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What's behind the Kroger Co.'s recent push to invest in Louisville?Jake Cannon, Louisville division president for Kroger, is on this week's Access Louisville podcast to explain that and much more.LBF has been reporting on major investments from Kroger in the market during the last few years. In March we had a story about a $1.8 million remodel of the West Broadway location. Before that, we covered a $2 million renovation of the Outer Loop Kroger. Those are just to name a few recent examples.As Cannon explains on the show: "it takes capital dollars invested into our brick and mortar stores to make sure layout of the store is right and that we have the right assortment [of products.] Thousands of items are introduced into the market each year."For example, he noted, that when he ran a Kroger store in the 2000s, there was only one energy drink on the shelves: Red Bull. "Now it's an aisle ... everybody in the world has an energy drink and that's what the customers are looking for," he said.Late last year, Kroger also announced a $40 million new marketplace store on Beulah Church Road.The company is facing new competition in town, including Publix's entry and expansion into Louisville. Cannon talks about competition as well — including what he looks for when he visits Kroger's competitors. As well as companies that he personally admires, including Starbucks and Chik-fil-a.Cannon, originally from Utah, started working in a grocery store when he was 16 as he explained in this 2023 profile story in Business First. That store wasn't a Kroger location but he found his way to the company from there. He worked for Kroger in Utah, Las Vegas and at the company's general office in Cincinnati, before coming to Louisville. Cincinnati-based Kroger has served the Louisville community for 95 years now at 27 stores across Jefferson County. Kroger Louisville Division operates 116 retail stores in Kentucky, Southern Indiana and Southern Illinois. Kroger Co. is one of the largest employers in Greater Louisville.Access Louisville, sponsored by Baird, is a weekly podcast from Louisville Business First. It's available on popular podcast services including Apple Podcasts and Spotify.
Erin DaSilva has joined Rovertown. Kroger Co. has entered a new agreement with Express Scripts. And Global Partners has made Fortune's most admired companies list.
You should be prepared for the upcoming stock market correction! At Wilsey Asset Management we are prepared for an upcoming correction in the stock market. That doesn't mean we or you should sell all your positions and go to cash. What it does mean is you should take a close look at your portfolio and see if you're over concentrated in certain positions, especially those that are trading at lofty valuations based on earnings, sales, book value, and cash flow. Many investors think that their stock or stocks will never decline and will just keep increasing forever. This is because they have no history or way of valuing what they hold in their portfolio. They are just happy because it keeps going up, which is obviously unsustainable. It is important for investors to realize that roughly every 19 months or so stocks go through a correction of 10% or more. If you look back in history, the last correction we had was roughly 20 months ago in March 2023 because of the regional banking crisis. What will cause the next correction? It could be concerns on tariffs, it could be due to global unrest, or perhaps it will be something that no one even thought of. The average correction lasts 3 to 4 months, but investors should be prepared for a longer period because an average is simply the average, and it will not be the same for every correction. Mentally, investors should be prepared for corrections, and they should understand it is not a matter of if it will it happen, but when it will happen, and you should not be emotionally disappointed when it does happen. As an investor, you have to realize it does happen, but if you have a strong diversified portfolio with investments that you understand you can weather the storm. If most of your stocks in the portfolio pay dividends that might make you feel better and also the income helps offset a potential decline in your portfolio. Also think like famed investor Warren Buffett that when a correction happens many equities go on sale and that is time to start buying. Don't, however, buy with the intention that you make money in the next month or two. Realize that you're buying a small piece of large company on sale that should do well for you in years to come. Technology has changed and improved oil drilling Thanks to advancements in technology and artificial intelligence, the United States now out produces any other country in the world when it comes to oil. Much of the