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Mar 8, 2024 08:23:42   #
JFlorio Loc: Seminole Florida
 
This is one of the companies that idiot Joe went after last night with out saying their name. The truth: Krogers has upped the average workers pay 33% in the last five years. In the last three years they have had to raise prices to cover extra wage costs.
They have gone from a 2% margin to 3% in that time. This proves it’s not the company being greedy as idiot Joe says, it’s this modern monetary policy the left wants and it will be a disaster.

Reply
Mar 8, 2024 08:32:07   #
Milosia2 Loc: Cleveland Ohio
 
JFlorio wrote:
This is one of the companies that idiot Joe went after last night with out saying their name. The truth: Krogers has upped the average workers pay 33% in the last five years. In the last three years they have had to raise prices to cover extra wage costs.
They have gone from a 2% margin to 3% in that time. This proves it’s not the company being greedy as idiot Joe says, it’s this modern monetary policy the left wants and it will be a disaster.


Kroger is buying up all of their competitors!!!
Do you think they are doing this to
create lower Food Prices for you ????
There will be higher wages , of course !!!
Once you’re the only Grocer in town !!!!!
Buku ROI !!!!!
Thanks Ronnie !!!!
For alleviating the Sherman Anti Trust Act !!!!
And it was idiot Joe who put the Kibosh on the Sale between Kroger and Albertsons !!
That would’ve really raised your food prices

Reply
Mar 8, 2024 08:34:42   #
JFlorio Loc: Seminole Florida
 
Milosia2 wrote:
They are buying up all of their competitors!!!
Do you think they are doing this to
create lower Food Prices for you ????
There will be higher wages , of course !!!
Once you’re the only Grocer in town !!!!!
Buku ROI !!!!!
Thanks Ronnie !!!!
For alleviating the Sherman Anti Trust Act !!!!


They’re not even considered a big corporation. they are a small cap company. You know nothing about finance or economics.

Reply
 
 
Mar 8, 2024 08:43:21   #
Jim0001 Loc: originally from Tennessee, now Virginia, USA
 
JFlorio wrote:
They’re not even considered a big corporation. they are a small cap company. You know nothing about finance or economics.


The referenced poster actually know very little about anything. Posts are way off the mark in terms of fact and veracity.

Reply
Mar 8, 2024 08:43:44   #
Milosia2 Loc: Cleveland Ohio
 
JFlorio wrote:
They’re not even considered a big corporation. they are a small cap company. You know nothing about finance or economics.


Kroger’s is Largest Grocer In The states .
Next to WalNart .
You apparently know very little , overall !!
Where will your lower prices come from ????
There is no Free Market to speak of .
So , yes , higher food prices just for you !!!!
Keep fighting for your Oligarchians !
You must like higher food prices !!!!!!
America First will get you higher Food Prices !!!

Reply
Mar 8, 2024 08:46:21   #
JFlorio Loc: Seminole Florida
 
I didn’t say grocer dumba**. I said company.
Prices are based on labor, taxes, inflation, and margins. Period.



In The states .
Next to WalNart .
You apparently know very little , overall !!
Where will your lower prices come from ????
There is no Free Market to speak of .
So , yes , higher food prices just for you !!!!
Keep fighting for your Oligarchians !
You must like higher food prices !!!!!!
America First will get you higher Food Prices !!![/quote]

Reply
Mar 8, 2024 08:50:12   #
Milosia2 Loc: Cleveland Ohio
 
Jim0001 wrote:
The referenced poster actually know very little about anything. Posts are way off the mark in terms of fact and veracity.


The FoodIndustry.Com list of the top 10 grocery chains in the US by revenue (updated November, 2023)

1. WALMART INC.
Walmart remains at the top of our list for the leader in grocery sales as it accounts for more than one-quarter of all grocery sales in the United States. Total FY2023 for Walmart U.S. came in at nearly $505 billion – this figure includes more than $84 billion dollars in sales attributed to U.S. Sam’s Club, which is wholly owned by Walmart. At Walmart, nearly 59% of all sales were in the food/grocery category ($247.28 billion) while food/grocery made up 63% of Sam’s Club’s total revenue. Combined, the retailers accounted for over $300.5 billion in U.S. food and grocery sales. Walmart and Sam’s Club store count is greater than 5,300. Although Walmart is not classified as a supermarket, it dominates the U.S. grocery market and is, by far, the largest food retailer in the country and so it remains the number one grocery chain.

