The grocery industry hasn’t had it easy since Amazon got into the game. And price wars, which are a constant problem in the grocery sector, are bearing down heavily on Kroger right now.
However, the 134-year-old food chain, which has approximately 2,800 stores nationwide, continues to focus on what’s most important: people.
In October, it will launch the first of a series of “comfort food” restaurants in Union, Ky. Called Kitchen 1883, everything will be made from scratch.
With dining becoming faster and more packaged every day, Kroger is banking on customers looking for a little taste of home outside the home.
“OF THE TOP 1,000 PUBLIC/PRIVATE COMPANIES in the CEO1000, 18, OR SLIGHTLY UNDER 2%, ARE IN THE GROCERY BUSINESS, AND ALL ARE IN THE TOP 500.”
The company is also on a mission to end hunger and food waste with its Zero Hunger Zero Waste program. Through the Kroger Foundation, the chain has donated $10 million and plans to give out 3 billion balanced meals by 2025 and achieve zero waste by 2020.
Kroger has been named to the Dow Jones Sustainability Index for the fifth consecutive year.
Kroger also donated $3.5 million to hurricane recovery and relief efforts, including grants to food banks, product donations to local nonprofits and financial grants to associates suffering hardships. It is currently offering free healthcare in Houston through its The Little Clinic, and its mobile pharmacy is visiting affected regions to help refill thousands of prescriptions for displaced patients.
Chairman (Since Jan 2015) and CEO (Since Jan 2014), Kroger
Previous Position: President and COO
Company start date: 1978
First Position at Company: Stock clerk in a local Kroger grocery store
Age: 55
Education: Bachelors and Masters degree in Accounting from University of Kentucky
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