success has come from the Permian Basin which is 75,000 square miles located in Texas and New Mexico. The area produces almost 50% of US oil. There have been huge efficiency advantages in US oil production which have increased 60% or more a day while using 40% less workers. It used to take 18 months to find oil when drilling in the ocean with seismic imaging. Thanks to advances in technology, it now takes only 18 days. Companies like Chevron also claim they can drill 80% more feet in a day than they did five years ago. When you think of oil drilling, you may think of the new show Landman on Paramount+ and all the dirty oil. While that is still part of it, it is to a much smaller degree because now there are workstations with computers and 20 to 30 workers controlling thousands of pieces of equipment from many miles away. All this new efficiency will benefit the consumer as this will stabilize oil prices to some degree. I believe this will occur because the breakeven for oil in the Permian has dropped over 50% to $40 a barrel and could fall even further. What this means is more and stable profits for the oil companies. The consumer will benefit as well as oil companies cost decline and the price of gasoline at the pump could decline further. Should we start to question the progress on inflation? The November Consumer Price Index (CPI) came in at 2.7%, which was in line with expectations but higher than October's reading of 2.6%. Core CPI, which excludes food and energy came in at 3.3%, which also matched expectations. The concern here is that this was the sixth month in a row that we have been at 3.3 or 3.2%. I have spent a lot of time talking about shelter costs, but those are finally starting to decelerate. The shelter index showed a gain of 4.7% compared to last year and while it still accounted for 40% of the monthly CPI increase, it was the smallest 12-month increase since February 2022. I continue to believe this index will continue to decelerate moving forward. The big question here is should we be concerned with this report? It looks like since it came in right along expectations the market is now with near certainty pricing in a cut at the Fed's meeting next week. I do have to say though it is somewhat concerning we are still a decent ways off from the Fed's target and it appears we have stalled out. We have come a long way from when the CPI was 9% in June 2022, but I believe if the Fed sticks to being “data dependent” they will want to see further progress before cutting rates much further next year. There are still some positives with areas like shelter and auto insurance that should be less burdensome next year, but other areas like energy will have a tough comparison considering the lower prices this year. Overall, I continue to believe the economy is in a good spot, but this report confirms my thoughts that those hoping for a lot of rate cuts next year may be getting too far ahead of themselves. Make your Charitable Gifts Count this Season If you currently receive required minimum distributions (RMDs) from a retirement account and you make charitable donations, you should be using your required distributions to make those charitable gifts. This is called a qualified charitable distribution (QCD) and it is a tax advantaged way to make the donations to charity that you were already doing. After the tax changes in 2017, the number of tax filers who itemize dropped substantially. Charitable donations are typically an itemized deduction, so for the majority of tax filers, charitable gifts do not provide any tax benefit. When taking a required distribution from a retirement account, the distribution is reportable as income. However, any required distribution that is instead sent to a charity does not need to be recognized as income, meaning the giver is guaranteed to receive both the federal and state income tax benefit, even if they don't itemize. Not only that, but since the charitable distribution is not included in income, it results in a lower adjusted gross income which is the income level that determines the cost of Medicare premiums (IRMAA). A normal itemized charitable donation only reduces taxable income, not adjusted gross income, so even people who itemize are still better off making qualified charitable distributions rather than itemized charitable donations. These QCDs are a great way to help a cause you believe in while getting the most tax benefits possible. Companies Discussed: The Cigna Group (CI), The Kroger Co. (KR), The PNC Financial Services Group, Inc. (PNC) & The Hershey Company (HSY)
