Kroger Supermarkets And The Largest Geographic Span

Kroger Supermarkets were started in 1883 by Barney Kroger in downtown Cincinnati. Mr. Kroger started his business with the motto: “Be particular. Never sell anything you would not want yourself.” Through the years Kroger has strived to uphold this motto to its customers and to provide great service, the freshest products and expansion to meet the needs of their customer base making it one of the world’s largest retailers. Kroger now has over 2,600 stores in 34 states with $108.5 billion in annual sales. Kroger operates 37 food processing facilities and Kroger was the first grocery retailer to use the electronic scanner.

Kroger’s corporate strategy consists of continuously innovating and creating new ways of bring value to the customer. They were pioneers for many of the things that we now consider norms in grocery stores. In the past, Kroger had rapidly expanded to many store locations to gain market share. This expansion strategy caused them to lose profits in

ACC 300 FSA Project Ratio Analysis of The Kroger Co. and Whole Foods Market, Inc. TEAM Jake Eriksen (002) Brycen Goldstein (002) 16 Ross Wright (001) Nicolas Kim Omar Harb (001) (002) Kroger The Kroger Co. (referred to as Kroger) is a large grocery chain audited by PricewaterhouseCoopers LLP.

Kohl’s is an American department store, founded by Maxwell Kohl in 1962. In 1946, Maxwell operated his first store which is known as Kohl’s Food Store. After the success of Kohl’s Food Store, he opened his first department store which is Kohl’s Department Store (present). Since that year, it has been operating in the retail industry and it offers clothing, furniture, accessories, electronics, and house ware products. During the 2000s. Kohl’s has expanded nationwide in the United States. Also, Kohl’s is the second largest retail store in the United States. In addition, the target group of Kohl’s are upper middle and upper class individuals especially families.(Gennrich, 2012)

Publix supermarket was founded in 1930 by George w. Jenkins (Organizational Structure of Publix, 2013). It is among the biggest and fastest developing employee-possessed supermarket chains in the United States. The organization, however, belongs to a private party. Besides this, the

Publix Supermarkets, Inc. is the largest employee supermarket chain and fastest growing company in the United States. It was founded in 1930 by George W. Jenkins and opened the first Publix store in Winter Haven Florida is a employee- owned privately held corporation. Publix is has over more than 1,061 supermarket stores, eight grocery distribution centers, twelve brand manufacturing facilities, and 820 Publix Pharmacies. The manufacturing facilities produce its dairy, deli, bakery, and other food products. Our stores are located in Florida- 752, Alabama-51, Georgia- 180, South Carolina- 45, and Tennessee- 33. Publix built its first distribution in Lakeland, Florida and moved its headquarters there from Winter

It was founded in Winter Haven, Florida in 1930 by the inspiration of Georges W. Jenkins who was a successful manager at the “Piggly Wiggly Market.” His Dream was to make a difference among other corporations; therefore, Jenkins decided to put together associates and customers’ efforts to help him expand a single store to one of the largest employee-owned grocery chain in the United States of America. Publix’s success is due to its value proposition that makes the store unique, where shopping is always a pleasure, for customers that value high quality in every aspect of the company despite high pricing. In order for Publix to gain and sustain its competitive advantage, the founder captured his employee’s loyalty by giving shares to the early ones in the company. Also, he offered a “Bogo” program on about forty items every week (buy one and get one free). Publix differentiates itself in terms of service, quality and price. (Anders: missing cite

Subsequently, in 1999 Kroger merged with Fred Meyer in a 13 billion dollar buyout. Fred Meyer itself was currently operating under many banners: Ralph's, Fry's, King's, QFC, and Smiths. Fred Meyer came with warehouses, its own food processing plants, dairy, bakery and ice creams pants and the largest trucking fleet, second largest jewelry store in the nation not to mention its absolute domination in the Northwest, with its 165,000 square feet store format. Fred Meyer shared the Kroger philosophy with one stop shopping on an even larger scale with its multi-department stores (The Kroger Co., 2012).

American retailer Kohl’s has become a prevalent fixture for the purchase of discounted clothing and home goods in the mid-west for over twenty-five years. The history of the company however has roots much more modest than present day market dominance would suggest. Dating back to a Wisconsin supermarket in 1946, founder Max Kohl grew his small business to the most successful chain of supermarkets in the Milwaukee area (12). By 1962 Kohl opened his first department store in Brookfield, Wisconsin where an eclectic selection of merchandise, from sporting goods, motor oil and candy, was sold (11). In 1972, the Kohl’s Company which by then consisted of 50 grocery stores, six department stores, three drug

The Kroger Company owns and operates most of its banner companies. They have convenience stores, fuel centers, pharmacies, fine jewelry, apparel, grocery stores, manufacturing sites, clinics, and financial services. According to Bethel University, (2017) this is called the broad differentiation strategy. They have several services to offer the public, and are always trying to stay ahead of the competition.

Acquisitions have also been important in the history of Kroger. In 1983, an acquisition of Dillon Companies Inc. allowed it to become a retailer of food, drug, and convenience stores from coast to coast. The biggest merger occurred in 1999 with the 13 billion dollar acquisition of Fred Meyer Inc. making Kroger the largest supermarket chain in terms of geographic coverage. The company was also the first to test

The Kroger Company grew in 128 years from one store to over 3,500 stores of various banners and products. The Kroger Company is the largest food and drug retailer in the United States and is growing constantly with diversity in the retail market, dealing in food, pharmacies, apparel, jewelry and fuel. Kroger is governed by a 14 member Board of Directors including a Chief Executive Officer. Kroger is a leader in Corporate Social responsibility by maintaining environmental consciousness, social awareness and energy conservation awareness. Kroger is committed to customers, builds diversity and focuses on growth. The company operates a large part of it’s own manufacturing and distribution to increase profit

Publix Super Markets is one of the largest and fastest growing employee-owned grocery companies in the United States. The company seeks to provide a broad range of quality and fresh products at reasonably affordable prices. They purposefully strive to avoid waste, offer great value, and act as good corporate citizens for the communities that they serve. The company also maintains manufacturing and distribution centers to supply its stores. Unless otherwise noted, the core information about the elements of Publix comes from their website, whose address is http://www.publix.com/Home.do.

However, in 2007 Coles group was looming on bankruptcy with sales continuously dropping. In August 2007, Wesfarmers Limited bought Coles group and were considering selling Kmart. However by March 2008 they decided to keep Kmart and completely remodelled the store image (Kmart, About Us).

The company that is listed as number one on the Fortune 500 list is Wal-Mart. This company has much strength that makes it very interesting for investment. Wal-Mart was founded by Sam Walton in the 1950’s and faced competition among many regional discount stores. In 1962 Wal-Mart officially began with its first store in Rogers, Arkansas. Wal-Mart now has over 600 discount stores in the United States and stores located in 28 countries. No matter the size of the company its purpose has not changed over the years. Mr. Sam Walton said, “If we work together, we’ll lower the cost of living for everyone... we’ll give the world an opportunity to see what it’s like to save and have a better