The Kroger Co.

Transcription

The Kroger Co.
 The Kroger Co.
2,640 Supermarkets
SUPERMARKETS
STORE FORMATS
Kroger’s philosophy is to operate several formats within the same market,
making it convenient for a Customer to shop at any one of our stores at
prices that Customers can trust for any type of trip, whether for dinner
tonight or for all their shopping needs for the month, and to reward our
Customers for doing this. Kroger’s wide variety of store formats is among
our key strengths that set us apart from competitors. We believe that our
Customer base is becoming increasingly diverse – not only in terms of
ethnicity, but also in terms of household mix, purchasing patterns, and
shopping behaviors. We are addressing Customer diversity through our
multiple formats and product selection. Expanding our formats and their
elements also allows us to further leverage Kroger’s existing distribution
and manufacturing facilities.
At year-end 2013, Kroger operated 2,640 supermarkets classified under
the four primary formats listed in the table below.
Store Formats
Combination Stores
Multi-Department Stores
Marketplace Stores
Price Impact Stores
Total Supermarkets
The Kroger Co.
# of Stores
2,256
127
86
171
2,640
% of Store Base
85%
5%
3%
7%
100%
Page 8
Combination Store





Baker’s
City Market
Dillons Food Stores
Fry’s Food & Drug
Gerbes Super Markets





Banners
Harris Teeter
Jay C
King Soopers
Kroger
Owen’s





Pay Less Super Markets
QFC
Ralphs
Scott’s
Smith’s
The combination store (combo) is Kroger’s primary format. The combo
strategy is to offer Customers the advantages of one-stop shopping in
convenient locations for a wide selection of consumables. Combo stores
feature not only a complete supermarket, but most include pharmacies;
service bakeries, delis, seafood, meat, and floral shops; expanded general
merchandise; natural food and organic selections; pet centers; and highquality fresh items such as seafood and organic produce. Many include a
supermarket fuel center. Combination stores that were opened during the
last four years average 77,000 square feet and required an average
investment of $16-18 million, including real estate. Individual locations may
vary widely from the average, depending upon the geography of the store.
Our combo stores have proven successful in competing against all formats,
including supercenters and specialty food retailers.
In certain markets, we have also introduced our “Fresh Fare” approach to
our combo stores. These stores are similar to combo stores but operate
in more upscale trade areas. The perishable department presentation, an
elegant décor package, expanded wine selection, enhanced services, and
overall product variety separate a Fresh Fare store from a traditional
combination store. At the end of 2013, we characterized 77 of our combo
stores as Fresh Fare locations.
The Kroger Co.
Page 9
Multi-Department Stores
Our multi-department stores operate
under the Fred Meyer ® banner in
the Pacific Northwest and Alaska.
Averaging over 165,000 square feet,
most Fred Meyer stores are
significantly larger than our combo
stores. The average investment to
build a multi-department store is $32
million, including real estate.
Fred Meyer is unique – no other store is quite like it. Freddy’s® (as our
Customers like to call us) is not a big box store, hypermarket, supercenter,
warehouse store, discounter, or department store. Instead, it is a collection
of several specialty stores seamlessly woven together under one roof:
A great Food Store, with Fresh Produce, Meat & Seafood, Deli, Bakery,
Wine, Cheese, Natural Choices™, Health & Beauty and Pharmacy.
 A complete Apparel Store for Women, Men, Kids, Juniors and Young
Men, plus Shoes, Accessories and Cosmetics.
 A store for your Home – inside and out - featuring Home Décor,
Housewares, Bed & Bath, Furniture, Hardware & Paint, Garden &
Outdoor Living, Electronics, Sports & Auto and Toys.
Most of the 127 Fred Meyer locations in Alaska, Idaho, Oregon and
Washington also include a Fred Meyer Jewelers® (the nation’s 3rd largest
fine jewelers based on store count), and 92 have Fred Meyer Fuel Centers.
Fred Meyer stores are further differentiated from many competitors by our
strong lineup of famous brands, including: adidas®, Apple®, Ashley®,
Bose®, Calphalon®, Carhartt®, Champion®, Columbia Sportswear®,
Converse®, Cuisinart®, Dockers®, Dyson®, Jockey®, Keurig®, KitchenAid®,
Krups®, Levi’s®, Nike®, Quiksilver®, Samsung®, Skechers®, Sony®, Under
Armour ®, Vans® and Vintage by Nine West®.
Freddy’s® is the original – and still the best – One-Stop Shopping Store.
