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In: Operations Management
Strategic Results of the Company Kroger? Report and discuss key non-financial quantitative indicators. Strengths and weaknesses?
Strategic Results of the Company Kroger? Report and discuss key non-financial quantitative indicators. Strengths and weaknesses?
Solutions
Expert Solution
Kroger has set a record in the grocery retail sector and is officially rocking the boat .the company had released a report which indicated positive outcomes of the brand. Rodney McMullen, the C.E.O and chairman of the Kroger commented that since they started Restock Kroger, their identical sales were showing good results and the gross margin improved a little. At the same time, they lessen the cost as a percentage of sales. He also revealed that the Kroger and Lucky's market have parted their ways.
Highlights of the Kroger quarterly report :
The Kroger has earned 131 million dollars in total.
The total company sales were 28 billion dollars.
Alternative profit contributed to an increment of 100 million dollars in 2019.
The company achieved an operating profit of 254 million dollars.
Strengths
Supply chain management
A large variety of products and services.
They've unique store formats to meet the demand of customers.
Weaknesses
One of the main weakness is the distribution to online customers.
They doesn't offer the home delivery
They've limited stores.
They're restricted to United states only though they can expand their system in other countries
keosha answered 3 months agoRelated Solutions
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