Latest The Kroger Co News

Woman sues over melon linked to US salmonella outbreak

Apr. 17, 2019 1:00 PM EDT

INDIANAPOLIS (AP) — A Kentucky woman is suing an Indiana-based company that issued a recall last week for melon products linked to a salmonella outbreak. Fifty-year-old Tammy France of Louisville alleges in her federal lawsuit that she spent a week hospitalized with salmonella poisoning after eating...

Cut melon linked to US salmonella outbreak recalled

Apr. 13, 2019 12:17 PM EDT

INDIANAPOLIS (AP) — An Indianapolis-based company has issued a recall for melon products sold in 16 states after being linked to a salmonella outbreak. The U.S. Food and Drug Administration said Friday that the recall includes cut watermelon, honeydew and cantaloupe produced by Caito Foods LLC. The fruit...

As cashless stores grow, so does the backlash

Apr. 12, 2019 3:16 PM EDT

NEW YORK (AP) — Hembert Figueroa just wanted a taco. So he was surprised to learn the dollar bills in his pocket were no good at Dos Toros Taqueria in Manhattan, one of a small but growing number of establishments across the U.S. where customers can only pay by card or smartphone. Cash-free stores are...

As cashless stores grow, so does the backlash

Apr. 12, 2019 3:14 PM EDT

NEW YORK (AP) — Hembert Figueroa just wanted a taco. So he was surprised to learn the dollar bills in his pocket were no good at Dos Toros Taqueria in Manhattan, one of a small but growing number of establishments across the U.S. where customers can only pay by card or smartphone. Cash-free stores are...

Walgreens lowers 2019 expectations after 2Q forecast miss

Apr. 2, 2019 4:25 PM EDT

Walgreens slashed its 2019 forecast and missed second-quarter expectations with a performance that sent its shares plunging Tuesday and helped knock down the Dow Jones Industrial Average. Company leaders told analysts that challenges they had been expecting like reimbursement cuts and lower price increases for...

Asian shares fall on doubts over US-China trade deal

Mar. 7, 2019 10:50 PM EST

SINGAPORE (AP) — Asian markets tumbled Friday on fears that the U.S. and China may not be as close to a trade deal as President Donald Trump had suggested. Selling was also fueled by worries about the global economy ahead of Chinese trade data. The Shanghai Composite index gave up 2.9 percent to 3,016.22...

Markets Right Now: Wall Street sinks again, extending losses

Mar. 7, 2019 4:12 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks fell again on Wall Street, marking the fourth straight loss for the S&P 500 and putting the benchmark index on track for its first weekly drop since January. Technology companies and banks led the way lower...

Kroger shares plummet on weak Q4 sales, profits

Mar. 7, 2019 3:30 PM EST

CINCINNATI (AP) — Kroger's costly modernization plan may eventually help it compete with retailers like Walmart. But in the meantime, it's a big drag on profits. The supermarket chain's shares fell sharply Thursday after it reported weaker-than-expected fourth quarter earnings and disappointing guidance...

S&P 500 snaps 3-day losing streak as US stocks close higher

Mar. 1, 2019 4:59 PM EST

Health care and technology companies helped lift U.S. stocks higher Friday, breaking a three-day losing streak for the S&P 500 and giving the benchmark index its fifth consecutive weekly gain. Renewed optimism for a potential resolution to the U.S.-China trade conflict helped put investors in a buying mood...

'Ugly produce' trend may have limits, as grocers end tests

Feb. 21, 2019 12:32 PM EST

URBANDALE, Iowa (AP) — Is the "ugly produce'" trend already reaching the end of its shelf life in supermarkets? Walmart and Whole Foods in recent years tried selling some blemished fruits and vegetables at a discount, produce they said might otherwise be trashed because it's not quite the right size, shape...