If you’re saving up your pennies to buy the perfect holiday gift – be careful. Your local store may not take them. Portland, Oregon-based Fred Meyer found itself in the middle of a social media firestorm over the past 24 hours, after its Facebook fans reacted angrily to the story that a suburban Seattle woman shared last night: “My daughter[Read More…]
For all the talk of big-box retailers, drug stores, specialty grocers and dollar stores gobbling up a bigger share of the grocery pie, don’t count out the nation’s largest traditional supermarket. Kroger says it’s doing just fine, thank you. Kroger today reported its latest quarterly earnings, beating analysts’ expectations. For the year, earnings are up about 3%. “Not a particularly[Read More…]
If Walmart and Target can invade supermarkets’ territory by offering groceries, then Kroger is saying, right back atcha. The country’s largest traditional grocery chain is experimenting with offering shoes and clothes alongside its meat and produce. The test is taking place at a Kroger Marketplace store in Mansfield, Ohio. The Marketplace concept debuted in Columbus in 2004, with a 109,000-square-foot[Read More…]
