Walmart Veteran Greg Foran Named Kroger CEO

The Kroger Company, founded in 1883 by Bernard “Barney” Kroger in Cincinnati, Ohio, has grown from a single grocery store into one of the largest and most influential supermarket chains in the United States. Starting with a $372 investment and a simple motto—“Be particular. Never sell anything you would not want yourself”—Kroger revolutionized retail by prioritizing quality, innovation, and customer service. His early innovations included in-store bakeries and butcher shops, setting a new standard for grocery shopping. Kroger’s history is marked by significant milestones. In 1916, the company pioneered self-service shopping, transforming how customers interacted with stores. By 1930, it operated nearly 5,600 stores, demonstrating rapid expansion and market dominance. The company continued to innovate, becoming the first U.S. grocery retailer to test electronic scanners in 1972. Over the decades, Kroger expanded its offerings to include pharmacies, drive-through services, and mail-order prescriptions, adapting to changing consumer needs. Today, Kroger operates more than 2,700 stores across 35 states, with annual sales exceeding $100 billion. It is recognized not only for its scale but also for its commitment to technology and sustainability, investing in digital platforms, automated fulfillment centers, and fresh food accessibility. The company’s recent announcement to merge with Albertsons, pending regulatory approval, signals its ambition to further strengthen its position in a competitive market. Kroger’s enduring success lies in its blend of tradition and innovation, rooted in Barney Kroger’s original vision. As it continues to evolve, Kroger remains a leader in shaping the future of grocery retail, making it a compelling subject for business and technology enthusiasts.

Walmart, founded in 1962 by Sam Walton, has grown from a single discount store in Arkansas to become the world’s largest retailer, with a commanding presence in both physical and digital retail landscapes[3]. As of fiscal year 2025, Walmart operates over 10,750 stores and serves approximately 270 million customers each week across 19 countries, employing about 2.1 million associates worldwide[1][2][4]. The company reported $681 billion in revenue for 2025, reflecting a 5.1% increase from the previous year and an 8.6% rise in operating income, underscoring its robust financial health and ongoing expansion[1][4][6]. ## What Walmart Does Walmart is a leader in hypermarkets and discount retail, offering a vast range of products—from groceries and apparel to electronics and home goods—through its extensive network of physical stores, e-commerce platforms, and mobile apps[2][3]. Its business is organized into three main segments: Walmart U.S., Walmart International, and Sam’s Club, a members-only warehouse club[3][5]. The company’s mission—“to help people save money and live better”—drives its focus on everyday low prices, convenience, and customer-centric innovation[2][5]. ## History and Key Achievements Walmart’s journey from a single store to a global powerhouse is marked by relentless expansion, operational efficiency, and technological adoption[3]. Key milestones include the launch of Walmart Supercenters in the 1980s, international expansion beginning in the 1990s, and the rapid growth of its e-commerce business in the 2010s and beyond[3]. Today, online sales account for 18% of Walmart’s revenue, fueled by four consecutive quarters of 20% growth[1]. The company’s retail media network, Walmart Connect, has also surged, with ad revenue up 50% in a recent quarter