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The Kroger Co. engages in the operation of retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. It also manufactures and processes some of the food for sale in its supermarkets. Read More The combination food and drug Stores are the primary food store format. The multi department stores sells a wide selection of general merchandise items such as apparel, home fashion and furnishings, electronics, automotive products, toys and fine jewelry. The marketplace stores offer full-service grocery and pharmacy departments as well as an expanded general merchandise area that includes outdoor living products, electronics, home goods and toys. The price impact warehouse stores offer a 'no-frills, low cost' warehouse format and feature everyday low prices plus promotions for a wide selection of grocery and health and beauty care items. The company was founded by Barney Kroger in 1883 and is headquartered in Cincinnati, OH.
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Simple Math Says You Should Buy the Dip in Kroger Stock
Shares of Kroger (NYSE: KR ) fell off a cliff in early March after America’s largest grocer reported fourth quarter numbers that sharply missed both revenue and profit estimates.
Seeking AlphaMar 20
Largest insider sale at Kroger in six years
Kroger (KR -0.5% ) director Robert Beyer sold 80K shares yesterday at an average price of $24.52. Beyer now holds 126.8K shares in the grocery store operator. The sale by Beyer is the largest by an insider unrelated to an exercise of options in six years, according to S&P Capital IQ data. Shares of Kroger are down 12.2% YTD. SEC Form 4...
Yahoo FinanceMar 20
Kroger (KR) to Divest Turkey Hill & Focus on Core Operations
The Kroger Co. KR has inked a deal with an affiliate of Peak Rock Capital for the sale of its Turkey Hill business. Prior to this, the company announced plans to divest Turkey Hill in August 2018. The financial details of the deal, which is expected to close during the first quarter of fiscal 2019, remain undisclosed. Per the deal, Turkey Hill will continue to operate from its Conestoga, PA, facility, under its own brand name. Also, the division will retain its employees of about 800 full-time, part-time...
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