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The Latest Breaking News from Kroger

Nearly 72,000 tubs of hummus recalled

Affected flavors include roasted garlic, lemon, jalapeño, chipotle, balsamic, spinach and more

Salon

Kroger CEO Rodney McMullen resigns

Board member Ronald Sargent will serve as Chairman of the Board of Directors and interim Chief Executive Officer

Salon

Kroger CEO resigns over ‘personal conduct’ after four decades at grocery chain

Kroger said the alleged misconduct had nothing to do with its financials and did not involve any other Kroger employees

The Independent UK

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Kroger CEO resigns from $150 billion grocery chain over ‘certain personal conduct’, forfeiting 2024 bonus

Kroger’s board announced it had convened an independent investigation that ultimately led to McMullen’s departure.

Fortune

Quick Facts About Rodney McMullen: Net Worth, Resignation, Family, Lawsuits and More

Rodney McMullen, former CEO of Kroger, resigned following an internal investigation, leaving behind a legacy of leadership, controversy over a failed merger, and a £5.9 billion stock buyback dispute.

International Business Times UK

Kroger Chairman and CEO resigns following investigation into personal conduct

Kroger Chairman and CEO Rodney McMullen is stepping down after an internal investigation into his personal conduct

The Independent UK

Ocado to cut 500 technology and finance jobs as AI reduces costs

Online grocery specialist takes advantage of tools that helped improve productivity of engineering team

The Guardian - UK

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Analysts: Buy These 3 Stocks to Benefit as RFK Jr. Promises to ‘Make America Healthy Again’

Evolving health policies seem poised to transform the retail landscape, making Kroger, Amazon, and Albertsons intriguing long-term plays.

Barchart

3 Grocery Tech Stocks Reshaping How We Shop for Food

Given enhanced features, the rapid shift to online shopping, and rapid digital transformation, the grocery tech industry appears to have favorable prospects. Therefore, fundamentally strong grocery tech stocks Kroger (KR), Seven & i Holdings Co. (SVNDY), and Walmart (WMT) could be ideal additions to your portfolio. Read more.

StockNews.com

In Defense of Dollar Stores

Critics say they ruin communities and peddle cheap goods, but dollar stores thrive because they offer convenience and low prices where options are scarce.

Reason

Workers end strike at King Soopers grocery stores and both sides agree to resume bargaining

More than 10,000 King Soopers grocery workers across the greater Denver area have ended their 12-day strike

The Independent UK

Grocery giants reshuffle post-merger

Albertsons has announced plans to cut $1.5 billion in spending over the next three years

Salon

Kroger hires PepsiCo exec for CFO role as grocery battles heat up

Traditional supermarkets like Kroger must compete with mass merchandise and warehouse club channels, says a Morningstar analyst.

Fortune

6 Stocks Poised to Benefit From a Trade War in Unexpected Ways

A trade war seems bad for everyone but some stocks can actually benefit from tariff tit-for-tats leading to a trade war and pockets of demand arise.

MarketBeat

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International Business Times UK

£31,700 Worth of Eggs Stolen in Pennsylvania as Costco, Trader Joe's, and Kroger Limit Purchases

£31,700 worth of eggs stolen in Pennsylvania as Costco, Trader Joe's, and Kroger impose purchase limits amid shortages.

StockNews.com

With Rising Food Prices, Should You Add Kroger to Your Portfolio?

Factors like inflation, supply chain disturbances, and evolving consumer preferences have caused food prices to surge constantly. With such trends, Kroger stands to benefit significantly with its strong market position, agile trend movements, and solid financials. So, is it a buy today? Read on to know more.

The Independent UK

Trader Joe’s limits number of eggs you can buy as prices soar ahead of Christmas

Avian flu is forcing farmers to slaughter millions of chickens a month

The Independent UK

Tuna cans sold at Trader Joe’s, Walmart and Costco recalled due to contamination risk

The recall came after a manufacturing defect in the tuna cans’ ‘easy open’ lids was discovered

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news in one place.

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MarketBeat

3 Stocks With Unusual Call Option Volume: Opportunities On Watch

Despite recent volatility in the stock market due to trade tariffs, call option traders still found enough reason to buy these three stocks.

Barchart

What Are Wall Street Analysts' Target Price for Kroger Stock?

Kroger has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.

The Guardian - US

Ten thousand Kroger-owned grocery store workers strike in Colorado

Two-week strike begins as union for King Soopers alleges surveillance of workers and pushes to gut health benefits

Barchart

Kroger's Q4 2024 Earnings: What to Expect

Kroger is all set to release its fiscal fourth-quarter earnings in March, and analysts project a double-digit profit decline.

Salon

What foods contain Red 3 dye?

Candies, processed meats and certain products are just a few food items that contain the food dye

The Independent UK

What products contain Red 3 dye? Checking ingredient labels is the best way to find out

The Food and Drug Administration is ordering food and drug makers to remove a dye called Red 3 from the products U.S. consumers eat and drink

MarketBeat

Kroger Is a Good Buy for 2025 After Failed Albertson’s Bid

Kroger investors can look forward to robust capital returns in 2025, which will include dividends, distribution increases, buybacks, and debt reduction.

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