Customers often tell us the convenience of finding so many great fresh
tastes plus fashion, quality brands, low prices and fast, friendly service in
one easy stop is what separates Fred Meyer from all those other stores!
The Kroger Co.
Page 10
Marketplace Stores
Banners
 Dillons Marketplace
 Fry’s Marketplace
 King Soopers Marketplace
 Kroger Marketplace
 Smith’s Marketplace
Fred Meyer’s general merchandise expertise has been a key factor in the
success of our marketplace store format. The continued rollout of our
marketplace strategy would not be possible without the general
merchandise expertise of our great team at Fred Meyer that knows which
categories and products to procure, and how to sell those products.
Marketplace stores are generally smaller than our multi-department stores,
and offer full-service grocery, pharmacy and health & beauty care
departments as well as an expanded perishable food offering and a general
merchandise area that includes home goods, toys, and may include
furniture or apparel. Marketplace stores opened during the last few years
range in size from 100,000 to 130,000 square feet and required an average
investment of $20-22 million, including real estate.
At the end of 2013, we operated 86 Marketplace stores.
The Kroger Co.
Page 11
Price Impact Stores
 Food 4 Less
 Foods Co
Banners
 Ruler Foods
 PriceRite
Our price impact warehouse stores operate under the Food 4 Less®, Foods
Co® , Ruler and PriceRite banners, offering a “no frills, low cost”
warehouse format and featuring everyday low prices for a wide selection of
grocery, health and beauty care items. Quality meat, seafood, poultry,
dairy, baked goods, and fresh produce items provide a competitive
advantage against club store and supercenter operators. Most locations
contain a fresh bakery and service deli. Some feature Mexican-style
“carnicería” service meat departments. Our price impact warehouse stores
average more than 57,000 square feet and require an average investment
of $15 million. This exciting format allows us to deepen our Customer
reach as a price merchant in several trade areas.
We operate 171 price impact stores under the Food 4 Less® banner in
southern California, Nevada, Illinois, and Indiana, the Foods Co® banner in
central and northern California, the PriceRite banner in New Mexico.
Ruler Foods stores are operated by the Jay C® division. The average store
size is 18,000 square feet and requires an average investment of $2.5
million. These stores offer basic grocery items featuring everyday low
prices, with a high concentration of corporate brand products, in a low cost
structure environment.
The Kroger Co.
Page 12
GEOGRAPHY & MARKETS
At the end of fiscal 2013, The Kroger Co. (either directly or through its
subsidiaries) operated 2,640 supermarkets in 34 states and the District of
Columbia under two dozen banners. These banners include “Kroger” and
others listed below. Kroger has grown through organic growth and
acquisition and believes strongly in maintaining local banners where
appropriate.
State
California
Ohio
Texas
Georgia
North Carolina
Indiana
Colorado
Michigan
Tennessee
Arizona
Washington
Kentucky
Virginia
Kansas
Illinois
Oregon
Nevada
Utah
West Virginia
Arkansas
Mississippi
South Carolina
New Mexico
Missouri
Idaho
Alaska
Nebraska
Alabama
Maryland
Wyoming
Louisiana
Montana
Delaware
Washington, D.C.
Florida
TOTAL
The Kroger Co.
Banners
Food 4 Less, Foods Co, Ralphs
Kroger, Kroger Marketplace
Kroger, Kroger Marketplace
Kroger, Harris Teeter
Kroger, Harris Teeter
Food 4 Less, Jay C, Kroger, Kroger Marketplace,
Owen’s, Pay Less Super Markets, Scott’s, Ruler Foods
City Market, King Soopers, King Soopers Marketplace
Kroger
Kroger, Kroger Marketplace, Harris Teeter
Fry’s Food & Drug, Fry’s Marketplace, Smith’s
Fred Meyer, QFC
Kroger, Kroger Marketplace
Kroger, Harris Teeter
Dillons Food Stores, Dillons Marketplace
Food 4 Less, Kroger
Fred Meyer, QFC
Food 4 Less, Smith’s
City Market, Smith’s, Smith’s Marketplace
Kroger
Kroger, Kroger Marketplace
Kroger
Kroger, Harris Teeter
City Market, Price Rite, Smith’s
Dillons Food Stores, Gerbes Super Markets, Kroger
Fred Meyer, Smith’s
Fred Meyer
Baker’s, Food 4 Less
Kroger
Harris Teeter
City Market, King Soopers, Smith’s
Kroger
Smith’s
Harris Teeter
Harris Teeter
Harris Teeter
Y/E
2013
345
213
202
171
158
Y/E
2012
356
212
203
171
14
148
145
139
129
127
123
120
110
102
66
59
56
53
50
44
34
34
30
26
15
15
11
11
11
10
9
8
4
3
3
1
2,640
139
131
122
123
122
110
61
66
55
56
54
50
45
34
35
10
26
15
15
11
11
11
N/A
9
8
4
N/A
N/A
N/A
2,424
Page 13
Operating Divisions
Kroger’s operating structure is a balance between our corporate office in
Cincinnati, Ohio and our 20 supermarket operating divisions. This balance
keeps merchandising decisions closest to the Customer while achieving
synergies in backstage operations in order to maximize operating
efficiencies and minimize operating costs.