2. THE KROGER CO.
Kroger’s operates over 2,700 stores, including some that operate under the Ralphs, King Soopers, and Dillon’s brands. In FY 2023, Kroger reported over $148 billion in revenue. Kroger is the largest traditional Supermarket company in the U.S.

3. COSTCO WHOLESALE CORPORATION
In the US, Costco sells both branded and private-label grocery products online and through about 564 stores; its U.S. sales totaled over $176 billion in FY 2023. According to Costco’s annual report, the Fresh Foods/Foods/Sundries categories account for about 55% of total sales. We estimate that Costco’s FY2023 grocery revenues came in at approximately $97 billion.

4. ALBERTSONS COS. INC.
Albertson’s FY 2023 revenues came in at $77.65 billion across its 2,308 stores operating under the Safeway, Albertsons, and Vons banners. At the time that of publication, Kroger (the largest traditional Supermarket company in the U.S.) and Albertsons (the second largest) are still trying to complete their proposed merger. If successful, the combined Kroger/Albertsons entity will dwarf other supermarket chains but still lag behind Walmart.

5. AHOLD DELHAIZE USA
This Dutch multinational retailer runs 2,048 supermarkets in the U.S. under the Food Lion, Stop & Shop and Hannaford and Giant banners. U.S. revenues in FY 2023 were $56.72 billion.

6. PUBLIX SUPER MARKETS INC.
Publix reported $54 billion in FY2022 revenues at 1,396 stores locations primarily in the state of Florida and other states in the Southeast.

7. H-E-B
H-E-B (The H.E. Butt Grocery Co.) is a privately owned U.S. chain with estimated 2023 revenues of $43.6 billion from 325 stores located in Texas.

8. AMAZON (Online and physical stores)
Some lists give the #2 slot to Amazon – even we have before. We move Amazon down to #8 because although AMZN is a public company (its total FY2022 revenue was nearly $514 billion) they are not transparent with their sales by category. Whole Foods, which is now fully integrated into Amazon, used to report separate financials and reported sales in 2017 of $16 billion. In addition to 515 Whole Foods stores, Amazon’s physical stores also include Amazon Fresh, Amazon Go Grocery and Amazon Go and of course they sell food at Amazon.Com. Industry experts estimate that Amazon sold $24.5 billion in the food/grocery category in FY2022.

9. TARGET CORPORATION
Target has made significant investments in its food business, specifically in fresh produce, meats and its private-brand. It’s Super Target format has helped it to become a leading U.S. grocer with FY 2022 food/grocery sales of $22.5 billion. This represents 21% of the company’s overall revenue of $107.6 billion.

10. MEIJER INC.
Meijer (a private company) earned approximately $20 billion in estimated revenues in 2022. Meijer operates 265 supercenters and grocery stores in Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin.

Notes/Findings:

We have not included several retailers that account for billions of dollars in food and beverage sales but who operate in other retail channels. These companies include 7-Eleven Inc., CVS Health, Dollar General and Walgreens Boots Alliance. Many boast impressive overall retail sales figures but they do not sell the wide variety of food items that include fresh and frozen foods and dairy/meats required to be considered grocers.
Also not included are a number of high volume wholesale grocers whose primary business is selling to end retailers.