Greg Hudnall - Hope Squad: Working to Spread Hope and Prevent Suicide. This is episode 706 of Teaching Learning Leading K12, an audio podcast. Greg Hudnall is the current Chief Executive Officer of Hope Squad, Inc. He has a dual Bachelor of Science in Applied Statistics and a Bachelor of Arts in Spanish from BYU. He received his MBA from Indiana University and now currently resides in Cincinnati, OH. He spent a decade in corporate America at The Kroger Co. and Johnson & Johnson in process improvement, marketing, and sales roles. Greg firmly believes that good personal mental health habits, active listening, and reaching out to trusted peers have the ability to save lives. His personality type is ISTJ or logistician. His 5 StrengthsFinder results are Deliberative, Input, Restorative, Learner, and Discipline. When he's not at work he enjoys hiking, exercise, and reading. Fun facts: he's climbed 14 of Colorado's 58 fourteeners. He's been to 5 continents and lived in 4 different countries. His next bucket list item is Mount Kilimanjaro. Our focus is Hope Squad. Awesome program! Great talk! Before you go... You could help support this podcast by Buying Me A Coffee. Not really buying me something to drink but clicking on the link on my home page at https://stevenmiletto.com for Buy Me a Coffee or by going to this link Buy Me a Coffee. This would allow you to donate to help the show address the costs associated with producing the podcast from upgrading gear to the fees associated with producing the show. That would be cool. Thanks for thinking about it. Hey, I've got another favor...could you share the podcast with one of your friends, colleagues, and family members? Hmmm? What do you think? Thank you! You are AWESOME! Thanks so much! Connect & Learn More: https://hopesquad.com/ https://twitter.com/HopeSquads https://instagram.com/hopesquad https://www.facebook.com/339861456463343 https://www.linkedin.com/in/greghudnall/ https://tiktok.com/@hopesquad gregjr@hopesquad.com Length - 31:46
In this episode of Since Slice Bread, Akeem Babatunde, senior director of supply chain at The Kroger Co., shares how the industry is embracing automation and a mindset of continuous improvement and how this can influence a bakers' approach for attending next year's IBIE, to be held Sept. 13-17, 2025, in Las Vegas.
We are talking about collecting today on the Noize! We got attorney and art collector Nick Bedford. You might catch Nick in Miami at Art Basel, flying worldwide to check out all the shows, or in the studio with your favorite artists. Nick talks about the value of art, following artists as they grow, and getting into the politics behind collecting. Nick shines a light on what he values in purchasing, which includes the sketches and preliminary drawings. It's a talk about the other side of the art business from a person actively supporting and acquiring work. Listen, subscribe, and share!Episode 189 topics include:reasons to collectvalue in artcollecting sketches and preliminary workswhat makes a great artisthow success changes artists and collectingfollowing artists as they growrecent treasures in the collectiongatekeeping by museums and galleriesNick Bedford bio:Nicholas Bedford is a highly accomplished, leveraging his extensive legal expertise to provide exceptional defense for prominent corporate entities, municipalities, and trucking companies across the nation. Among his esteemed clientele are renowned organizations like National Indemnity Company, The Kroger Co., American Family Insurance, Grady Memorial Hospital, The Home Depot, Inc., The City of Atlanta, and some of the nation's biggest corporate citizens. With over a decade of experience, Nicholas has consistently demonstrated his prowess in handling complex legal matters.Beyond his legal achievements, Nicholas is deeply committed to his community and passionate about promoting artistic advocacy. He serves as a Board Member of Georgia Lawyers for the Arts and is the visionary Founder of the Artist Making a Difference Mural Program. Through this innovative initiative, Nicholas has spearheaded impactful murals and initiated programs for philanthropic causes, including the Ronald McDonald House, the Atlanta Missions, Allgood Elementary School, and the Jesse Draper Boys & Girls School.See more: Nick Bedford's IG @nick_bedFollow us:StudioNoizePodcast.comIG: @studionoizepodcastJamaal Barber: @JBarberStudioSupport the podcast www.patreon.com/studionoizepodcast
The Kroger Co. approves a shareholder dividend increase. Giant Eagle beefs up its omnichannel game. And a new study shows convenience-store customers are struggling to make ends meet.
June 17, 2024 ~ Cam Barrett, corporate affairs manager for Kroger Co. of Michigan joins Guy Gordon, Lloyd Jackson, and Jamie Edmonds to talk about kicking off Kroger's Hunger Free Summer with WJR Cares in a fight to end Hunger. The goal of the initiative is to join forces to ensure no kid goes hungry in the summer months while school is out. Hear about the impactful donation events and how every contribution counts in this crucial cause.