In areas that directly affect the Customer, Kroger’s decentralized structure
places substantial authority for merchandising and operating decisions in
our supermarket divisions. Divisional managers are able to respond
quickly to changes in competition and Customer preferences within each
local market.
For backstage processes that offer economies of scale or are invisible to
the Customer (such as procurement, accounting, treasury operations, etc.),
Kroger leverages its size and centralizes those functions to create value for
Customers and better returns for shareholders.
Kroger’s 20 supermarket operating divisions are:
Division
Ralphs
Harris Teeter
Kroger Southwest
Kroger Atlanta
Food 4 Less
King Soopers/City Market
Kroger Central
Fred Meyer Stores
Smith’s
Kroger Michigan
Kroger Columbus
Kroger Mid-Atlantic
Fry’s
Kroger Delta
Kroger Cincinnati
Kroger Louisville
Kroger Nashville
Dillon Stores
Quality Food Centers (QFC)
Jay C
TOTAL
Headquarters
Los Angeles, CA
Charlotte, NC
Houston, TX
Atlanta, GA
Los Angeles, CA
Denver, CO
Indianapolis, IN
Portland, OR
Salt Lake City, UT
Novi, MI
Columbus, OH
Roanoke, VA
Phoenix, AZ
Memphis, TN
Cincinnati, OH
Louisville, KY
Nashville, TN
Hutchinson, KS
Seattle, WA
Seymour, IN
# Stores
229
227
210
184
146
143
136
132
132
127
123
121
119
114
109
98
90
88
66
46
2,640
Major Markets
Including Harris Teeter® markets, at year-end 2013 Kroger operated stores
in 49 major markets. A major market is one in which Kroger operates nine
or more stores. Kroger holds the #1 or #2 market share position in 41 of
those major markets.
The Kroger Co.
Page 14
Thirty-nine of Kroger’s 49 major markets are located among the nation’s
top 100 Metropolitan Statistical Areas (MSAs) ranked by population.
Major Markets (9 or More Stores)
Market
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
Los Angeles CA
Atlanta GA
Houston TX
Phoenix AZ
Seattle WA
Detroit MI
Denver CO
Cincinnati OH
Columbus OH
Dallas TX
Charlotte NC
Riverside CA
Nashville TN
Louisville KY
Indianapolis IN
Las Vegas
Memphis TN
Portland OR
Raleigh NC
San Diego CA
Washington, DC
Fort Worth TX
Wichita KS
Salt Lake City UT
Dayton OH
Little Rock AR
Virginia Beach VA
Toledo OH
Tucson AZ
Lexington KY
Chicago IL
Durham NC
Richmond VA
Albuquerque NM
Roanoke VA
Knoxville TN
Charleston SC
Jackson MS
Fort Wayne IN
Flint MI
Charleston WV
Greensboro-High Point
Peoria IL
Colorado Springs CO
Oxnard CA
Omaha NE
Wilmington NC
Savannah GA
Ogden UT
TOTAL
The Kroger Co.