****
excerpt
Kroger is the largest traditional Supermarket company in the U.S.
******
There , now you’re smarter !!!

Reply
 
 
Mar 8, 2024 08:51:12   #
microphor Loc: Home is TN
 
Milosia2 wrote:
Kroger is buying up all of their competitors!!!
Do you think they are doing this to
create lower Food Prices for you ????
There will be higher wages , of course !!!
Once you’re the only Grocer in town !!!!!
Buku ROI !!!!!
Thanks Ronnie !!!!
For alleviating the Sherman Anti Trust Act !!!!
And it was idiot Joe who put the Kibosh on the Sale between Kroger and Albertsons !!
That would’ve really raised your food prices


FTC blocked the purchase, thats their job to regulate and protect consumers. Joe didn't invent or create the FTC, its been around since early 1900's.

Reply
Mar 8, 2024 08:54:04   #
Milosia2 Loc: Cleveland Ohio
 
microphor wrote:
FTC blocked the purchase, thats their job to regulate and protect consumers. Joe didn't invent or create the FTC, its been around since early 1900's.


Where were they while trumpy was hanging out ???
The FTC is a subordinate office !
At whose behest do you think that was blocked ???!?

Reply
Mar 8, 2024 08:56:41   #
Milosia2 Loc: Cleveland Ohio
 
JFlorio wrote:
I didn’t say grocer dumba**. I said company.
Prices are based on labor, taxes, inflation, and margins. Period.



In The states .
Next to WalNart .
You apparently know very little , overall !!
Where will your lower prices come from ????
There is no Free Market to speak of .
So , yes , higher food prices just for you !!!!
Keep fighting for your Oligarchians !
You must like higher food prices !!!!!!
America First will get you higher Food Prices !!!
[/quote]


I said Grocer !!!!!

Go ahead darling ,
Spin your little heart out !!
It’s only stupid people
who call other people stupid !!!!!!!

Reply
Mar 8, 2024 09:12:11   #
Coos Bay Tom Loc: coos bay oregon
 
JFlorio wrote:
They’re not even considered a big corporation. they are a small cap company. You know nothing about finance or economics.


They took over Fred Meyer in Oregon around 5 years ago and they were big .

Reply
 
 
Mar 8, 2024 09:15:21   #
Milosia2 Loc: Cleveland Ohio
 
Coos Bay Tom wrote:
They took over Fred Meyer in Oregon around 5 years ago and they were big .


*** Kroger is the largest traditional Supermarket company in the U.S.
excerpt

Reply
Mar 8, 2024 09:21:53   #
Coos Bay Tom Loc: coos bay oregon
 
Milosia2 wrote:
*** Kroger is the largest traditional Supermarket company in the U.S.
excerpt


I have shopped there a few times and they have good products and selection .They are across town from me and I generally shop at my nearby McKays supermarket. They have great prices and local meats. All of the checkers know me by name and I know where every thing is . I love the place. It is a small chain but they have a great selection and great prices .

Reply
Mar 8, 2024 09:33:34   #
JFlorio Loc: Seminole Florida
 
Milosia2 wrote:
The FoodIndustry.Com list of the top 10 grocery chains in the US by revenue (updated November, 2023)

1. WALMART INC.
Walmart remains at the top of our list for the leader in grocery sales as it accounts for more than one-quarter of all grocery sales in the United States. Total FY2023 for Walmart U.S. came in at nearly $505 billion – this figure includes more than $84 billion dollars in sales attributed to U.S. Sam’s Club, which is wholly owned by Walmart. At Walmart, nearly 59% of all sales were in the food/grocery category ($247.28 billion) while food/grocery made up 63% of Sam’s Club’s total revenue. Combined, the retailers accounted for over $300.5 billion in U.S. food and grocery sales. Walmart and Sam’s Club store count is greater than 5,300. Although Walmart is not classified as a supermarket, it dominates the U.S. grocery market and is, by far, the largest food retailer in the country and so it remains the number one grocery chain.

2. THE KROGER CO.
Kroger’s operates over 2,700 stores, including some that operate under the Ralphs, King Soopers, and Dillon’s brands. In FY 2023, Kroger reported over $148 billion in revenue. Kroger is the largest traditional Supermarket company in the U.S.

