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Smith's Food and Drug

  • Kroger's streak continues

    CINCINNATI — Kroger achieved its 39th consecutive quarter of positive identical supermarket sales, and is raising its guidance as a result.

    The company's total sales for the second quarter ended Aug. 17 increased 4.6% to $22.7 billion in the second quarter compared with $21.7 billion for the same period last year. Total sales, excluding fuel, increased 3.9% in the second quarter over the same period last year. 

  • Delhaize names new CEO

    Brussels, Belgium – Delhaize Group has named Franz Muller as CEO, effective Nov. 8. Muller will succeed Pierre-Olivier Beckers, who will remain available to advise the new CEO until year-end and continue to serve on the board of directors in a non-executive capacity thereafter.

    Muller, 52, has more than 15 years of senior leadership experience in retail, most recently as a member of the management board of Metro AG and CEO of Metro Cash & Carry. He will start with Delhaize on Oct. 14, prior to assuming the role of CEO.

  • Changes in Delhaize Group’s executive leadership

    BRUSSELS, Belgium — Belgian international food retailer Delhaize Group announced that Roland Smith, CEO of Delhaize America, and Pierre-Olivier Beckers, CEO of Delhaize Group, are leaving the company.

  • Intuit CEO joins Nordstrom board

    Seattle – Brad Smith, president and CEO of Intuit Inc., has joined the board of directors of Nordstrom. Smith, who has been with Intuit since 2003, was named president and CEO in 2008. Prior to joining Intuit, Smith held sales, marketing and management roles with companies including ADP, PepsiCo, Seven-Up and Advo. He is also a former director of Yahoo.

  • Kroger remains model of consistency

    Kroger trounced first quarter sales and profit forecasts, posting a 3.3% gain in identical store sales that drove a 92 cent a share profit.

    Total sales increased 3.4% to $30 billion and the 3.3% gain in identical store sales was well ahead of analysts’ forecast of 2.8% growth. It was the company’s 38th consecutive quarter of positive identical store sales growth. Net income increased 9.6% to $481 million which translated to per share profit of 92 cents that was four cents better than the 88 cents analysts’ forecast.

  • Kroger ratifies labor agreement with UFCW Local 700

    INDIANAPOLIS — Kroger central division employees working at Kroger stores in the Indianapolis area have ratified a new four-year labor agreement with UFCW Local 700.

  • Turkey Hill Daily president Frey retires

    CINCINNATI — Kroger has announced the retirement of Quintin Frey, president of Turkey Hill Dairy. Frey began his career with Kroger at Turkey Hill Dairy in 1980 as a management trainee. He served in a variety of leadership roles before being promoted to serve as president in 1991.

    "Quintin has been a great ambassador for the Turkey Hill brand and an important part of the Kroger leadership team," said Kroger chairman and CEO David B. Dillon. "The Kroger family extends our thanks and best wishes to Quintin and his family."

  • Kroger launches Honoring Our Heroes campaign

    CINCINNATI — Kroger plans to provide $2.3 million to support the USO's broad range of programs that assist service members and their families, as part of its Honoring Our Heroes campaign.

    For the following two weeks, store-wide promotions will feature hundreds of popular products at special sale prices. Customized shelf tags will highlight participating items, including Kroger's own products and items from key partners, including Unilever, Coca Cola, Kraft, Nestle, Frito Lay, Procter & Gamble, ConAgra and Dannon. Start and end dates vary by region.

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