#
Stores
221
127
98
91
88
85
75
73
60
57
54
51
50
46
45
44
42
42
36
34
34
29
26
26
23
21
21
19
19
18
16
16
16
16
14
14
13
13
12
12
12
11
11
11
11
10
10
9
9
1,891
Division
#1 or #2
Ralphs/Food 4 Less
Atlanta
Southwest
Fry’s
QFC/Fred Meyer
Michigan
King Soopers
Cincinnati
Columbus
Southwest
Harris Teeter
Ralphs/Food 4 Less
Nashville/Harris Teeter
Louisville/Jay C
Central
Smith’s/Food 4 Less
Delta
Fred Meyer/QFC
Harris Teeter/Mid-Atlantic
Ralphs/Food 4 Less
Harris Teeter
Southwest
Dillon Stores
Smith’s
Cincinnati
Delta
Harris Teeter/Mid-Atlantic
Columbus
Fry’s
Louisville
Food 4 Less
Harris Teeter/Mid-Atlantic
Mid-Atlantic
Smith’s
Mid-Atlantic
Nashville
Harris Teeter
Delta
Central
Michigan
Mid-Atlantic
Harris Teeter
Central
King Soopers
Ralphs/Food 4 Less
Dillon Stores
Harris Teeter
Atlanta
Smith’s
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
No
Yes
Yes
Yes
Yes
Yes
No
Yes
Yes
Yes
No
Yes
No
Yes
Yes
Yes
No
Yes
Yes
Yes
Yes
No
Yes
Yes
Yes
No
No
Yes
Yes
41
Major Competitors
Trader Joes
Publix
HEB
Walmart SC
Safeway
Meijer
Walmart SC
Walmart SC
Giant Eagle
Walmart SC
Walmart SC
Stater Bros.
Walmart SC
Walmart SC
Walmart SC
Walmart SC
Walmart SC
Safeway
Food Lion
Vons
Giant
Walmart SC
Walmart SC
Walmart SC
Walmart SC
Walmart SC
FoodLion
Walmart SC
Safeway
Walmart SC
Jewel
Food Lion
Walmart SC
Walmart SC
Walmart SC
Walmart SC
Walmart SC
Walmart SC
Walmart SC
Meijer
Walmart SC
Walmart SC
Walmart SC
Walmart SC
Vons
Hy-Vee
Walmart SC
Walmart SC
Walmart SC
Albertsons
Walmart SC
Walmart SC
Safeway
Costco
CVS
Safeway
Meijer
Walmart SC
Tom Thumb
Food Lion
Albertsons
Publix
Walgreens
Marsh
Albertsons
Walgreens
Winco
Walmart SC
Albertsons
Safeway
Albertsons
Sam’s Club
Harmons
Meijer
Walgreens
Walmart SC
Meijer
Walmart SC
Save A Lot
Walmart SC
Walmart SC
Food Lion
Albertsons
Food Lion
Food City
Publix
Walgreens
Meijer
Walmart SC
Rite Aid
Food Lion
Schnuck's
Safeway
Albertsons
Walmart SC
Food Lion
Publix
Winco
Page 15
Secondary Markets (3 – 8 Stores)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
Market
Augusta GA
Boulder CO
Decatur/Huntsville AL
Winston Salem NC
Macon GA
Anchorage AK
Ann Arbor MI
Boise-Nampa ID
Fort Collins-Loveland CO
Lansing MI
Topeka KS
Charlottesville VA
Evansville IN
Huntington WV
Lynchburg VA
Provo-Orem UT
Wheeling WV
Grand Junction CO
Greeley CO
Saginaw MI
San Francisco-Oakland CA
Springfield OH
Wierton WV
Baltimore-Towson MD
Blacksburg VA
Bloomington IN
Clarksville TN/Hopkinsville KY
Decatur IL
Eugene-Springfield OR
Lafayette IN
Lawrence KS
Monroe MI
Myrtle Beach SC
Parkersburg WV
Prescott AZ
Sacramento-Arden CA
Shreveport LA
South Bend IN
Springfield MO
Terre Haute IN
Anderson IN
Bloomington IL
Bowling Green KY
Columbia MO
Columbia SC
Elkhart IN
Greenville NC
Jackson, TN
Lake Charles LA
Manhattan KS
Mansfield OH
Morgantown WV
Owensboro KY
Spokane WA
TOTAL
The Kroger Co.
