Cincinnati — The Kroger Co. has completed the sale of its convenience store business unit (totaling 762 c-stores) to EG Group for $2.15 billion. Kroger’s supermarket fuel centers and its Turkey Hill Dairy were not included in the sale.
mike schlotman
Cincinnati and Blackburn, U.K. — The Kroger Co. and EG Group, a privately-held petrol forecourt convenience store retailer based in Blackburn, Lancashire, U.K., have agreed to the sale of Kroger’s convenience store business unit to EG Group for $2.15 billion. The companies expect to close the transaction during the first quarter of Kroger’s fiscal year.
Cincinnati — The Kroger Co. has appointed four executive vice presidents to lead key lines of business, including Mike Donnelly (EVP of merchandising); Chris Hjelm (EVP and CIO); Fred Morganthall (EVP of retail operations); and Mike Schlotman (EVP and CFO).