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Kroger

Largest supermarket retailer in U.S.

Headquarters:
1014 Vine St.
Cincinnati, OH 45202
Employees: 400,000
CEO: Rodney McMullen
Stock Symbol: KR

Website: http://www.kroger.com

Career Site

Kroger is the nation's largest grocer retailer with 2,625 supermarkets and multi-department stores in 34 states under two dozen local banner names including Kroger, City Market, Dillons, Food 4 Less, Fred Meyer, Fry's, Harris Teeter, Jay C, King Soopers, QFC, Ralphs and Smith's.

The company also operates 782 convenience stores, 326 fine jewelry stores, 1,330 supermarket fuel centers and 37 food processing plants in the U.S.

The company's food stores make up 95% of company sales. It operates stores in three different formats and nearly two dozen brand names:

- Supermarkets - Kroger, Ralphs, Dillons, Smith's, King Soopers, Fry's, QFC, City Market, Owen's, Jay C, Kessel Food Markets, Pay Less, Baker's, Gerbes, Harris Teeter
- Multi-department stores - Fred Meyer, King Soopers Marketplace, Fry's Marketplace, Smith's Marketplace, Kroger Marketplace
- Price-impact warehouse stores - Food 4 Less, Foods Co.

In January 2014, the company acquired Harris Teeter Supermarkets for $2.4 billion, which added 227 stores to the chain.

In 2014, Kroger reported total sales of $108.5 billion, a 10.3% increase. Net income was $1.73 billion.

Kroger said it created 25,000 new jobs during the past year. More than 90 percent of the new jobs are in the company's supermarket divisions, ranging from full-time department heads and assistant store managers to part-time courtesy clerks and cashiers. Over the last seven years, Kroger has created more than 65,000 new jobs. This figure does not include increases due to the company's mergers. Kroger and its subsidiaries today employ nearly 400,000 associates.

Chairman and CEO Rodney McMullen said, "2014 was an outstanding year by all measures. Kroger captured more share of the massive food market, delivered on our commitments and invested to grow our business."

History

Barney Kroger opened his first food store in 1883. He bought out his partner the following year and opened a second store. In 1901, Kroger became the first supermarket to operate its own bakeries. With 40 stores and $1.75 million in annual sales in 1902, The Kroger Grocery and Baking Company is incorporated.

In 1999, Kroger merged with Fred Meyer in a $13 billion deal that formed the nation's largest food retailer.

Benefits

- Medical Plan
- Prescription Drug Plan
- Dental Plan
- Vision Plan
- 401(K) Savings Plan
- Company-Sponsored Retirement Benefit
- Company-Paid Life Insurance
- Voluntary Life Insurance
- Personal Accident Insurance
- Dependent Group Life Insurance
- Company-Paid Salary Continuation
- Long-Term Disability Insurance
- Long Term Care Insurance
- Health & Dependent Day Care Flexible Spending Accounts
- Group Legal
- Group Homeowners and Auto Insurance
- Stock Purchase Plan
- Employee Assistance Plan
- Paid Vacation Program
- Merit Increases
- Incentives Program
- Credit Union Membership
- Company-Paid Continuing Education Program
- Professional Liability Coverage

Updated March 6, 2015