We dive into the recent actions taken by the Federal Trade Commission to halt the proposed merger between Kroger Co. and Albertsons Companies, which has ignited a significant debate over its potential impact on the grocery sector and consumers at large. This proposed merger has drawn scrutiny for its potential to reshape the competitive landscape of the grocery industry, affecting everything from pricing to the quality of products available to consumers.Support the show: https://www.montrosepress.com/site/forms/subscription_services/See omnystudio.com/listener for privacy information.
Kentucky is suing the Kroger Co. over opioid pills. CSP has formed its inaugural C-StoreTEC Advisory Board. And Sheetz has promoted three executives.
It's been a rough four years for the modern grocery consumer - first, the pandemic shifted many consumer habits and subsequent inflation challenged their budgets. Alex Trott, director of insights with 84.51°, helps break down current pain points and opportunities that consumers are facing, including increased anxiety, stretched finances, and a need for omnichannel solutions. More about Alex Trott: As a Director of Insights, Alex Trott leads a team of insight managers and is responsible for ensuring CPG clients maximize the value of Kroger data and insights. She collaborates with 84.51°'s insights, consumer research, data science, and product teams to support clients' and The Kroger Co.'s current needs and future strategic growth initiatives. Alex was promoted to her current role after serving 10 years with the company in a variety of roles. In her longest tenured role as Senior Client Lead, Kroger Merchandising, she created and led the multi-disciplinary, customer-focused strategy for the Natural Foods Department at Kroger. Under her guidance, she helped Kroger become a leader in the natural and organic space including the creation of the Natural Foods Summit – an innovation platform that promoted discussion about natural food trends and allowed emerging brands to showcase their products directly to Kroger. Alex began her career at 84.51°, previously dunnhumbyUSA, in the grad program as an Associate Client Lead in Communications & Media. A native Cincinnatian, Alex graduated from Miami University with Bachelor of Arts in Psychology and a minor in Entrepreneurship. She sits on the NextUp Cincinnati Regional leadership team and has tutored third grade math and reading at the Oyler School for 9 consecutive school years. More about 84.51°: 84.51° is a retail data science, insights and media company. We help The Kroger Company, consumer packaged goods companies, agencies, publishers and affiliated partners create more personalized and valuable experiences for shoppers across the path to purchase. Powered by cutting edge science, we leverage 1st party retail data from nearly 1 of 2 U.S households and 2BN+ transactions to fuel a more customer-centric journey utilizing 84.51° Insights, 84.51° Loyalty Marketing and our retail media advertising solution, Kroger Precision Marketing. Follow 84.51° on LinkedIn: https://www.linkedin.com/company/84-51/ Visit 84.51°'s website: https://www.8451.com/ Sign up for Retail 360: https://lp.constantcontactpages.com/su/cIOL5ME/FIRetail360
California sued the Ralphs supermarket chain on December 21, alleging that it violated state law by asking job-seekers whether they had criminal records and illegally rejecting hundreds of applicants. The California Civil Rights Department contends that Ralphs Grocery Co. “has ignored and continues to ignore” the Fair Chance Act “by screening out otherwise qualified applicants on the basis of criminal histories that do not have any adverse relationship with the duties of the job for which they were applying,” according to a departmental press statement. The law, which took effect in 2018, was designed to reduce the chance of ex-convicts reoffending by giving them opportunities to earn a living. In general, employers with five or more workers can't ask applicants about their criminal histories before making job offers and must follow specific procedures for rejecting them. The law says employers can't rescind a job offer if the applicant's conviction, which could be for a misdemeanor, wouldn't directly affect job responsibilities. Instead, Ralphs job-seekers were given what the suit calls a “confusing and misleading” application form that included questions seeking disclosure of their criminal histories. Most candidates who had their job offers rescinded weren't given any way to contact Ralphs to challenge the decision as the law requires, the statement said. Some candidates “lost their job offers based on convictions for a single misdemeanor count of excessive noise. Other applicants who had convictions from other states for simple cannabis possession were also disqualified,” the department's statement said. “When roughly 70 million Americans have some sort of record, policies like those employed by Ralphs aren't just discriminatory and against California law, they don't make sense,” the department's director, Kevin Kish, said in the statement. “Ralphs has continued to unlawfully deny jobs to qualified candidates and that's why we're taking them to court.” An email seeking comment from Ralphs' corporate owner, The Kroger Co., wasn't immediately returned. Ralphs has 185 stores in California with about 25,000 employees, according to the lawsuit. This article was provided by The Associated Press.
