Kroger stumbles as competition gets fiercer in grocery industry
While earnings narrowly beat analysts’ estimates, profit margins decreased again because of investments Kroger is making to keep pace with the competition.
While earnings narrowly beat analysts’ estimates, profit margins decreased again because of investments Kroger is making to keep pace with the competition.
Grand Rapids, Michigan-based Meijer said the app has been downloaded more than 1.1 million times since it started testing it in Michigan last year.
The agreement covers more than 9,000 members of the United Food and Commercial Workers Union who work at 71 Indianapolis-area Kroger stores.
City of Indianapolis officials on Wednesday decided to add more stores to a yet-to-be-launched food-insecurity program after learning that a Walmart Neighborhood Market on the far-east side was preparing to close.
The store, which opened in 2004, is scheduled to close permanently July 12. It is one of eight Neighborhood Market stores the retailer operates in the Indianapolis area.
The Germany-based discount grocery chain has asked a city committee for permission to make architectural changes to the front of a store that was vacated by another grocer last summer.
The deal, which closed this week, gives Fountain Square Brewing access to New Day’s lines of mead and hard cider as it tries to widen its distribution footprint.
Needler’s Fresh Market, which entered the Indianapolis market in 2017, says it’s so bullish on its local prospects that it’s already looking to expand here.
A Louisville woman alleges she became ill with salmonella after eating pre-cut melon produced by Indianapolis-based Caito. The firm issued a voluntary recall last week. Kroger is a co-defendant in the case.
The locally based international grocery store chain has acquired a long-vacant Target store in Castleton and the adjoining retail center.
The Germany-based discount grocery chain has leased about 22,000 square feet and will occupy a little more than a third of the former Marsh Supermarket space.
Kroger Co., the biggest U.S. supermarket chain, plans to widen a ban on Visa Inc. credit cards. And the grocer hasn’t ruled out expanding the ban to include all of its stores.
Amazon.com Inc. plans to open dozens of grocery stores in U.S. cities, The Wall Street Journal reported Friday, a move that would expand its grocery footprint beyond its Whole Foods Market chain. Shares of food retailers all fell on the news.
Fresh Encounter Inc. purchased 15 former Marsh Supermarkets locations in 2017 and renamed all but one of them Needler’s Fresh Market. Now, the Geist location is closing for good.
Kroger, America’s biggest supermarket chain, has remodeled two stores to test out the new features, which include “digital shelves” that can show ads and change prices on the fly along with a network of sensors that keep track of products and help speed shoppers through the aisles.
Urban Air Adventure Park has leased 34,000 square feet of a building left vacant in 2017 by Marsh Supermarkets.
FDA Commissioner Scott Gottlieb said the FDA wanted to issue a warning about a new E. coli outbreak before people gathered for Thanksgiving meals, where the potential for exposure could increase.
Jane Pauley Community Health Center plans to fill about a third of the space, which was vacated by defunct grocery chain Marsh Supermarkets in May 2017.
A brewery and restaurant that hoped to be part of the revitalization of the south end of the Butler-Tarkington neighborhood has closed, citing “unexpected circumstances.”
Ricker’s Chairman Jay Ricker told IBJ on Thursday morning that a purchase agreement for his 39-year-old company is in place and the deal is expected to close by the end of the month.