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How a broke 13 year old from Ohio started Kroger's

Автор: Business Breakdowns

Загружено: 2021-04-05

Просмотров: 3702

Описание: I was born on January 24, 1860, in Cincinnati, Ohio, and was the fifth of the ten children to John Henry and Mary Gertrude Kroger. We lived above a dry goods store that my parents owned. Unfortunately, due to the economic downturn in 1873, we had to shut the store down and I started working at the age of 13 to support the family. From one tiny grocery store in Cincinnati more than a century ago, I helped lay down the foundation for a supermarket that today ranks as one of the largest companies in America. In 2017, Kroger got voted as one of America's favourite supermarket chains.

My name is Bernard Henry Kroger and I am the founder.

...

Kroger is America’s largest supermarket chain by revenue, the second-largest general store retailer behind Walmart.


But have you ever taken a moment to think about the history of this mega-chain of America? We bet that there are so many fun facts you didn’t know about this legendary supermarket that has a really inspiring journey.


This is the story of the founder Barney Kroger, who used his life savings of $372 to open a grocery store that he initially named The Great Western Tea Co and later changed it to Kroger Grocery and Baking Co. in 1902. By the end of the 1920s, He was able to establish over 5,500 locations.


Today, there are over 2,778 Kroger-affiliated markets in the country, with revenues of a whopping $122.7 billion in 2017. It not only runs a chain of big-box stores known as Kroger Marketplace but also owns a broad network of manufacturing plants, and is also involved in a couple of non-grocery-related industries as well.


So to learn more about this brand and its journey, keep watching the above video till the end.


Enjoyed the video? Go ahead and leave a comment below! 💬
⭑ Don't forget to hit the like button! 👍

#krogers

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