A Washington Post investigation shows that law enforcement agencies have been accessing patient prescription records from pharmacies without warrants, a congressional investigation has found. Consumers are often unaware their private information is being handed over to authorities. Lawmakers surveyed eight major pharmacy chains — CVS Health, Walgreens Boots Alliance, Cigna, Optum Rx, Walmart Stores Inc., The Kroger Co. and Rite Aid Corp. along with Amazon Pharmacy. Only Amazon Pharmacy said it had a policy of informing customers when law enforcement requested their records. None of the companies said it requires a warrant before providing pharmacy records to law enforcement agencies. To discuss what this could mean specifically for women and girls post the Dobbs decision, we're joined by Imani Gandi, Editor-at-Large for Rewire News Group. She also co-hosts the podcast Boom! Lawyered. Follow Imani Gandy on X: https://twitter.com/AngryBlackLady —- Subscribe to this podcast: https://plinkhq.com/i/1637968343?to=page Get in touch: lawanddisorder@kpfa.org Follow us on socials @LawAndDis: https://twitter.com/LawAndDis; https://www.instagram.com/lawanddis/ photo: Maxim Hopman via Unsplash The post Pharmacies Share Records with Law Enforcement w/ Imani Gandy appeared first on KPFA.
How does the industry move from endorsing responsible labor practices to taking action? Peter O'Driscoll, executive director of Equitable Food Initiative, and Kim Combs, supplier verification manager with The Kroger Co., explore the topic, along with EFI Director of Marketing Communications LeAnne Ruzzamenti, in this “Tip of the Iceberg” podcast brought to you by EFI and The Packer. To find us: Our websites: producemarketguide.com, thepacker.com and ProduceEDU.com. Email: news@thepacker.com and artists@producemarketguide.com LinkedIn: PMG: Produce Market Guide and The Packer Instagram: @packernews and @producemktguide Facebook: @ProduceMktGuide and @PackerNews Twitter: @produceretailer and @thepackerSee omnystudio.com/listener for privacy information.
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks: $QSR, $KR,$ACI,$DOCU $ARGGYRestaurant Brands International Inc. (NYSE:QSR), the parent company of Popeye's, Burger King and Tim Hortons recently approved plans to purchase up to $1 billion of its common shares over the next two years through Sept. 30, 2025.The Kroger Co. (NYSE:KR) and Albertsons Companies Inc. (NYSE:ACI) announced today that they have entered a definitive agreement with C&S Wholesale Grocers, LLC for the sale of select stores, banners, distribution centers, offices and private label brands in connection with their proposed merger previously announced on October 14, 2022.DocuSign, Inc. (NASDAQ:DOCU) reported better-than-expected results for its second quarter. DocuSign shares rose 2.8% to $53.59 in the after-hours trading session.Aston Martin Lagonda Global Holdings Plc.(OTC: ARGGY)Hosts:Michael O'Connor , Benzinga NewsdeskReach out to Michael at michaeloconnor@benzinga.comPartnership Contentpro.benzinga.comIf you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
In Kandil-Elsayed v F & E Oil, Inc., ___ Mich ___; ___ NW2d ___ (2023) (Docket No. 162907) and Pinsky v Kroger Co of Mich, ___ Mich ___; ___ NW2d ___ (2023) (Docket No. 163430), the Michigan Supreme Court reversed decades old precedent, and reduced the Open and Obvious defense to a comparative negligence issue.
