*By Alisha Haridasani* One of the country's largest supermarket chains is investing in technology and talent to stay ahead in an increasingly competitive grocery business that has been upended by e-commerce. The grocery chain Kroger is seeking to “create shareholder value over the next three years,” said Jessica Adelman, the retailer’s Chief Communications Officer. The plan, called "Restock Kroger," includes initiatives to improve the grocery shopping experience online and offline. “We know people want to shop for anything, anytime, anywhere,” said Adelman in an interview Monday with Cheddar's CEO Jon Steinberg. Earlier this year, Kroger expanded its [‘Scan, Bag, Go’](http://ir.kroger.com/file/Index?KeyFile=391984350) pilot program across more stores, allowing users to scan their grocery items on their phone as they shop and pay at a self-service checkout. Kroger also started carrying the increasingly popular [meal kits](http://ir.kroger.com/file/Index?KeyFile=391474108) to cater to time-pressed customers who still want freshly cooked meals. The company also announced this month that it would aim to hire 11,000 employees by the end of this year, including 2,000 in management roles. “A lot of the jobs that we’re adding are in the technology space, in the areas that are complementary to helping us achieve ‘Restock Kroger,’” said Adelman. “We’re taking labor out of areas of the store where people don’t seem to miss it that much and we can help move our associates up the ladder into more meaningful work.” In a bid to attract and retain top talent, Kroger will provide a new education benefit for full and part-time associates who will $3,500 a year for new training, capped at $21,000 total. Adelman said the plan will be paid for in part with savings from the new tax plan passed by Congress. Though the company’s fourth quarter earnings were in line with expectations, competition from Amazon and Walmart continues to weigh down Kroger’s stock. The company’s shares were down more than 13 percent since a year ago. Last week, Kroger completed the $2.15 billion sale of its convenience stores to the EG Group in Britain and will use those proceeds to buy back shares. For full interview, [click here](https://cheddar.com/videos/jessica-adelman-on-how-kroger-uses-technology-to-compete-with-amazon).

Share:
More In Business
Spain fines Airbnb $75 million for unlicensed tourist rentals
Spain's government has fined Airbnb 64 million euros or $75 million for advertising unlicensed tourist rentals. The consumer rights ministry announced the fine on Monday. The ministry stated that many listings lacked proper license numbers or included incorrect information. The move is part of Spain's ongoing efforts to regulate short-term rental companies amid a housing affordability crisis especially in popular urban areas. The ministry ordered Airbnb in May to remove around 65,000 listings for similar violations. The government's consumer rights minister emphasized the impact on families struggling with housing. Airbnb said it plans to challenge the fine in court.
Roomba maker iRobot files for bankruptcy protection; will be taken private under restructuring
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process. iRobot said that it is being acquired by Picea through a court-supervised process. Picea is the company's primary contract manufacturer. The Bedford, Massachusetts-based anticipates completing the prepackaged chapter 11 process by February.
Serbia organized crime prosecutors charge minister, others in connection with Kushner-linked project
Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner. The charges came on Monday. The investigation centers on a controversy over a a bombed-out military complex in central Belgrade that was a protected cultural heritage zone but that is facing redevelopment as a luxury compound by a company linked to Kushner. The $500 million proposal to build a high-rise hotel, offices and shops at the site has met fierce opposition from experts at home and abroad. Selakovic and others allegedly illegally lifted the protection status for the site by falsifying documentation.
Load More