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Stock Market & Financial Investment News

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December 23, 2012
12:40 EDTKRKroger ratifies agreement with UFCW Local 1995
The Kroger associates working at stores in the company's Mid-South and Atlanta Divisions have ratified a new labor agreement with UFCW Local 1995. "We are pleased to reach an agreement that is good for our associates and allows us to be competitive in the region," said John Hackett, president of Kroger's Mid-South Division.
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September 18, 2014
14:52 EDTKRKroger testing online ordering, pick-up service, Progressive Grocer says
Kroger is testing a "click-and-collect system" in Cincinnati which allows customers to submit their orders online and pick them up at a drive-thru windows, Progressive Grocer reports. The technology that Kroger is utilizing is the same technology that has been deployed by Harris Teeter, a company that Kroger acquired last year. "Harris Teeter has successfully scaled this model in their stores and we are learning a lot from them about it. Our approach with new technologies and systems is to test small and work out the kinks before scaling more widely," said Rachel Betzler, public relations manage for Kroger's Cincinnati division. Reference Link
14:06 EDTKRKroger price target raised to $58 from $55 at Argus
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10:44 EDTKRKroger board raises quarterly dividend by 12% to 18.5c
Kroger's Board raised the quarterly dividend by 12% to 18.5 per share, to be paid on December 1 to shareholders of record as of the close of business on November 14. The company continues to expect an increasing dividend over time.

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