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The Latest Breaking News from Kroger

Self-driving trucks to deliver robot-fulfilled grocery orders to Kroger stores

Kroger is about to add another layer of automation to its customers’ online grocery orders filled by robots at its new $55 million fulfillment center in southern Dallas.

Tribune News Service

Your groceries will get stocked by robots and delivered by self-driving trucks (if you shop with Kroger)

Also if you live in Dallas.

Fortune

Big stores see how we spend. Here are 4 things they say about the economy

Retailers have dropped a flurry of financial reports. They paint a messy and conflicting picture about our consumer economy.

WEKU

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Kroger to spend $770 million more on employee pay and benefits this year amid ‘labor hoarding’ trend

A tight labor market has bosses doing something they don’t like to do: spend more on wages and benefits.

Fortune

Ricky Stenhouse Jr: "Nothing compares" to Daytona 500 win

Under a tent leaking from pouring rain and with temperatures in the 40s, Ricky Stenhouse Jr. met with an excited group of race fans in the parking lot of a Ralph’s supermarket in Fontana, Calif., on Friday afternoon.

Motorsport

Kroger workers who quit are getting texts and emails from the company asking them to come back

A tight labor market has bosses doing something they don't generally do: Asking workers who left to please return.

Fortune

Call it ‘slavery.’ Call it ‘forced labor.’ A Florida man did it to people who pick melons

MIAMI — If you bought melons sold at Kroger, Schnucks, Walmart, its big box club offspring, Sam’s Club or other chains, they might’ve been harvested or packed by H-2A visa workers provided by Los Villatoros Harvesting, a Bartow company run by Bladimir Moreno. If they were, that fruit reached your…

Miami Herald

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3 Great Stocks to Buy More of Today

While the Fed’s interest rate increases have shown some success in easing inflation, the stronger-than-expected jobs report suggests that the Fed has more work to do. Continued interest rate hikes will likely push the economy into a recession. Amid an uncertain economic backdrop, it could be wise to buy shares…

StockNews.com

The most popular grocery chain in the US

A recent survey shows millennials are shopping differently than Gen X and Boomer customers

Salon

WA Supreme Court clears way for Albertsons' $4 billion dividend

The Washington state Supreme Court has swept aside the last legal obstacle to a $4 billion dividend by Albertson to its shareholders ahead of a controversial proposed merger with rival Kroger.

Tribune News Service

W.Va. announces $83 million opioid settlement with Walgreens

West Virginia has settled for $83 million with Walgreens for the pharmacy store chain’s role in perpetuating the opioid crisis in the U.S. state with the most per capita overdose deaths

The Independent UK

Egg prices are sky-high. When will they come down?

A humble supermarket staple is no longer.

Tribune News Service

3 Value Stocks Worth Your Attention in 2023

With the Fed slated to increase rates aggressively this year to curb inflation, value stocks could shine again. Thus, investors could invest in shares of fundamentally strong stocks Biogen (BIIB), Dow Inc. (DOW), and Albertsons Companies (ACI) that are trading at attractive valuations. Continue reading….

StockNews.com

Food and agriculture stories for 2023

There’s a great need for change, change that large institutions will likely fight

Salon

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StockNews.com

2 Stocks You Can Buy This Week for Less Than $50

Recessionary fears continue to weigh on investors’ sentiment as inflation is still soaring high, and the Fed is likely to continue with its aggressive interest rate hikes. With prospects of a mild recession next year, it could be wise to invest in fundamentally strong stocks Comcast Corp. (CMCSA) and Albertsons…

USA Today Sports Media Group

Season of giving: Rockets give back with holiday events around Houston

Jalen Green, Eric Gordon, Tari Eason, Boban Marjanović, Jae’Sean Tate, and Kevin Porter Jr. are among #Rockets players giving back with community events this holiday season.

Kiplinger

Family Holiday Meal Deals from Walmart, Target, Kroger

Walmart, Target, and Kroger offering families holiday meal deals to help shoppers battered by crippling grocery costs. But the deals won't last long.

StockNews.com

3 Safe Dividend Stocks to Buy Going Into 2023

The Fed’s indication to keep raising interest rates through next year has retrieved recessionary fears among investors. However, dividend stocks could be a cushion amid such uncertainty by helping investors ensure a steady income stream. Hence, fundamentally strong dividend-paying stocks BHP Group (BHP), Albertsons Companies (ACI), and Global Partners LP…

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The Guardian - US

‘Unexpected item’: how self-checkouts failed to live up to their promise

The kiosks promised to make life easier for shoppers and stores. Instead, they’ve done the opposite

StockNews.com

3 Safe Stocks You Can Buy Now and Hold Forever

While the Fed announced the much-anticipated 50-bps rate hike, its hawkish tone on the course of the rate hikes has crushed investors’ optimism. Moreover, given the recessionary fears, fundamentally solid stocks PepsiCo (PEP), Humana (HUM), and Kroger (KR) might be safe buy-and-hold options. Read more.

StockNews.com

3 Stocks Set to Soar This Month From Holiday Shopping

November’s less-than-expected price rise and better-than-expected job growth should support consumer spending this holiday season. Moreover, as consumers continue to show resilience, fundamentally strong stocks, Walmart (WMT), Kroger (KR), and Tapestry (TPR) seem poised to soar this holiday. Moreover, these companies have a history of paying stable dividends. Read more.

USA Today Sports Media Group

Tari Eason, Boban Marjanovic lead holiday shopping event in Houston

“It is super dope to give back to the community of Houston that has poured so much into us,” Tari Eason said after taking pictures with families and hosting a holiday shopping spree.

StockNews.com

3 Stocks to Help You Survive the Fed’s Aggressive Rate Hikes

With another significant interest rate hike set to put further pressure on the compressed margins of most companies and enhance the odds of a recession, the market is unlikely to stabilize anytime soon. Amid an uncertain market backdrop, loading up on fundamentally strong stocks, UnitedHealth (UNH), McDonald’s (MCD), and Kroger…

The Guardian - US

‘We’re really worried’: US supermarket mega-merger raises mass layoff fears

Kroger and Albertsons seek deal through Federal Trade Commission but employees say previous merger experience has them deeply concerned

Tribune News Service

Judge sides with Albertsons in fight over $4 billion investor payout

SEATTLE — A King County judge on Friday ruled that Albertsons’ plans to pay out $4 billion in dividends to shareholders can go forward amid its increasingly contentious merger with another grocery giant, Kroger.

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