# Stores
8
8
8
8
7
7
7
7
7
7
7
6
6
6
6
6
6
5
5
5
5
5
5
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
3
3
3
3
3
3
3
3
3
3
3
3
3
3
257
Division
Atlanta
King Soopers
Nashville
Harris Teeter
Atlanta
Fred Meyer
Michigan
Fred Meyer
King Soopers
Michigan
Dillon Stores
Harris Teeter/Mid-Atlantic
JayC
Mid-Atlantic
Mid-Atlantic
Smith's
Columbus
King Soopers
King Soopers
Michigan
Food 4 Less
Cincinnati
Columbus
Harris Teeter
Mid-Atlantic
Central
Nashville
Central
Fred Meyer
Central
Dillon Stores
Michigan
Atlanta
Mid-Atlantic
Fry's
Food 4 Less
Southwest
Central
Dillon Stores
Central
Central
Central
Nashville
Dillon Stores
Atlanta
Central
Harris Teeter
Delta
Southwest
Dillon Stores
Columbus
Mid-Atlantic
Louisville
Fred Meyer
#1 or #2
Yes
Yes
Yes
No
Yes
Yes
Yes
No
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
No
Yes
Yes
No
Yes
Yes
Yes
Yes
No
Yes
Yes
Yes
No
Yes
Yes
No
No
No
No
Yes
Yes
Yes
Yes
No
No
No
Yes
Yes
Yes
Yes
Yes
Yes
Yes
No
40
Page 16
Kroger Operating Divisions (Year-End 2013)
KROGER DIVISIONS/
Major MSAs
# Stores
ATLANTA
Atlanta
Savannah
CENTRAL
Indianapolis
Fort Wayne
Peoria
CINCINNATI
Cincinnati
Dayton
COLUMBUS
Columbus
Toledo
DELTA
Memphis
Little Rock
Jackson
DILLON STORES
Wichita
Omaha
FOOD 4 LESS
Los Angeles
Riverside
Chicago
Las Vegas
San Diego
FRED MEYER
Portland
Seattle
FRY’S
Phoenix
Tucson
HARRIS TEETER
Charlotte
Washington DC
Raleigh-Cary
Charleston SC
Virginia Beach
Greensboro-High Point
Durham-Chapel Hill
Wilmington
184
127
9
136
45
12
11
109
73
23
123
60
19
114
42
21
13
88
26
10
146
56
25
16
14
11
132
36
35
119
91
19
227
54
34
28
13
13
11
10
10
The Kroger Co.
Total
Square Feet
(millions)
11.1
Combo
Multi-Dept
Marketplace
Price Impact
183
-
1
-
7.4
134
-
2
-
7.7
96
-
13
-
7.7
116
-
7
-
6.1
111
-
3
-
4.7
82
-
5
1
8.3
-
-
-
146
20.4
5
127
-
-
8.7
95
-
24
-
11.2
227
-
-
-
Page 17
Kroger Operating Divisions (Year-End 2013)
KROGER DIVISIONS/
Major MSAs
# Stores
JAY C
Louisville
KING SOOPERS
Denver
Colorado Springs
LOUISVILLE
Louisville
Lexington
MICHIGAN
Detroit
Flint
MID-ATLANTIC
Richmond
Roanoke
Charleston WV
NASHVILLE
Nashville
Knoxville
QFC
Seattle
Portland
RALPHS
Los Angeles
Riverside
San Diego
Oxnard
SMITH’S
Las Vegas
Salt Lake City
Albuquerque
Ogden
SOUTHWEST
Houston
Dallas
Fort Worth
TOTAL
46
6
143
75
11
98
40
18
127
85
12
121
16
14
12
90
45
14
66
53
6
229
165
26
23
10
132
30
26
16
9
210
98
57
29
2,640
The Kroger Co.
Total
Square Feet
(millions)
1.0
Combo
Multi-Dept
Marketplace
Price Impact
23
-
-
23
8.8
139
-
4
-
5.6
93
7.0
127
-
-
-
6.3
119
-
2
-
5.5
86
-
4
-
2.4
66
-
-
-
10.0
229
-
-
-
7.9
125
-
6
1
12.9
200
-
10
-
160.7
2,256
127
86
171
5
Page 18
MERGER & ACQUISITION STRATEGY
As the supermarket industry continues to consolidate, Kroger reviews
potential merger/acquisition candidates and carefully analyzes their
potential to enhance shareholder value.
Kroger’s merger/acquisition strategy focuses primarily on existing markets.
Such “in-market” mergers/acquisitions have lower risk and generally
produce a higher incremental return because they require little investment
in overhead, advertising, and distribution.
Mergers/Acquisitions
Date
Buehler Food Markets
Scott’s Food & Pharmacy
Farmer Jack
Individual stores
Individual stores
April 2006
April 2007
June 2007
2007
2008
# Stores
(A)
1
18
20
2
9
January 2010
7
March 2010
June 2010
April 2011
September 2011
September 2011
January 28, 2014
2
1
1
8
7
227
AWG
Brookshires
Albertsons
Individual store
Schnuck’s (supermarket)
Schnuck’s (c-stores)
Harris Teeter
(A)
Location
Louisville KY
Fort Wayne IN
Detroit MI
Various
Various
Topeka &
Wichita, KS
Jaskson, MS
Ft. Worth, TX
Bloomfield, IN
Memphis, TN
Memphis, TN
Multiple
Banner
Change?