Chris McChesney is the co-author of the best-selling book in the world on strategy execution. He is the Global Practice Leader of Execution for FranklinCovey Co. and one of the primary developers of The 4 Disciplines of Execution. For 15 years, he has led FranklinCovey's ongoing design and development of these principles, as well as the consulting organization that has achieved extraordinary growth in many countries around the globe and impacted hundreds of organizations. Chris has personally led many of the most noted implementations of the 4 Disciplines, including Marriott® International, Shaw Industries, The Ritz-Carlton Hotel Company® , The Kroger® Co., The Coca-Cola Co.® , Comcast, Lockheed Martin Corporation, and Gaylord Entertainment. Also, Chris has worked with Yum Brands, Chick-Fil-A, Neighborly Brands, Loan Market, Hard Rock Cafe, Bridgestone, and Tailored Brands. This practical experience has enabled him to test and refine the principles contained in The 4 Disciplines of Execution from the boardroom to the front line of these and many other organizations. Chris's career with FranklinCovey began by working directly with Dr. Stephen R. Covey and has continued for more than two decades to include roles as a con-sultant, managing director, and general manager within the organization. Chris launched the first 4 Disciplines of Execution Practice in FranklinCovey's Southeast Region, and today has seen it expand around the globe. Throughout this period of significant growth and expansion, Chris has maintained a single focus: to help organizations get results through improved execution. Chris and his wife Constance are the proud parents of five daughters and two sons. His love of family is combined with his passion for boating, water sports, coaching, and trying to keep up with his children. Known for his high energy and engaging message, Chris has become a highly sought-after speaker and advisor on strategy execution. Chris has presented at the largest leadership conferences in the world, including Global Leadership Summit and World Business Forum. The 4 Disciplines of Execution message is something that fits into every theme. Every leader has a goal that they want to achieve, but how do you focus and leverage organizational behavior to accomplish your wildly important goals despite a whirlwind of competing priorities?Link to claim CME credit: https://www.surveymonkey.com/r/3DXCFW3CME credit is available for up to 3 years after the stated release dateContact CEOD@bmhcc.org if you have any questions about claiming credit.
On today's episode, we discuss Apple's dominance in the digital wallet arena. In our “Headlines” segment, we look at the ramifications of The Kroger Co.'s about-face on Apple Pay and how the EU is scrutinizing Apple Pay in its antitrust investigation. In “Story by Numbers,” we examine how Gen Z's use of iPhones will keep Apple competitive in the digital wallet space and the success of Apple's new savings account. And in our new segment, “What If,” host Rob Rubin presents a few hypotheticals and discusses what things would look like if they were true. Tune in to the discussion with our analyst David Morris. Follow us on Instagram at: https://www.instagram.com/behindthenumbers_podcast/ For sponsorship opportunities contact us: advertising@insiderintelligence.com For more information visit: https://www.insiderintelligence.com/contact/advertise/ Have questions or just want to say hi? Drop us a line at podcast@emarketer.com © 2023 Insider Intelligence TransUnion's TruAudienceTM marketing solutions powers data-driven marketing and measurement with an end-to-end suite of identity resolution, data enrichment, credit marketing, audience targeting and advanced analytics solutions. As part of a global information and insights company, TransUnion supports over 5,000 financial institutions in the US.
