Kroger’s digital sales grew 92 percent in the first quarter of 2020, partly driven by the COVID-19 pandemic. In a first quarter results report, CFO Gary Millerchip said, "The COVID-19 pandemic has dramatically changed the outlook for food retail in 2020 and we continue to monitor, evaluate and adjust our plans to address the impact to our business.”
CEO Rodney McMullen also shared the company’s thoughts on the racial tensions taking place throughout the country. "The COVID-19 pandemic and the most recent instances of racial injustice have changed our country in unmistakable ways, not the least of which is the devastating loss of life and livelihood that has affected so many Americans. Kroger remains guided by our purpose and our values. I am proud of our associates who stepped up when we were called to be there for our customers, communities and each other. Our company is proud to stand with our Black associates, customers and communities against racism and for a more just and equitable society.”
Related: Kroger to Build Additional CFCs with Ocado; Kroger On Track to Achieve Sustainability Goals.
from Industry Operations https://ift.tt/3docbAq
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