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Kroger Co Add to portfolio

INX:KR, Apr 21, 07:09 UTC

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BRIEF-Kroger Announces $1.2 Billion Accelerated Share Repurchase Program

KR

BRIEF-Kroger Announces $1.2 Billion Accelerated Share Repurchase Program. (Reuters) - Kroger Co:. * KROGER CO - ANNOUNCES $1.2 BILLION ACCELERATED SHARE REPURCHASE PROGRAM. * KROGER - $1.2 BILLION ASR IS ADDITIONAL REPURCHASE AUTHORIZATION, INCREMENTAL TO $1 BILLION REPURCHASE PROGRAM ANNOUNCED ON MARCH 15 Source text for Eikon: Further company coverage:. Next Article. Walmart could buy controlling stake in Flipkart as early as next week - sources.

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Monday, April 16


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Kroger Goes on a Hiring Spree

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According to a report from The Wall Street Journal, Kroger will invest in new employees in a major way. Kroger's plan to spend on employees is coming into focus, but will it lead to stock gains? Kroger expects minor improvement from Restock Kroger and Scan, Bag, and Go, forecasting same-store sales to rise between 1.5% and 2% in 2018. While Kroger faces increased competition, the stock is currently priced for Armageddon. In 2017, Kroger reported that same-store sales increased by 0.7%, lower than the 5.2% growth the company posted in 2014. A little behind the curve, but priced as such.

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Tuesday, April 10


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Kroger to hire 11,000 employees to its supermarkets

KR

N) said on Tuesday it would hire 11,000 employees in its supermarket divisions, including Fred Meyer stores and Mariano's Fresh Market, with nearly 2,000 of them for management roles. The hiring would not include jobs created as a result of capital investment, such as temporary construction jobs or increases due to the company's mergers, Korger said. The company's hiring plan follows local media reports that Kroger workers, led by civil rights activist Reverend Jesse Jackson Sr. The company, which had about 449,000 employees as of Feb.3, hired 10,000 employees in 2017 and 12,000 in 2016. What to read next.

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Friday, April 06


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It May Be Time to Put Kroger Co Stock in Your Investment Cart

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For the past year, Kroger stock has lost about 18%. It May Be Time to Put Kroger Co Stock in Your Investment Cart. All these will allow Kroger to learn more about its customers, providing for more personalized experiences. The post It May Be Time to Put Kroger Co Stock in Your Investment Cart appeared first on InvestorPlace.

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Tuesday, April 03


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A Target, Kroger Merger Wouldn’t Be the Game-Changer It Needs to Be

AMZN KR +1 more AMZN KR WMT

Even so, a melding of the two companies wouldn’t likely be nearly as easy as owners of Target stock are hoping… if a merger is in the cards. It’s a possibility Target and Kroger haven’t said a word about it either way; For Target, it’s been rumored that could be Amazon. For starters, while Target has waded deeper into grocery waters, it’s still no Kroger in that regard.

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Friday, March 23


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Should Target Corporation and Kroger Co Merge?

AMZN KR

Especially when the M&A involves two very big companies like Target and Kroger. But tax reform does open a lot of cash for American companies, and there have been a healthy number of M&A deals thus far in 2018. Target stock and Kroger also have a common enemy in Amazon. At $200 billion in revenues for Amazon, its clearly possible for Target and Kroger to post positive comparable sales growth alongside a red-hot Amazon. But if Amazon gets to $400 or $500 billion in revenues, will it still be possible for Target and Kroger to comp positive?

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M&A Rumors: Are Target and Kroger Considering a Merger?

KR

Recent rumors claim that Target Corporation (NYSE: TGT ) and Kroger Co (NYSE: KR ) are considering a merger. According to these M&A rumors, Target and Kroger have been talking about a possible merger since last year. It's also possible that there is no M&A agreement in the works between Target and Kroger. Target and Kroger would also both benefits from a M&A in different ways.

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'No truth' in report of possible Target-Kroger merger: source

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'No truth' in report of possible Target-Kroger merger: source. (Reuters) - There is no truth to a report of merger talks between retailers Target Corp (TGT. Kroger spokeswoman Kristal Howard said: "We generally don't comment on rumors or speculation. " Kroger has a market cap of $20.62 billion and Target $37.12 billion.

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Target and Kroger discussing possible merger - report

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Target and Kroger discussing possible merger: report. N) are in talks about a possible merger, tech focused magazine Fast Company reported on Friday, citing people with knowledge of the matter. The companies first started talks last summer about a partnership that could improve Target's grocery business and give Kroger customers more access to merchandise and e-commerce, the report said. While the talks started once again in 2018, the two companies appear to be struggling to decide whether a merger is the best path forward, the report said.

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Monday, March 19


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Kroger's Fred Meyer plans to phase out firearms business

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Fred Meyer said it was working on plans to phase out sales of firearms and ammunition. March 19 (Reuters) - Kroger Co's Fred Meyer said it would exit its firearms business, two weeks after deciding to stop selling guns and ammunition to buyers under the age of 21. Earlier this month, Kroger joined other U.S. retailers such as Walmart Inc and Dick's Sporting Goods Inc to bar sale of firearms to buyers under 21, following a deadly shooting at a Florida high school. The firearm business generated about $7 million annually, the company said, also highlighting "softening consumer demand". The company operates 133 stores in Alaska, Idaho, Oregon and Washington and sells firearms in 43 of them.

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