Is Kroger Losing Money?

Kroger also bought around 6% of the British online grocer Ocado, a press release indicates. Kroger and Ocado entered into a partnership and subscription agreement that will bring Ocado’s Smart’s Platform to the United States. That will give Kroger access to Ocado’s robotics and digital technology capabilities.

Read more

Is Kroger the Best Value in Retail?

If you are looking for a bargain in the retail sphere Kroger is certainly worth a look. Unfortunately it’s a stock that is likely to remain underpriced until food and/or fuel prices increase substantially. Since I don’t expect that to happen any time soon, expect Kroger share price to remain low for the foreseeable future no matter what Amazon does.

Read more

Surprise; Kroger’s Revenues Growing Faster than Costco’s

During third quarter 2016, Kroger’s revenues increased by $1.48 billion. Costco’s revenues grew by $880 million in the same quarter and Walmart’s expanded by $770 million. Kroger reported $112.41 billion in revenues in July that grew to $113.89 billion October; Costco reported $118.72 billion in revenues in August that grew to $119.60 billion in November, and Walmart reported revenues of $483.83 billion in July and $484.60 billion in October.

Read more