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DoorDash, Kroger Expand Partnership to Offer Full Grocery Delivery from All 2,700 US Stores
Yahoo Finance· 2025-10-01 06:16
Group 1 - DoorDash is expanding its grocery delivery partnership with Kroger, making Kroger the largest grocer available on the DoorDash app [1][2] - The original partnership began in 2022, initially offering limited items such as sushi and flowers from select Kroger stores [2][3] - Starting October 1, DoorDash will provide delivery of Kroger's full grocery assortment from all 2,700 US stores [2][3] Group 2 - DoorDash launched grocery delivery in 2020 with several partners, including Fresh Thyme and Meijer, and previously partnered with Walmart until 2022 [3] - Kroger operates stores in 35 states and the District of Columbia under various brands, including Ralphs, Smith's, and Harris Teeter [3][4] - DoorDash serves as a commerce platform connecting merchants, consumers, and independent contractors both in the US and internationally [4]
Kroger and Hy-Vee to Co-Host 2026 Nourishing Change Conference
Businesswire· 2025-09-30 22:08
Core Insights - Kroger Health and Hy-Vee are co-hosting the second annual Nourishing Change Conference from June 2-4, 2026, in Des Moines, Iowa, aimed at improving health outcomes nationwide [1][12] - The conference will feature keynote presentations, panel discussions, networking opportunities, and an Emerging Brands competition to support health-focused entrepreneurs [2][3] Company Overview: Kroger Health - Kroger Health operates over 2,200 pharmacies and 220 clinics across 35 and 9 states respectively, serving more than 17 million customers annually [4] - The organization employs 23,000 healthcare practitioners and promotes the concept of "food as medicine" to prevent disease and enhance health [4] Company Overview: Hy-Vee - Hy-Vee operates more than 560 business units across nine Midwestern states, generating over $14 billion in annual sales [5] - The company is recognized for its quality, variety, and customer service, employing over 70,000 individuals [5]
Kroger expands grocery delivery partnership with DoorDash
Yahoo Finance· 2025-09-30 09:16
Core Insights - Kroger has expanded its grocery delivery partnership with DoorDash, enabling delivery from 2,700 Kroger locations across the US starting October 1, 2025 [1] - The collaboration will allow DoorDash customers to access Kroger's full range of grocery items, including fresh produce and private-label goods [1][4] - The companies aim to enhance retail media strategies and explore new delivery models leveraging Kroger's store network and DoorDash's technology [2] Company Strategies - Kroger's chief digital officer emphasized the initiative as a step towards simplifying customer shopping experiences and expanding access to high-quality grocery assortments [2] - DoorDash's president highlighted the convenience of on-demand delivery for millions of customers, providing access to Kroger's full assortment at affordable prices [4] - Kroger has established a dedicated e-commerce division to streamline its digital customer interface [4] Market Performance - DoorDash reported that over 25% of its global monthly active users purchased from new categories, including groceries, in Q2 2025 [3] - Kroger's e-commerce sales reached $13 billion in 2024, indicating a strong digital presence [5] - The partnership is expected to drive more traffic and enhance data utilization for retail media business [3]
DoorDash Extends Kroger Partnership to 2,700 New Stores
PYMNTS.com· 2025-09-29 20:06
Core Insights - DoorDash is expanding its partnership with Kroger to include 2,700 new stores, enhancing delivery services for fresh foods, essential items, and Kroger's private label products starting October 1 [2][3] - The collaboration aims to meet consumer demand for on-demand delivery while providing value and savings, as Kroger has been one of the most requested grocers on DoorDash's platform [2] Company Developments - The updated partnership will allow access to Kroger's private label offerings, which have gained popularity due to economic pressures and inflation, leading consumers to seek budget-friendly options [3] - Kroger plans to reintroduce paper coupons to cater to older customers and those less digitally savvy, aiming to simplify promotional offers and make deals accessible to a broader customer segment [4][5] Market Trends - The grocery sector is witnessing a surge in grocery orders through DoorDash, indicating a shift in consumer purchasing behavior towards online grocery shopping [2] - The rise of private-label brands is attributed to major retailers expanding their assortments to include premium and specialty segments, driven by consumer demand for cost-effective alternatives [3]
i-wireless, LLC, Owners of Wireless Brands Access and Kroger Wireless Select Telgoo5 to Power Next-Generation Wireless Services
Businesswire· 2025-09-29 18:08
CINCINNATI--(BUSINESS WIRE)-- #AccessWireless--i-wireless, LLC, owners of Access and Kroger Wireless, has selected Telgoo5 to power next-generation wireless services for its brands. ...
