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Operations Overview
Food stores are our primary business and account for approximately 95% of total company sales. Our convenience and jewelry stores and manufacturing facilities contribute the remainder of total sales. The information below is current as of
February 2, 2008.
- We operate 2,486 grocery retail stores in 31 states under nearly two dozen banners. Our formats include supermarkets, price-impact
warehouse stores, and multi-department stores, which are similar
to supercenters, but offer an expanded varietly of national
brand appeal and generalmerchandise.
- We hold the #1 or #2 position in 39 of our 44
major markets. A major market for Kroger is one with 9 or more Kroger stores.
- Kroger also operates 782 convenience stores under five banners in 16 states. Our C-stores provide valuable synergies for the rapid expansion of our supermarket fuel centers.
- 394 fine jewelry stores under names like Fred Meyer Jewelers, Littman Jewelers, Barclay Jewelers, and Fox's Jewelers. This is a high-margin business with good cash flow.
- Kroger is the only major U.S. supermarket company to operate an economical three-tier distribution system.
- Kroger also operates 42 food processing or manufacturing facilities producing high quality private-label products that provide value for customers and enhanced margins for Kroger.
- Kroger operates 696 supermarket fuel centers, which are a natural addition to our one-stop-shopping strategy.
- Kroger's 1,965 pharmacies, located in our combination food and drug stores, provide high quality services at everyday low prices.
| |
FY 2006 |
FY 2007 |
| |
1st Qtr |
2nd Qtr |
3rd Qtr |
4th Qtr |
1st Qtr |
2nd Qtr |
3rd Qtr |
4th Qtr |
| Store Count - Beginning of Quarter |
2,507 |
2,483 |
2,477 |
2,473 |
2,468 |
2,458 |
2,491 |
2,487 |
| New Stores |
6 |
4 |
5 |
5 |
9 |
7 |
1 |
6 |
| Stores Acquired - New |
1 |
0 |
0 |
0 |
0 |
37 |
0 |
1 |
| Stores Acquired - Relocations |
0 |
0 |
0 |
0 |
1 |
0 |
0 |
0 |
| Relocations |
5 |
3 |
3 |
6 |
4 |
0 |
2 |
3 |
| Sub-Total |
12 |
7 |
8 |
11 |
14 |
44 |
3 |
10 |
| Expansions |
4 |
4 |
2 |
5 |
6 |
6 |
10 |
9 |
| Sub-Total |
16 |
111 |
10 |
16 |
20 |
50 |
13 |
19 |
| Operational Closures |
(31) |
(10) |
(9) |
(10) |
(19) |
(11) |
(5) |
(8) |
| Store Count - End of Quarter |
2,483 |
2,477 |
2,473 |
2,468 |
2,458 |
2,491 |
2,487 |
2,486 |
| Food Store Square Footage - End of Quarter (millions) |
141.2 |
141.3 |
141.4 |
141.6 |
142.6 |
144.0 |
144.2 |
144.6 |
| Remodels |
39 |
34 |
39 |
46 |
71 |
30 |
54 |
45 |
| |
FY 2006 |
FY 2007 |
| Supermarket Formats |
1st Qtr |
2nd Qtr |
3rd Qtr |
4th Qtr |
1st Qtr |
2nd Qtr |
3rd Qtr |
4th Qtr |
| Combo Stores |
2,193 |
2,185 |
2,178 |
2,171 |
2,160 |
2,192 |
2,187 |
2,183 |
| Marketplace Stores |
24 |
26 |
28 |
30 |
31 |
31 |
33 |
35 |
| Multi-Department Stores |
123 |
123 |
122 |
122 |
122 |
122 |
122 |
123 |
| Price-Impact Warehouse Stores |
143 |
143 |
145 |
145 |
145 |
146 |
145 |
145 |
| Total Supermarkets |
2,483 |
2,477 |
2,473 |
2,468 |
2,458 |
2,491 |
2,487 |
2,486 |
| |
FY 2006 |
FY 2007 |
| |
1st Qtr |
2nd Qtr |
3rd Qtr |
4th Qtr |
1st Qtr |
2nd Qtr |
3rd Qtr |
4th Qtr |
| Convenience Stores |
783 |
773 |
774 |
779 |
779 |
780 |
782 |
782 |
| Jewelry Stores |
423 |
418 |
418 |
412 |
408 |
406 |
405 |
394 |
| Supermarket Fuel Centers |
593 |
608 |
619 |
631 |
652 |
664 |
678 |
696 |
| Pharmacies |
1,911 |
1,911 |
1,913 |
1,920 |
1,929 |
1,960 |
1,960 |
1,965 |
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