The Latest Breaking News from Kroger

Walmart holds a comfortable lead as the largest online U.S. grocer, according to the new national e-commerce forecast from Insider Intelligence, but there’s a fierce battle for No. 2 between Amazon and Instacart.

Amid the uncertain macroeconomic environment, the grocery/big-box retail industry has been thriving as the inelastic demand for the products these retailers sell is helping them pass on the rising prices to consumers. Therefore, fundamentally sound stocks from this hottest industry Walmart (WMT), Kroger (KR), Albertsons Companies (ACI), and Casey's General…

Two weeks ago, more than 160 gun owners in Richmond, Virginia, turned in 474 firearms in the city’s first-ever gun buyback event. City officials offered Walmart, Amazon and Kroger gift cards in various amounts for different unwanted firearms: $250 for assault-style weapons, $200 for handguns, $150 for rifles and $25…

Kroger's brand ambassador appears in his first commercial.

Customers will receive groceries directly from the Kroger warehouse when they order from the Mariano’s website, instead of only having third-party delivery options such as Instacart or Shipt.

Kroger (KR) recently raised its dividend payout rate by more than 23%. Moreover, Wall Street analysts are bullish on the stock’s near-term prospects. However, will it be wise to add KR to your portfolio now, given the lingering macro headwinds? Keep reading to find out….

Since the stock market is expected to remain volatile on concerns over the economy witnessing recessionary pressures, it could be wise to invest in fundamentally strong stocks The Kroger (KR), AudioCodes (AUDC), Movado Group (MOV), Progress Software Corp. (PRGS), and Viemed Healthcare (VMD), which are trading under $50. Read on….

U.S. demand for grocery delivery is cooling as food prices rise

If the pandemic has taught us nothing else, Americans have apparently taken to the idea of home grocery deliveries.

Kroger (NYSE:KR) has outperformed the market over the past 20 years by 1.13% on an annualized basis producing an average annual return of 8.14%. Currently, Kroger has a market capitalization of $34.64 billion.

From Judge Lee Rudofsky's opinion Thursday in EEOC v. Kroger Ltd. Partnership I (E.D. Ark. June 23, 2022): This case arises from Kroger's termination of two employees. The Equal Employment Opportunity Commission alleges that these terminations amount to religious discrimination and retaliation in violation of Title VII of the Civil…