*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
Stretching Your Dollar: How to Negotiate Medical Bills
With high healthcare costs, bills can quickly add up. In some cases, it is possible to negotiate your medical bills. Barak Richman, law professor at George Washington University, joined Cheddar News to discuss the easiest way to talk to medical debt companies about what's owed.
Stretching Your Dollar: Navigating Insurance
Millions of people have selected insurance plans for 2024 but sometimes navigating them can be tricky time consuming and expensive. Paula Pant, host of 'Afford Anything' podcast, joined Cheddar News to break down what's needed to know about their insurance plans.
Study: Over 58% of Hybrid Workers Are 'Coffee Badging'
With more employees being called back to the office, many workers are suddenly protesting by being in the office for as little time as possible. As the term suggests, coffee-badging means coming in for just enough time to have a cup of coffee, show your face, and swipe your badge.
Securitize: Join The Private Credit Boom
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.
Load More