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Showing posts with label ReStock. Show all posts
Showing posts with label ReStock. Show all posts

Wednesday, December 06, 2017

Kroger Restocks

Kroger begins next phase in Restock initiative
Company expects partnerships based on local preference to increase   By Dan Orlando in SuperMarketNews

The Restock Kroger Initiative, which launched in October, has begun to change the layout and operational procedures of the Cincinnati-based company’s vast network of stores, Chief Financial Officer Mike Schlotman said on Tuesday. 

The program—which Schlotman referred to as a “balance between merchandising and operation efficiencies” during a presentation at the Barclays Eat, Sleep, Play Conference—involves an accelerated effort that centers around pricing, personalized communications with shoppers and a significant revamp of product assortments based on findings from the company’s research arm, 84.51°. .... " 

Friday, October 20, 2017

Kroger Invests in New Tech

Followed Kroger for year, always had an impressive depth of tech use,  not as much breadth.  This and other efforts many be an example of new take.


Kroger unveils plan to invest in technology, store resets
“Restock” initiative includes private brand growth, digital shopping, meal solutions  Mark Hamstra  in Supermarket News
Kroger on Wednesday unveiled a series of strategic moves that include reducing its investments in new stores and leveraging technology to accelerate changes in assortments and improve customer service at existing locations.

As previously reported, the company also is considering the potential sale of its convenience-store division, a $4 billion business operating 784 locations in 18 states.

The “Restock Kroger” initiative will involve an accelerated and more data-driven effort around pricing, personalized communications with customers and a massive revamp of product assortments, executives form the Cincinnati-based company explained in Kroger’s annual Analyst Day. Kroger is the largest collector of food purchase data in the U.S., the company said, and it intends to use that data as a competitive advantage as it expands its efforts to provide meal- and food-shopping solutions. .... "