Around 94% of Kroger’s business comes from food. The workforce in those stores is now so large that Kroger needs 300 different union agreements to maintain labor peace. That’s the equivalent of around 280,000 NFL regulation football fields. All those locations give Kroger 161.7 million square feet of retail space. Kroger also operates 37 food processing and manufacturing plants and 36 distribution centers to supply those stores with products. Those stores include 2,619 supermarkets, 782 convenience stores and 326 jewelry stores. Kroger now operates 3,727 stores that employ around 375,000 people in 37 states.In contrast, Walmart’s revenue grew by just 1.43% during the same period and Costco’s by 4.36%. What’s truly interesting is that Kroger keeps getting bigger its revenue grew by nearly 10% (8.55% to be exact) during 2014. CVS’s revenues are so huge because it has a large prescription processing business in addition to its drugstores. 28, 2015 and drugstore operator CVS Health (NYSE: CVS), which reported revenues of $139.37 billion on Dec. 31, 2015 Costco, which reported revenues of $115.64 billion on Feb. In fact, only three American retailers do more business than Kroger: Walmart, which reported revenues of $485.65 billion on Jan. 31, 2015, Kroger reported revenues of $108.47 billion on the same day Target reported revenues of $72.62 billion, and Sears reported revenues of $32.2 billion while Walgreen reported revenues of $77.52 billion on Nov. Kroger is now bigger and more profitable than such retail legends as Target (NYSE: TGT) and Sears (NYSE: SHLD), which owns Kmart and Walgreen (NASDAQ: WBA).
Some extraordinary facts about Kroger that you might not be aware of include: Kroger has become a dominant force in American retail that could soon rival Walmart as the nation’s most popular grocer and discount store. It has been able to go toe to toe with such giants as Walmart and Costco Wholesale (NYSE: COST) and win. The 132-year-old company has proven to be one of the most competitive, innovative and aggressive retailers in the United States. Kroger’s growth over the past decade has been extraordinary. (NYSE: WMT) and is America’s largest grocer. Kroger is now the second largest retailer in the United States behind Walmart Stores Inc.
(NYSE: KR) as just a grocer are definitely missing the big picture.
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