Kroger names first chief data and AI officer
Milen Mahadevan will still continue as president and CEO of 84.51°, Kroger’s data analytics subsidiary, while also overseeing the company’s data and AI platform and customer technology teams.
Milen Mahadevan will still continue as president and CEO of 84.51°, Kroger’s data analytics subsidiary, while also overseeing the company’s data and AI platform and customer technology teams.
“Our customers and communities want affordable, effective weight-management treatment options with real affordability,” said Colleen Lindholz, group vice president and president of Kroger Health.
Ron Sargent, who served as Kroger’s interim CEO for just shy of a year, said this move is part of “simplifying the business,” noting that Kroger also sold Vitacost, its online health and wellness subsidiary.
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“Kroger delivered a strong finish to the year, with improving market share trends and solid sales growth that reflect meaningful progress strengthening the business,” CEO Greg Foran said.
The initiative merges pharmacy access with nutrition support, fresh food, and dietitian services, making Kroger a comprehensive destination for weight management and wellness.
Ron Sargent continues as chairman of Kroger's board of directors.
All 18 Georgia clinics—including sites in Macon and Warner Robins—will close.
Line now features more than 110 items
“We are excited to promote several talented senior executives to key roles that will position Kroger for future success,” said Ron Sargent, Kroger’s Chairman and CEO.
Retailer will use Google Cloud new agentic platform, Gemini Enterprise for customer experience, to simplify and transform how customers shop and eat.
Kroger stated that the divestiture is part of a broader review of non-core assets as the company progresses with priorities.
Retailer offers 20% discount on produce and half-off Boost memberships to eligible customers.
The company expects to fund share repurchases with cash generated from operations and existing liquidity and remains committed to maintaining its investment-grade credit rating.
Gains in eCommerce and private-label brands offset charges tied to automated fulfillment network; grocer lifts earnings guidance for the year.
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