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Kroger
The Kroger Company, or simply Kroger, is an American retail company that operates (either directly or through its subsidiaries) supermarkets and multi-department stores throughout the United States. Founded by Bernard Kroger in 1883 in Cincinnati, Ohio, Kroger operates 2,719 grocery retail stores under its various banners and divisions in 35 states (mostly in the South, Midwest and West) and the District of Columbia. Its store formats include 134 multi-department stores, 2,273 combo stores, 191 marketplace stores, and 121 price-impact warehouse stores. Kroger operates 33 manufacturing plants, 1,642 supermarket fuel centers, 2,254 pharmacies, 225 The Little Clinic in-store medical clinics, and 127 jewelry stores (782 convenience stores were sold to EG Group in 2018). Kroger's headquarters are located in downtown Cincinnati. The Kroger Company is the largest supermarket operator in the U.S. by revenue and the country's fifth-largest general retailer. The company is one ...
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Bernard Kroger
Bernard Heinrich "Henry" Kroger (January 24, 1860 – July 21, 1938) was an American businessman who created the Kroger chain of supermarkets. Kroger was a pioneering grocery innovator who introduced self-service shopping to the public in 1895. He allowed customers to enter his stores, shop with prices clearly marked on every item, and take the merchandise home themselves instead of waiting for a delivery. Kroger pioneered in-store bakeries and in-store fresh meat butchery. Kroger grocery stores were the first in the country to sell freshly baked goods, meat, and groceries under the same roof. Kroger was known for his philanthropy and donated to parks, hospitals, and medical research. Early life Kroger was born in Cincinnati, Ohio, the fifth of ten children of German immigrants Johan Heinrich and Mary Gertrude (née Schlebbe) Kroger. Kroger's mother was born in Elve, Westphalia. His father John Henry came from Lüsche in the Grand Duchy of Oldenburg (today a part of Bakum) ...
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Albertsons
Albertsons Companies, Inc. is an American grocery company founded and headquartered in Boise, Idaho. With 2,253 stores as of the third quarter of fiscal year 2020 and 270,000 employees as of fiscal year 2019, the company is the second-largest supermarket chain in North America after Kroger. Albertsons ranked 53rd in the 2018 Fortune 500, ''Fortune'' 500 list of the largest United States corporations by total revenue. Prior to its January 2015 merger with Safeway Inc. for $9.2 billion, it had 1,075 supermarkets located in 29 U.S. states under 12 different regional banners. Its predecessor company, Albertsons, Inc., was reorganized as Albertsons LLC and sold to AB Acquisition LLC, a Cerberus Capital Management–led consortium. After buying back the majority of its former stores it sold to SuperValu in 2006, AB Acquisition announced it would change its name to Albertsons Companies Inc. in 2015. The company's corporate name was Albertson's Inc. until 2002, when the apostrophe wa ...
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Safeway Inc
Safeway, Inc. is an American supermarket chain. The chain provides grocery items, food and general merchandise and a variety of specialty departments, such as bakery, delicatessen, floral and pharmacy, as well as Starbucks coffee shops, and vehicle fuel centers. It is a subsidiary of Albertsons after being acquired by private equity investors led by Cerberus Capital Management in January 2015. Safeway's primary base of operations is in the Western United States, with some stores located in the Mid-Atlantic region of the Eastern Seaboard. The subsidiary is headquartered in Pleasanton, California. History Marion Barton Skaggs, who already had experience in the grocery business, moved to Portland, Oregon in 1921, and established four grocery stores. This chain of stores grew quickly, and Skaggs enlisted the help of his five brothers to grow the network of stores. By 1926, he had opened 428 Skaggs stores in 10 states. He then almost doubled the size of his business that year whe ...
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Henke & Pillot
Henke & Pillot was a chain of supermarkets headquartered in Houston, Texas.Gonzales, J.R.Houston's own Henke & Pillot" ''Houston Chronicle'' blogs. October 20, 2010. Retrieved January 13, 2011. "Offices at 3021 Washington" The chain began in 1872. During its final years of existence, it was a subsidiary of Kroger, which acquired Henke's in 1955. In 1966, Kroger announced the retirement of the Henke & Pillot name. History In 1872, Henry Henke, a grocer from New Orleans, Louisiana, visited Houston to try to establish a new chain. In 1882, Henke asked Camille G. Pillot to become the company bookkeeper; a few years later, Pillot became a full partner in the firm. In 1925, the chain had two stores, one at 302 Milam in what is now Downtown Houston, and the other in what is now Midtown Houston. In May 1955, The Kroger Company acquired Henke & Pillot. Henke's logo soon was changed to look similar to the Kroger logo. In 1956, the chain operated 27 stores, with locations in Greater Houston ...
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Supermarket
A supermarket is a self-service Retail#Types of outlets, shop offering a wide variety of food, Drink, beverages and Household goods, household products, organized into sections. Strictly speaking, a supermarket is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or Big-box store, big-box market. In everyday American English usage, however, "grocery store" is often casually used as a synonym for "supermarket". The supermarket retail format first appeared around 1930 in the United States as the culmination of almost two decades of retail innovations, and began to spread to other countries after extensive worldwide publicity in 1956. The supermarket typically has places for fresh meat, fresh produce, Dairy product, dairy, Delicatessen, deli items, baked goods, and similar foodstuffs. Shelf space is also reserved for canned and packaged goods and for various non-food items such as kitchenwa ...
