Kroger

This article is about the company. For other uses, see Kroger (disambiguation).

The Kroger Company
Company typePublic
ISINUS5010441013
IndustryRetail
Founded1883; 141 years ago (1883), in Cincinnati, Ohio, U.S.
FounderBernard Kroger
Headquarters
Cincinnati, Ohio
,
U.S.
Number of locations
2,719 supermarkets (Q1 2023)[1]
Area served
United States
Key people
Rodney McMullen (CEO & chairman)[2]
ProductsSupercenter/superstore,
Other specialty, supermarket
Revenue Increase US$150 billion (2023)[3]
Decrease US$3.096 billion (2023)[4]
Increase US$2.307 billion (2023)[5]
Total assetsIncrease US$50.505 billion (2023)[6]
Total equityIncrease US$11.601 billion (2023)[7]
OwnerBerkshire Hathaway (8.09%)
Number of employees
414,000 (2023)[8]
DivisionsInter-American Products
various chains
Websitewww.thekrogerco.com
www.kroger.com

The Kroger Company, or simply Kroger, is an American retail company that operates (either directly or through its subsidiaries[9]) supermarkets and multi-department stores throughout the United States.[1][10]

Founded by Bernard Kroger in 1883 in Cincinnati, Ohio, Kroger operates 2,719 grocery retail stores under its various banners and divisions in 35 states (mostly in the South, Midwest and West) and the District of Columbia.[10] Its store formats include 134 multi-department stores, 2,273 combo stores, 191 marketplace stores, and 121 price-impact warehouse stores.[1][10] Kroger operates 33 manufacturing plants, 1,642 supermarket fuel centers, 2,254 pharmacies, 225 The Little Clinic in-store medical clinics, and 127 jewelry stores (782 convenience stores were sold to EG Group in 2018).[1][10] Kroger's headquarters are located in downtown Cincinnati.[11]

The Kroger Company is the largest supermarket operator in the U.S. by revenue[12] and the country's fifth-largest general retailer.[13] The company is one of the largest American-owned private employers in the United States.[14][15][16] Additionally, Kroger is ranked No. 17 on the Fortune 500 rankings of the largest U.S. corporations by total revenue.[17] It is frequently listed as being a good dividend stock for investors in 2024.[18]

About two-thirds of Kroger's employees are represented by collective bargaining agreements,[19] with most being represented by the United Food and Commercial Workers (UFCW).[20]

  1. ^ a b c d "Investors - Overview - Our Business - The Kroger Co". ir.kroger.com. Retrieved December 8, 2022.
  2. ^ "Management & Directors". The Kroger Co. Archived from the original on December 21, 2021. Retrieved February 7, 2022.
  3. ^ "2022 Kroger Financial Statements". The Kroger Co. Archived from the original on December 26, 2016. Retrieved June 11, 2022.
  4. ^ "Number of employees of Kroger 2023" (PDF). Kroger.
  5. ^ "Number of employees of Kroger 2023" (PDF). Kroger.
  6. ^ "Number of employees of Kroger 2023" (PDF). Kroger.
  7. ^ "Number of employees of Kroger 2023" (PDF). Kroger.
  8. ^ "Number of employees of Kroger 2023" (PDF). Kroger.
  9. ^ Securities and Exchange Commission (2022). "The Kroger Co. Form 10-K for Fiscal Year Ended January 29, 2022. (Part IV, Item 15, Exhibit 21.1)". www.sec.gov. Retrieved August 31, 2022.
  10. ^ a b c d "The Kroger Co. – Operations". Archived from the original on October 18, 2012. Retrieved February 28, 2013.
  11. ^ "Form 10-K: The Kroger Co". U.S. Securities and Exchange Commission. February 2, 2013. Archived from the original on September 12, 2014. Retrieved December 17, 2013.
  12. ^ "Top 25 supermarket operators by sales". Supermarket News. Informa USA. July 7, 2021. Retrieved May 5, 2022.
  13. ^ "Kantar's 2019 Top 50 US Retailers" (PDF). Kantar Retail IQ.
  14. ^ "Global Powers of Retailing 2013" (PDF). Deloitte. February 2013. p. G11. Archived from the original (PDF) on 17 December 2013. Retrieved 17 December 2013.
  15. ^ Cite error: The named reference :1 was invoked but never defined (see the help page).
  16. ^ Cite error: The named reference :2 was invoked but never defined (see the help page).
  17. ^ "Search Fortune 500". Fortune. Retrieved January 21, 2022.
  18. ^ Gill, Vardah (August 26, 2024). "Is the Kroger Co. (KR) A Good Dividend Stock According to Warren Buffet?". Yahoo! Finance. Retrieved August 28, 2024.
  19. ^ "Kroger Union". The United Food & Commercial Workers International Union. Retrieved January 21, 2022.
  20. ^ "Kroger Union Workers Vote to Reject Contract, Authorize Strike". Archived from the original on February 2, 2017. Retrieved January 24, 2017.