In this episode, we talk (mostly) all things money, markets and jobs. With all the prognostications from some of the most influential experts on Wall and Main Street mulling a recession, and some seeing it striking America this year, RODNEY McMULLEN, CEO at Kroger Co, the biggest supermarket operator, has nailed it. Consumers are behaving as if they are already in a recession, he says. We'll take a look underneath the hood of this strange and befuddling US and global economy, weigh up where we are at on all cylinders, political and economic. Labor force expert, IRA WOLFE, host of the GEEKS, GEEZERS & GOOGLIZATION Podcast, will help us make sense of all the noise and clutter. We'll also offer a sneak preview of our upcoming interview on HAPPINESS with DR. CHARLES P. NEMETH. Questions & Comments: byrnedesk@gmail.com --- Support this podcast: https://anchor.fm/john-aidan-byrne0/support
It was a mixed bag in 2022, but overall, the stock prices of publicly traded food retailers outperformed the market. Many grocery stocks started the year strong, but as inflation ramped up quickly in the first half of the year — and the economic outlook became gloomier amid rising interest rates and the fear of a possible recession — several companies’ stock prices faltered. Take Kroger for instance. In a year that saw the Dow Jones Industrial Average fall 8.9%, the S&P 500 lose 19.4% and the NASDAQ tumble 33.1%, even a flat performance by Kroger Co. could be considered a win for investors, however. Some analysts believe Kroger is well-positioned for the year ahead, however, given its strong private label offering, its focus on fresh foods, and its data analytics capabilities. SN spoke with Scott Mushkin, founder and CEO of R5 Capital, about what the trend in grocery stocks means, and where it’s pointing us in 2023. Take a listen. Have a pitch for the podcast? Contact SN Executive Editor Chloe Riley at chloe.riley@informa.com, or reach out and say hi on LinkedIn. Thanks for listening.
News of yet another Publix location coming to Louisville has the potential to shake up the grocery market locally. We chat about that on this week's Access Louisville podcast. Lakeland, Florida-based Publix announced a new store coming to the corner of Flat Rock Road and Shelbyville Road earlier this week. Reporter Eleanor Tolbert, who joins the podcast this week, explains this is the third store Publix has announced for Louisville. One other Publix store is under construction at 2500 Terra Crossing Boulevard and a second one is planned at the corner of Ballardsville and Brownsboro Road in Louisville. Tolbert has also done some internet sleuthing and found there might be one more Publix in the works in Fern Creek — though that's not official yet.Tolbert has been following developments closely in grocery/retail trends in Louisville lately, particularly since writing a special report on the subject earlier this year. As mentioned in that report, The Kroger Co. owns 43% of the local grocery market share, with 43 stores in the area, according to Tampa, Florida-based retail data provider Chain Store Guide. Next closest is Bentonville, Arkansas-based Walmart Stores Inc., with 16 stores and a 23% share; and Meijer with 6.9%, and six stores, in the market.More from this week's Access Louisville podcastLater in the show we speak about a Louisville lawyer, Jack Wheat, who had a hand in helping a Kentucky artist get credit for her work to help launch the famous Cabbage Patch Kids dolls. This case helped set the tone for Wheat's practice for years to come. We also chat about some of the latest restaurant news, including: Epiphany, a farm-to-table cocktail bar, launching in the Highlands, Ziba's Bistro closing at Logan Street Market; and Gallant Fox opening in Mount Washington.Access Louisville is a weekly podcast from Louisville Business First. It's co-hosted by myself and Reporter Laurel Deppen and new episodes are posted on Fridays. Our guests this week are Haley Cawthon and Eleanor Tolbert.It's available on popular podcast services including Apple Podcasts and Spotify, which are linked above. You also can listen to the show in the player above.