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Ron Sargent
Ronald L. "Ron" Sargent (born 1955) is an American businessman serving as the interim CEO and chairman of Kroger since March 2025. He was previously the chairman and CEO of Staples, Inc. until September 2016, when he was succeeded by Shira Goodman. Early life In 1955 Sargent was born in Fort Thomas, Kentucky, U.S. Education In 1977, Sargent earned a BA from Harvard University. In 1979, Sargent earned an MBA from Harvard Business School Harvard Business School (HBS) is the graduate school, graduate business school of Harvard University, a Private university, private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which p .... Career Sargent started his career in 1979, stocking shelves and operating the cash register at Kroger Co. Sargent joined Staples in 1989. In 1991, Sargent become head of the Staples catalog division, and in 1997 he became head of North American operations. In 2002, Sargent became the C ...
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Cincinnati
Cincinnati ( ; colloquially nicknamed Cincy) is a city in Hamilton County, Ohio, United States, and its county seat. Settled in 1788, the city is located on the northern side of the confluence of the Licking River (Kentucky), Licking and Ohio River, Ohio rivers, the latter of which marks the state line with Kentucky. It is the List of cities in Ohio, third-most populous city in Ohio and List of united states cities by population, 66th-most populous in the U.S., with a population of 309,317 at the 2020 census. The city is the economic and cultural hub of the Cincinnati metropolitan area, Ohio's most populous metro area and the Metropolitan statistical area, nation's 30th-largest, with over 2.3 million residents. Throughout much of the 19th century, Cincinnati was among the Largest cities in the United States by population by decade, top 10 U.S. cities by population. The city developed as a port, river town for cargo shipping by steamboats, located at the crossroads of the Nor ...
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EG Group
EG Group Limited is a British operator of filling stations, convenience stores and Fast-food restaurant, food service providers across Europe, the United States and Australia. It was founded in Blackburn in 2001 by brothers Mohsin and Zuber Issa, initially as Euro Garages. In October 2015, private equity firm TDR Capital purchased a minority stake in Euro Garages for £1.3 billion. In October 2016, TDR's European Forecourt Retail Group (EFR) merged with Euro Garages to form Intervias Group, which would later be renamed to EG Group. The group's acquisitions have been largely funded by debt, with a net debt of nearly £8 billion in March 2023. Since early 2023, the group has sold its U.S. forecourts in a sale-and-leaseback deal, as well as sold most of its UK assets to Asda, Zuber Issa (as EG On the Move) and Yum! Brands in an effort to reduce this debt. In December 2024, it was revealed the group were seeking to Public float, float in the United States at a valuation ...
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Warehouse Store
A warehouse store or warehouse supermarket is a food and grocery retailer that operates stores geared toward offering deeper discounted prices than a traditional supermarket. These stores offer a no-frills experience and warehouse shelving stocked well with merchandise intended to move at higher volumes. Unlike warehouse clubs, warehouse stores do not require a membership or membership fees. Warehouse stores can also offer a selection of merchandise sold in bulk. Typically, warehouse stores are laid out in a logical format; this leads customers in a certain way around the store to the checkout. For example, as one enters the store they are directed down an aisle of discounted products. From there the layout could then lead to the fresh produce department, followed by the deli and bakery departments at the back of the store. Often, certain customer service niceties, like the bagging of groceries, are not done by store employees; this helps reduce overall cost. Many warehouse s ...
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German Americans
German Americans (, ) are Americans who have full or partial German ancestry. According to the United States Census Bureau's figures from 2022, German Americans make up roughly 41 million people in the US, which is approximately 12% of the population. This represents a decrease from the 2012 census where 50.7 million Americans identified as German. The census is conducted in a way that allows this total number to be broken down in two categories. In the 2020 census, roughly two thirds of those who identify as German also identified as having another ancestry, while one third identified as German alone. German Americans account for about one third of the total population of people of German ancestry in the world. The first significant groups of German immigrants arrived in the British America, British colonies in the 1670s, and they settled primarily in the colonial states of Province of Pennsylvania, Pennsylvania, Province of New York, New York, and Colony of Virginia, Virginia ...
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Berkshire Hathaway
Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger (from 1978 to 2023). Greg Abel now oversees most of the company's investments and has been named as Buffett's successor. Buffett personally owns 38.4% of the Class A voting shares of Berkshire Hathaway, representing a 15.1% overall economic interest in the company. The company is often compared to an investment fund; between 1965, when Buffett gained control of the company, and 2023, the company's shareholder returns amounted to a compound annual growth rate (CAGR) of 19.8% compared to a 10.2% CAGR for the S&P 500. However, in the 10 years ending in 2023, Berkshire Hathaway produced a CAGR of 11.8% for shareholders, compared to a 12.0% CAGR for the S&P 500. From 1965 to 20 ...
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Downtown Cincinnati
Downtown Cincinnati is one of the 52 List of Cincinnati neighborhoods, neighborhoods of Cincinnati, Ohio. It is the central business district of the city, as well as the economic and symbiotic center of the Cincinnati metropolitan area. Originally the densely populated core of the city, the neighborhood was transformed into a commercial zone in the mid-20th century. The population was 5,835 at the 2020 census. History Downtown was the densely populated core of Cincinnati in the 19th and 20th centuries. The basin was amongst the most densely populated areas of any city in the United States from 1860 to 1900. It remained a large share of the city's overall population until urban renewal and highways tore up much of urban fabric in the 1950s and 1960s. Geography Downtown Cincinnati is laid out on a basin on the Ohio River, surrounded by steep hills. Downtown Cincinnati's streets are arranged on a grid. Streets are split between the east and west by Vine Street, Cincinnati, Vine ...
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