3. COSTCO WHOLESALE CORPORATION
In the US, Costco sells both branded and private-label grocery products online and through about 564 stores; its U.S. sales totaled over $176 billion in FY 2023. According to Costco’s annual report, the Fresh Foods/Foods/Sundries categories account for about 55% of total sales. We estimate that Costco’s FY2023 grocery revenues came in at approximately $97 billion.

4. ALBERTSONS COS. INC.
Albertson’s FY 2023 revenues came in at $77.65 billion across its 2,308 stores operating under the Safeway, Albertsons, and Vons banners. At the time that of publication, Kroger (the largest traditional Supermarket company in the U.S.) and Albertsons (the second largest) are still trying to complete their proposed merger. If successful, the combined Kroger/Albertsons entity will dwarf other supermarket chains but still lag behind Walmart.

5. AHOLD DELHAIZE USA
This Dutch multinational retailer runs 2,048 supermarkets in the U.S. under the Food Lion, Stop & Shop and Hannaford and Giant banners. U.S. revenues in FY 2023 were $56.72 billion.

6. PUBLIX SUPER MARKETS INC.
Publix reported $54 billion in FY2022 revenues at 1,396 stores locations primarily in the state of Florida and other states in the Southeast.

7. H-E-B
H-E-B (The H.E. Butt Grocery Co.) is a privately owned U.S. chain with estimated 2023 revenues of $43.6 billion from 325 stores located in Texas.

8. AMAZON (Online and physical stores)
Some lists give the #2 slot to Amazon – even we have before. We move Amazon down to #8 because although AMZN is a public company (its total FY2022 revenue was nearly $514 billion) they are not transparent with their sales by category. Whole Foods, which is now fully integrated into Amazon, used to report separate financials and reported sales in 2017 of $16 billion. In addition to 515 Whole Foods stores, Amazon’s physical stores also include Amazon Fresh, Amazon Go Grocery and Amazon Go and of course they sell food at Amazon.Com. Industry experts estimate that Amazon sold $24.5 billion in the food/grocery category in FY2022.

9. TARGET CORPORATION
Target has made significant investments in its food business, specifically in fresh produce, meats and its private-brand. It’s Super Target format has helped it to become a leading U.S. grocer with FY 2022 food/grocery sales of $22.5 billion. This represents 21% of the company’s overall revenue of $107.6 billion.

10. MEIJER INC.
Meijer (a private company) earned approximately $20 billion in estimated revenues in 2022. Meijer operates 265 supercenters and grocery stores in Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin.

Notes/Findings:

We have not included several retailers that account for billions of dollars in food and beverage sales but who operate in other retail channels. These companies include 7-Eleven Inc., CVS Health, Dollar General and Walgreens Boots Alliance. Many boast impressive overall retail sales figures but they do not sell the wide variety of food items that include fresh and frozen foods and dairy/meats required to be considered grocers.
Also not included are a number of high volume wholesale grocers whose primary business is selling to end retailers.

****
excerpt
Kroger is the largest traditional Supermarket company in the U.S.
******
There , now you’re smarter !!!
The FoodIndustry.Com list of the top 10 grocery ch... (show quote)


Means nothing when it comes to price's. All companies operate on a certain profit margin. Kroger's is 3%. That is a very modest margin. For instance, restaurant owners say 33% of your bill goes towards food costs. The other 67% goes to labor, overhead, and profit margin. You do know you just admitted competition, which is driven by supply and demand is the best and fairest economic platform. Reagan would be proud.

Reply
Mar 8, 2024 09:36:00   #
JFlorio Loc: Seminole Florida
 
Coos Bay Tom wrote:
I have shopped there a few times and they have good products and selection .They are across town from me and I generally shop at my nearby McKays supermarket. They have great prices and local meats. All of the checkers know me by name and I know where every thing is . I love the place. It is a small chain but they have a great selection and great prices .
I have shopped there a few times and they have goo... (show quote)


Here in Florida, Publix is the big boy. Little more expensive, but their company model is excellent. Very helpful and courteous workers. I don't care if all you buy is a candy bar, a worker will ask you if you'd like them to carry it to your vehicle?

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