As of Aug 18, 2018, Kroger operated 2,769 supermarkets in 35 states states and the District of Columbia under two dozen banners including Kroger, City Market, Dillons, Harris Teeter, Jay C, Food 4 Less, Fred Meyer, Fry’s, King Soopers, QFC, Ralphs and Smith’s, of which 1,523 operate fuel centers and 2,268 operate pharmacies. The company also operated 267 fine jewelry stores.
In fiscal 2017, the company opened 24 new stores, relocated 15 stores, acquired 3 stores and closed 41 stores. During the first half of fiscal 2018, the company closed 13 net stores. The company sold the convenience store business on Apr 20, 2018.
At year-end, approximately 45% of supermarkets were operated in company-owned facilities, including owned buildings on leased land. Leased premises generally have base terms ranging from 1 to 20 years with renewal options for additional periods, and some options provide the right to purchase the property after the conclusion of the lease term.
Combination food & drug stores (2,353 stores at year-end), average approximately 63,000 square feet. Multi-department stores (132), operating under the Fred Meyer banner in the Pacific Northwest and Alaska, average over 165,000 square feet. Marketplace stores (168) range in size from 100,000 to 130,000 square feet. Price impact warehouse stores (129) operate under the Foods 4 Less and Foods Co. banners and average over 57,000 square feet.
|Total gross square feet (M)||180,300||179,000||177,800||173,500||161,700||160,600|
|Total gross square feet growth||0.7%||0.7%||2.5%||7.3%||0.7%||7.4%|
|Avg store gross sq ft||65,100||64,300||63,600||62,500||61,600||60,800|
|Avg store gross sq ft growth||1.6%||1.2%||1.8%||1.4%||1.3%||-1.4%|
Notes:Only includes supermarkets; excludes convenience stores and jewelry stores