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The Kroger Company

The Kroger Company
Public
Traded as KR
S&P 500 Component
ISIN US5010441013
Industry Retail
Founded 1883; 134 years ago (1883)
Cincinnati, Ohio, U.S.
Founder Bernard Kroger
Headquarters Cincinnati, Ohio, United States
Number of locations
2,778 (2015)
Area served
United States
Key people
Rodney McMullen
(CEO & Chairman)
Products Convenience store,
supercenter/superstore,
Other specialty, supermarket
Revenue IncreaseUS$115.3 billion (2016)
DecreaseUS$3.436 billion (2016)
DecreaseUS$1.975 billion (2016)
Total assets IncreaseUS$36.5 billion (2016)
Total equity DecreaseUS$6.698 billion (2016)
Number of employees
443,000 (2017)
Divisions Inter-American Products
various chains
Website www.thekrogerco.com
www.kroger.com

The Kroger Company, or simply Kroger, is an American retailing company founded by Bernard Kroger in 1883 in Cincinnati, Ohio. It is the United States's largest supermarket chain by revenue ($115.34 billion for fiscal year 2016), the second-largest general retailer (behind Walmart) and the twenty-third largest company in the United States. Kroger is also the third-largest retailer in the world and the second largest private employer in the United States. As of December 2015, Kroger operates, either directly or through its subsidiaries, 2,778 supermarkets and multi-department stores. Kroger's headquarters are in downtown Cincinnati. It maintains markets in 34 states, with store formats that include supermarkets, superstores, department stores, 786 convenience stores, and 326 jewelry stores. Kroger-branded grocery stores are located in the Midwestern and Southern United States. Kroger operates 37 food processing or manufacturing facilities, 1,360 supermarket fuel centers and 2,122 pharmacies.

Kroger's employees are mostly represented by collective bargaining agreements (union employees) and many are represented by the United Food and Commercial Workers (UFCW) union.

In 1883, Bernard 'Barney' Kroger invested his life savings of $372 (roughly equal to $9,600 as of 2015) to open a grocery store at 66 Pearl Street in downtown Cincinnati. Pearl Street formerly existed between 2nd Street and 3rd Street. The location is now approximately where I-71 passes the Great American Ballpark. In 1884 Kroger opened his second store.


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