Kroger Company

KR

The Kroger Company, or simply Kroger, is an American retail company founded by Bernard Kroger in 1883 in Cincinnati, Ohio. It is the United States' largest supermarket by revenue ($121.16 billion for fiscal year 2019), and the second-largest general retailer (behind Walmart). Kroger is also the fifth-largest retailer in the world and the fourth largest American-owned private employer in the United States. Kroger is ranked #23 on the Fortune 500 rankings of the largest United States corporations by total revenue.As of 15 August 2020, Kroger operates, either directly or through its subsidiaries, 2,752 supermarkets and multi-department stores. Kroger's headquarters are in downtown Cincinnati. It maintains markets in 35 states and the District of Columbia, with store formats that include hypermarkets, supermarkets, superstores, department stores, and 170 jewelry stores (782 convenience stores were sold to EG Group in 2018). Kroger-branded grocery stores are located in the Midwestern and Southern United States. Kroger operates 35 food processing or manufacturing facilities, 1,575 supermarket fuel centers, 2,258 pharmacies, and 222 The Little Clinic in-store medical clinics.Kroger's employees are mostly unionized collective bargaining agreements, and many are represented by the United Food and Commercial Workers (UFCW).

Kroger Company has been a target of short sellers for a while. The current short interest of 5.15% is roughly at the average of the last 12 months (4.89%).