINCINNATI and MOUNTAIN VIEW, Calif. , Aug. 16, 2018 /PRNewswire/ -- The Kroger Co. (NYSE: KR) and Nuro today announced ...
- American City Business Journals•2 days ago
Pick ’n Save completes Midtown store remodeling that touts lower prices: Slideshow
The grocery store, which is owned by a subsidiary of The Kroger Co., now features new décor, expanded produce and floral departments and a bigger salad bar.
- American City Business Journals•2 days ago
Few Americans buy groceries online, Gallup poll says; did Kroger over-invest?
In the midst of Kroger Co.’s massive investments in home delivery and digital offerings, a new Gallup poll shows the vast majority of people don’t buy their groceries online. Does that mean Kroger has over-invested in online shopping?
- The Wall Street Journal•2 days ago
[$$] European Equities Market Talk Roundup
, says Peel Hunt. The brokerage notes that the partnership between Kroger, which has done a technology deal with Ocado, and Alibaba is a relatively small-scale venture to sell health products. Peel Hunt also notes that the deal is unlikely to threaten any plans by Ocado to strike up its own partnership in China.
- The Wall Street Journal•2 days ago
[$$] Kroger to Sell Groceries on Alibaba Site in China
Kroger Co. will sell its products in China on an e-commerce site owned by Alibaba Group Holding Ltd., the grocer’s first foray into foreign sales amid a broader push into online retail. The U.S. supermarket chain on Tuesday said it plans to open an online storefront on Alibaba’s Tmall Global site, the Chinese internet titan’s platform for international brands. Kroger said the site will launch Wednesday with an initial product offering that includes dietary supplements and private-label products, much of it natural and organic goods.
- Associated Press•2 days ago
Kroger to sell its goods to Chinese shoppers through Tmall
NEW YORK (AP) — Kroger will start to sell some of its products to Chinese shoppers through a website owned by internet giant Alibaba, the latest move by the supermarket chain to boost its digital business.
Reuters•2 days agoKroger partners with Alibaba in China grocery sales venture
Kroger will sell Simple Truth brand products on the e-commerce firm's Tmall Global virtual storefront "to meet Chinese consumers' growing demand for high-quality, organic food products," an Alibaba spokesman told Reuters on Tuesday. Shares in Kroger, the largest U.S. supermarket operator with $123 billion in 2017 sales, closed up 2.35 percent at $30.45 on news of the deal. Kroger's arrangement with Alibaba raises the stakes for rival U.S. grocery seller Walmart Inc (WMT.N), which along with its Chinese partner JD.com Inc (JD.O), is already fighting Alibaba for dominance in the world's second biggest economy.
Reuters•2 days agoKroger partners with Alibaba in China grocery sales venture
Kroger will sell Simple Truth brand products on the e-commerce firm's Tmall Global virtual storefront "to meet Chinese consumers' growing demand for high-quality, organic food products," an Alibaba spokesman told Reuters on Tuesday. Shares in Kroger, the largest U.S. supermarket operator with $123 billion in 2017 sales, closed up 2.35 percent at $30.45 on news of the deal. Kroger's arrangement with Alibaba raises the stakes for rival U.S. grocery seller Walmart Inc (WMT.N), which along with its Chinese partner JD.com Inc (JD.O), is already fighting Alibaba for dominance in the world's second biggest economy.
- Reuters•2 days ago
Kroger partners with Alibaba in China grocery sales venture
Kroger Co has partnered with Alibaba Group Holding Ltd to sell nuts, supplements and other products in China, venturing outside the United States for the first time in what is fast becoming a fierce global battle to dominate online grocery sales. Kroger will sell Simple Truth brand products on the e-commerce firm's Tmall Global virtual storefront "to meet Chinese consumers' growing demand for high-quality, organic food products," an Alibaba spokesman told Reuters on Tuesday. Shares in Kroger, the largest U.S. supermarket operator with $123 billion in 2017 sales, closed up 2.35 percent at $30.45 on news of the deal.
- Reuters•3 days ago
US STOCKS-Wall St gains on upbeat earnings, easing Turkey jitters
Wall Street's three major indexes rose on Tuesday with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased fears of a broader financial contagion. Gains were widespread, and the S&P 500 and the Dow Jones Industrial Average ended four-day losing streaks. The Turkish lira regained some ground a day after it plunged to an all-time low.
- Bloomberg•3 days ago
Kroger Teams Up With China's Alibaba to Expand E-Commerce Push
Kroger Co. is going overseas for the first time: China, to be specific. The grocery chain, which is the largest in the U.S. with nearly 2,800 locations, is partnering with e-commerce giant Alibaba Group Holding Ltd. on a pilot test of an online store. It’s the latest digital effort by the brick-and-mortar grocer, which has spent the last year trying to reassure investors that it can compete with giants like Amazon.com Inc. and Walmart Inc. as they pour billions into operations.
- Bloomberg•3 days ago
Kroger Teams With China's Alibaba to Expand E-Commerce Push
Kroger Co. is going overseas for the first time: China, to be specific. The grocery chain, which is the largest in the U.S. with nearly 2,800 locations, is partnering with e-commerce giant Alibaba Group Holding Ltd. on a pilot test of an online store. It’s the latest digital effort by the brick-and-mortar grocer, which has spent the last year trying to reassure investors that it can compete with giants like Amazon.com Inc. and Walmart Inc. as they pour billions into operations.
- PR Newswire•3 days ago
Kroger Launching Our Brands Internationally
CINCINNATI, Aug. 14, 2018 /PRNewswire/ -- Today Kroger (KR) announced a pilot with Alibaba Group's Tmall Global platform. Kroger's new online store introduces Our Brands to international customers for the first time. Kroger's online store test will start with select Simple Truth® items, providing Alibaba's more than half a billion Chinese consumers with easy access to America's largest natural and organic brand.
- American City Business Journals•3 days ago
Kroger partners with Alibaba to sell internationally
Kroger Co. is about to break into international markets for the first time by selling products globally through a partnership with online retail giant Alibaba, according to published reports.
- CNBC•3 days ago
Kroger to sell products on Chinese e-commerce site Alibaba
Kroger's partnership with Alibaba is its latest move to transform itself as it battles Amazon and Walmart.
- American City Business Journals•3 days ago
Kroger’s new clothing line is now available at a Greater Cincinnati store: PHOTOS
Cincinnati-based Kroger Co., (NYSE: KR), the nation’s largest operator of traditional supermarkets, has begun rolling out its new Dip clothing line in Greater Cincinnati, with the Newport Marketplace store offering one of the biggest selections so far.