DoorDash and Kroger are expanding their grocery delivery partnership
Yahoo Finance· 2025-09-29 13:33
Core Insights - DoorDash and Kroger are expanding their grocery delivery partnership, starting October 1, allowing DoorDash to deliver from Kroger's 2,700 U.S. stores [1][2] - The partnership began in 2022, initially offering limited items like flowers and sushi, but will now include Kroger's full assortment [2][3] - This expansion is seen as a significant milestone for DoorDash, making Kroger the largest grocery provider on its platform [3] Company Overview - DoorDash is the largest U.S. delivery provider, having launched grocery delivery in 2020 with various partners [1] - Kroger is the largest U.S. grocery chain, operating in 35 states and the District of Columbia, and includes multiple brands such as Ralphs and Harris Teeter [4] - Kroger also has its own delivery service and collaborates with other delivery competitors like Instacart and Uber Eats [4]
Kroger and DoorDash to Bring Fast, Convenient Grocery Delivery to Millions Nationwide
Prnewswire· 2025-09-29 13:00
Core Insights - Kroger is expanding its partnership with DoorDash to offer its full grocery assortment, including fresh food and exclusive products, to customers nationwide starting October 1, 2025 [1][3][4] Group 1: Partnership Expansion - Nearly 2,700 Kroger stores will be available on DoorDash, allowing customers to access groceries in as little as one hour [1] - The partnership aims to attract new households and increase shopping occasions by leveraging Kroger's store network [1][4] Group 2: Customer Convenience - Customers will benefit from on-demand delivery, affordability, and loyalty program discounts integrated into the DoorDash app [3][4] - The expansion is expected to reach tens of millions of DoorDash customers seeking fresh groceries and household essentials [4] Group 3: Market Position and Strategy - Kroger has been one of the most searched grocers on DoorDash, indicating strong consumer demand for its products [3] - The collaboration will also focus on joint innovation, including retail media and new delivery models to enhance customer engagement [4][5] Group 4: Market Trends - DoorDash has seen over 25% of its global monthly active users ordering from new verticals, including grocery, highlighting a growing trend in on-demand grocery delivery [5] - The integration of grocery delivery into everyday shopping experiences is a key focus for both companies [5]
Dividend Stability of The Kroger’s (KR) and its Relevance to Retail Dividend Stocks
Yahoo Finance· 2025-09-25 23:35
Core Insights - The Kroger Co. is recognized as one of the 12 Best Retail Dividend Stocks to Buy Now, highlighting its appeal to income investors [1] - The company is a major player in the food retail industry, operating over 2,700 stores and providing essential grocery services, which contributes to its stability [2][3] Company Overview - The Kroger Co. operates under various banners including Fred Meyer, Ralphs, King Soopers, Harris Teeter, and its flagship Kroger brand, along with over 2,000 in-store pharmacies and around 1,500 fuel centers [3] - The company has a strong track record of consistent earnings and shareholder rewards, making it a vital part of the communities it serves [2] Dividend Information - Kroger has a 19-year history of consistent dividend growth, making it one of the best dividend stocks in the retail sector [4] - The company currently pays a quarterly dividend of $0.35 per share, resulting in a dividend yield of 2.17% as of September 22 [4]
Harris Teeter and Make-A-Wish® Central & Western North Carolina Celebrate $1 Million Fundraising Milestone
Prnewswire· 2025-09-25 19:35
Core Points - Harris Teeter has raised over $1 million for Make-A-Wish Central & Western North Carolina since 2013, funding more than 100 wishes for children with critical illnesses [1][2][4] - The partnership highlights the importance of community engagement and purpose-driven initiatives in supporting families and children in need [2][4] - Harris Teeter's efforts include events with vendor partners, such as an annual cornhole tournament, to raise funds and awareness for Make-A-Wish [3][4] Company Overview - Harris Teeter, a subsidiary of The Kroger Co., has been operating for over 60 years and employs 36,000 associates across more than 250 stores and 70 fuel centers in multiple states [6] - The company is committed to enriching lives through community support and charitable initiatives [6] Make-A-Wish Overview - Make-A-Wish Central and Western North Carolina aims to grant wishes for eligible children, believing that such experiences can enhance their physical and emotional strength [5] - In 2024, the organization granted wishes for 430 children, and since its inception in 1985, it has granted over 6,500 wishes in the local community [5]
Wall Street Is Eating Up This Dividend Stock. Should You Buy Shares Before They Surge as Much as 30%?
Yahoo Finance· 2025-09-23 23:30
Core Insights - Kroger's latest earnings report indicates strong business momentum with a 3.4% increase in identical sales without fuel, leading to an operating profit of $863 million and an adjusted EPS of $1.04, surpassing consensus by $0.04 [1][8][14] Financial Performance - The company reported total sales of $33.9 billion for the second quarter, matching last year's figures despite a $718 million reduction in specialty pharmacy assets, with underlying revenue (excluding fuel and pharmacy) rising by 3.8% [8] - Kroger's gross margin improved to 22.5%, up from 22.1% a year ago, aided by lower supply chain costs and reduced shrinkage [9] - The net total debt to adjusted EBITDA ratio stands at 1.63, below the target range of 2.3 to 2.5, indicating prudent financial management [9] Market Valuation - Kroger's market value is $43.3 billion, with a PEG ratio of 1.92x compared to the sector median of 2.69x, and a price/cash flow ratio of 6.14x versus the industry's 12.40x, highlighting its attractive valuation [2] Dividend Information - The company offers a forward annual dividend of $1.40 per share, yielding 2.12%, supported by a 26.97% dividend payout ratio, positioning it for sustainable returns [3] Growth Initiatives - Kroger is expanding its product lines, including the launch of the Simple Truth Protein line with over 80 choices, and entering the premium beauty and wellness segment through exclusive partnerships [10][11] - Plans to close approximately 60 underperforming stores and reinvest in 30 major renovation projects are underway to streamline operations [12] Analyst Sentiment - Analysts project an average earnings estimate of $1.04 per share for the current quarter, up from $0.98 a year earlier, with full fiscal year earnings forecasts climbing to $4.79, and further to $5.26 in fiscal 2027 [13][14] - A "Moderate Buy" consensus from 21 surveyed analysts indicates strong support for Kroger's growth potential, with an average price target of $77.65, suggesting an 18.4% potential gain [15] Conclusion - Kroger's compelling growth narrative, supported by strong earnings, increasing dividends, and positive analyst sentiment, positions the company favorably for potential gains, with a target price of $85 if current momentum continues [16]