The Kroger Company – Company Information

The Kroger Company is one of America’s largest supermarket chains and one of the largest retailers in the world,¬†based in Cincinnati, Ohio.

The company was founded by Bernard Kroger in 1883.

Bernard invested his life savings to open a grocery store in the¬†Mount Airy¬†neighborhood of Cincinnati¬†and his slogan was “Be particular. Never sell anything you would not want yourself.”

Kroger¬†now operates over 2,400 supermarkets and multi-department stores (either directly or through subsidiaries), 786 convenience stores, 37 food processing plants, and 327 jewelry store¬†in 31 states across the US – all of the company’s operations are domestic.

The company employs more than 343,000 full-time or part-time associates.

Food & Drug Stores:¬†Baker’s Supermarkets,¬†City Market, Dillons Food Stores¬†(Kansas, Missouri),¬†Fry’s Food & Drug,¬†Gerbes Super Markets,¬†Harris Teeter,¬†Jay C,¬†King Soopers,¬†Kroger,¬†Owen’s,¬†Pay Less Super Markets,¬†QFC,¬†Ralphs,¬†Scott’s,¬†Smith’s

Convenience Stores:¬†Kwik Shop,¬†Loaf ‘N Jug,¬†Quik Stop,¬†Smith’s Express,¬†Tom Thumb Food Stores, Turkey Hill Minit Markets.

Marketplace Stores:¬†Dillons Marketplace,¬†Fry’s Marketplace,¬†King Soopers Marketplace,¬†Kroger Marketplace, Smith’s Marketplace.

Multi Department Stores: Fred Meyer

Price Impact Stores: Food 4 Less, Foods Co., Ruler Foods.

Jewelry Stores:¬†Fred Meyer Jewelers,¬†Barclay Jewelers,¬†Fox’s Jewelers,¬†Littman Jewelers


  • Chairman and CEO:¬†Rodney McMullen
  • Type: Public
  • Listed as: NYSE: KR
  • S&P 500 Component
  • Headquarters:¬†Cincinnati,¬†Ohio,¬†United States
  • Employees: 343,000 (2013)
  • Founder:¬†Bernard Kroger
  • Founded: 1883

Key figures (in millions of USD except for share data) 2013 2012
Total sales $98,375 $96,619
Operating profit $2,725 $2,764
Net earnings before income tax expense $2,282 $2,302
Net earnings attributable to The Kroger Co. $1,519 $1,497
Cash and temporary cash investments (end of year) $401 $238
Earnings (loss) per share ‚Äď basic $2.93 $2.78
Earnings (loss) per share ‚Äď diluted $2.90 $2.77

Source: “Kroger Reports Fourth Quarter and Full Year 2013 Results”

Rodney McMullen,¬†Kroger’s¬†chief executive officer, commented on the results:

“Our associates’ connection with customers fueled another year of market share growth and record earnings per share. Kroger’s¬†Customer 1st¬†strategy is a powerful foundation on which to continue growing and differentiating our business in 2014.”

According to the company, “during fiscal 2014,¬†Kroger¬†plans to use cash flow from operations to maintain its current investment grade debt rating, repurchase shares, have a growing dividend, and fund capital investments. The company expects capital investments to be in the¬†$2.8 to $3.0 billion¬†range for the year, including Harris Teeter.”


July 4, 2014: Kroger and have agreed a takeover deal worth $280 million. The US supermarket chain says the purchase will help it sell products on the internet and compete with other companies, such as Amazon and Wal-Mart. Kroger says the deal will be financed with debt.

Update June 20, 2014: Kroger reported a 4.6% rise in sales for Q1 2014. Adjusted net income, excluding charges rose to $557 million or $1.09 per diluted share compared to last year’s same quarter’s $481 million and 0.92 respectively. According to the retailer, confidence in the economy among shoppers is rising.