1:24 a.m. Oct. 25, 2021
- By Ciara Linnane
Kroger says Home Chef meal kit and ready-to-eat business has passed $1 billion in annual salesGrocery retailer The Kroger Co. said Monday that Home Chef, which includes ready-to-cook and ready-to-heat meals, has passed $1 billion in annual sales. The company, which was founded in 2013 by Pat Vihtelic, merged with Kroger in 2018. "Whether it's meal kits, or heat-and-eat and ready-to-cook solutions -- which are available via subscription, in-store, pickup, or delivery -- it's safe to say that Home Chef has mealtime covered," Dan De La Rosa, Kroger's group vice president of fresh merchandising said in a statement. Home Chef currently offers more than 500 products including meal kits, heat-and-eat meals, ready-to-eat products and seasonal meals. Kroger shares were slightly higher premarket and have gained 27% in the year to date, while the S&P 500 has gained 21%.
1:15 a.m. Oct. 6, 2021
- By Ciara Linnane
Kroger to hire 20,000 associates for the holiday season at Oct. 13 event The Kroger Co. said Wednesday it is planning to hire 20,000 associates for the holiday season at an event planned for Oct. 13. The company will hire for retail, e-commerce, manufacturing, supply chain, merchandising, logistics, corporate, and pharmacy and healthcare roles using virtual and on-site interviews scheduled for 2 to 5 p.m. ET on that day. Shares were down 0.6% premarket but have gained 26% in the year to date, while the S&P 500 has gained 15.7%.
12:12 p.m. Feb. 5, 2021
- By Claudia Assis
Kroger offers $100 to each employee who gets the COVID-19 vaccine Kroger Co. late Friday became the latest retailer to plan on paying workers to get the COVID-19 vaccine. Kroger said it will provide a one-time payment of $100 to all associates who receive a full round of vaccine as recommended by the makers. In addition to the new vaccine payment, the company also said it plans to spend an additional $50 million "to thank and reward" employees, including store credit and points to be used for fueling. Employees who due to medical or religious reasons cannot receive the vaccine will have the option of completing an educational health and safety course to receive the payment, the company said. Kroger shares rose 0.3% in the extended session Friday after ending the regular trading day down 0.9%. Several retailers, including Instacart Inc. and Dollar General Corp. to employees for the vaccine. Kroger was under criticism earlier this week as in response to a local ordinance requiring extra pay for certain grocery employees working during the pandemic.