Yes
Underway
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
No
Represents stores acquired. Kroger may not operate all.
The Kroger Co.
Page 19
CONVENIENCE STORES
OVERVIEW
Kroger operates five convenience
store divisions (“C-Stores”) under
the following banners: Kwik Shop®,
Loaf ‘N Jug®, Quik Stop™, Tom
Thumb™, and Turkey Hill® Minit
Markets. At year-end 2013,
Kroger’s 786 convenience stores
spanned 19 states. Subsidiaries
operated 703 of the convenience
stores; 83 were operated through
franchise agreements. In 2013, the
convenience stores accounted for
5% of Kroger’s total sales. The CStores partner with the Supermarkets to enhance our Customer’s ability to
earn and redeem fuel rewards. The C-Stores also offer Customers a
variety of Kroger corporate brand products.
GROWTH
During 2013, we opened 4 convenience stores, relocated 5, and closed 4.
The new stores range from 3,936 square feet to 7,745 square feet in size,
typically located on parcels of one to two acres. The new stores generally
have a large gasoline offering with six to eight gasoline dispensers,
covered by a large, well-lit canopy. The majority of our gasoline facilities
offer pay-at-the-pump convenience for our Customers. Nearly all of our
convenience stores offer the Company’s successful loyalty card program.
MARKETS
Kroger’s convenience stores continue to refine store formats and product
selection in major bridged markets including Columbus, Ohio; Wichita,
Kansas; Colorado Springs, Colorado; and Memphis, Tennessee.
ASSET BASE
The majority of the locations occupy high-traffic corner sites. Of the 786
stores, 725 sell gasoline. During 2013, 75 stores received interior
remodels and 49 received gasoline remodels.
The Kroger Co.
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STORE PROFILE
Average store size at year-end was 2,887 square feet. Average weekly
Customer count is approximately 6,177. The typical convenience store
stocks approximately 2,800 items, with more than 74% of non-gasoline
sales coming in five categories: soft drinks, beer, snacks, candy and
tobacco products. Food service is an emerging category that accounted for
approximately 5% of non-gasoline sales for the 2013 FY. Gasoline sales
represented approximately 75% of the Company’s total convenience store
sales in 2013.
# Stores
Square Feet (000)
C-Store Division
States
2010
2011
2012
2013
2010
2011
2012
2013
Kwik Shop
IA KS NE
CO MT ND NE
NM OK SD WY
CA NV
124
125
125
126
371
366
377
387
174
174
169
170
519
511
503
511
106
103
103
102
256
248
248
242
AL FL MS TN
116
121
121
120
344
353
355
359
IN OH PA
264
268
268
268
736
756
760
770
784
791
786
786
2,226
2,234
2,243
2,269
Loaf ‘N Jug
Quik Stop
Tom Thumb
Turkey Hill Minit
Markets
TOTAL
The Kroger Co.
Page 21
JEWELRY STORES
With 320 fine jewelry stores in 30
states at the end of 2013, Kroger
ranked as the third largest fine jewelry
retailer in the nation based on store
count. There are 176 jewelry locations
inside our supermarkets (primarily in
the Fred Meyer® multi-department
stores) and 144 in shopping malls.
During 2013, the jewelry stores
produced 0.5% of Kroger’s total sales.
STATE
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Idaho
# STORES
1
11
2
3
9
4
5
2
11
12
STATE
Illinois
Indiana
Georgia
Kansas
Kentucky
Maryland
Michigan
Nevada
New Jersey
New York
# STORES
3
6
1
4
8
12
11
1
14
15
STATE
Ohio
Oregon
Pennsylvania
Tennessee
Texas
Utah
Virginia
Washington
West Virginia
Wisconsin
# STORES
13
52
27
6
10
11
1
59
2
4
Fred Meyer Jewelers® came to Kroger as part of its successful merger with
Fred Meyer, Inc. in 1999. The business is fully aligned with Kroger’s
Customer 1st strategy and positions itself as a “best in class” mainstream
jeweler. The jewelry locations operate under the banners of Fred Meyer
Jewelers and Littman Jewelers®. Typical product assortments include
bridal, diamond fashion, color and gold, and timepieces. Stores also offer
expert jewelry and watch repair services on premises.
In addition to store locations, Fred Meyer Jewelers welcomes Customers
online at fredmeyerjewelers.com and littmanjewelers.com.
The Kroger Co.
Page 22