Some grocers are using AI to cut food waste and boost profit margins [MSNBC.com]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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Source: MSNBC.com
As grocery chains face mounting pressure from inflation-weary shoppers and growing competition, some in the industry are starting to rely on to protect margins without losing customers.Traditional levers to protect profits or drive sales, like raising prices or running blanket promotions, are becoming less effective as shoppers split trips across multiple retailers in search of value. That dynamic has helped drive market share gains for discounters likeDollar GeneralCostcoMany are turning to more targeted, tech-enabled strategies to balance affordability with profitability. One emerging approach is using data and to adjust pricing on perishable inventory, especially items nearing their "best-by" dates. Historically, about 30% of food in American grocery stores is thrown away each year, andNow with years of high inflation and a recent spike in gas prices making it harder for households to afford food, companies are trying to assume less of that loss, otherwise referred to as "shrink"
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News
- Some grocers are using AI to cut food waste and boost profit margins [CNBC]CNBC
- Kroger Launches Pearl Street Academy [Yahoo! Finance]Yahoo! Finance
- Kroger Launches Pearl Street Academy [TheStreet.com]TheStreet.com
- Kroger Launches Pearl Street AcademyPR Newswire
- Walmart is remodeling 7 Kentucky stores this year. Here's what to expect [Yahoo! Finance]Yahoo! Finance
KR
Earnings
- 3/5/26 - Beat
KR
Sec Filings
- 4/2/26 - Form 4
- 3/31/26 - Form 10-K
- 3/27/26 - Form SCHEDULE
- KR's page on the SEC website