Julie Marzheuser is the Organized Retail Crime Investigations Manager at The Kroger Co. — the country's second-largest supermarket chain by revenue. In her role, she conducts threat assessments for internal and external cases and provides executive protection to C-Level executives and board members. She is a former law enforcement professional with a wide range of experiences — including investigations, crisis/hostage negotiation, SWAT team, VIP protection, and event security.In this episode, Julie discusses the following topics with host Dr. Marisa Randazzo:What led her to begin a career path on the front lines of securityHer transition from the public to the private sectorChallenges in the retail industry and how she has worked to address themAdvice for women and girls looking to get into the security industry
In today's episode, Corinne sits down with Brenda Banegas, Recruitment Counselor at the USTMAX Center in downtown Conroe where she manages the University's social media accounts and helps market the online degrees and programs we have at the USTMAX Center. Brenda received her Bachelor of Business Administration from Sam Houston State University and is currently working on an MBA at the University of St. Thomas. Her background is in marketing with her first job after college being at Kroger Co. After five years she knew she wanted to work at a non-profit organization. In 2018 she started working at the University of St. Thomas. We hope you enjoy today's episode! --- Send in a voice message: https://podcasters.spotify.com/pod/show/efta/message
In driving its “lead with fresh, accelerate with digital” strategy, The Kroger Co. — the Supermarket News 2022 Retailer of the Year — aims to build a seamless ecosystem in which customers can move easily between channels and get the same high-quality experience. That includes shifting between brick-and-mortar stores and digital, and among in-store shopping, pickup and delivery. “Our aspiration is to be the destination for our customers for their food needs,” Yael Cosset, senior vice president and chief information officer at Cincinnati-based Kroger, told SN in a podcast discussion. “At the heart of our vision for a seamless ecosystem is the precise understanding of our customers.” Unsurprisingly, technology is playing a central role. On the e-commerce side, Kroger has opened six customer fulfillment centers (CFCs) and nine supporting “spoke” facilities under its more than four-year-old partnership with Ocado Group. These high-tech facilities use Ocado’s automation and artificial intelligence technology to fill online grocery delivery orders, including in markets where Kroger doesn’t have physical stores. But that’s not all. Kroger, which serves more than 60 million households annually, is leveraging the vast stores of data from across its physical and virtual properties and brands to create more personalized experiences and value for customers. The company also is using tech-based solutions and its data and analytics capabilities, for example, to hone its supply chain to improve product freshness, expedite pickup and delivery service, and introduce new, on-trend items in its Our Brands portfolio. According to Cosset, Kroger is seizing “the opportunity to leverage data to really understand what matters to every single customer — what they want, from the freshest product for a simple meal they cook at home to a quality fresh meal solution when they’re on the go; when they want it, whether they’re doing their weekly shop or looking for an immediate solution delivered to them in 30 minutes; and also how they want it. Do they want to go to the store, pick it up or get it delivered to their home? All of this without having to compromise on the freshness, quality or value they get from Kroger.” Overall, The Kroger Co. operates 2,723 supermarkets and multi-department stores under more than 20 banners. More than 2,250 stores have pharmacies, and over 1,600 have fuel centers. Eighty-two percent of Kroger’s customers within five miles of one of its stores, with most living within two miles. On the digital side, as of the fiscal 2021 year-end, 2,257 stores provided online grocery pickup, and over 2,500 stores offered delivery. Including click-and-collect and delivery via Kroger Delivery, third-party partners such as Instacart and Kroger’s Ship direct-to-home service, the company covered 98% of households in its trade area with e-commerce services. Digital represents a more than $10 billion annual business for Kroger. About 18.5 million households engaged online with the retailer in 2021. “Our seamless ecosystem is about bringing all of our assets together — our stores, our dedicated facilities, leveraging technology, our partners, petabytes of data about customer preferences — ultimately to bring that seamless experience to life to fit the context of your day, your need,” Cosset said. “So data and technology is present across the entire ecosystem.”
Today we’re going to be talking about Joanna Fantozzi’s column, Tech Tracker. Tech Tracker rounds up what's happening in the technology sector of the restaurant industry, including news from restaurants vendors, digital platforms and third-party delivery companies. This month, the main story comes from an interview with Kitchen United CEO Michael Montagano, who gave some insight into the ghost-kitchen company’s recent $100 million fundraising round with investments from a wide range of companies. Those companies include Burger King parent Restaurant Brands International, supermarket company The Kroger Co., Simon Shopping Malls and convenience-store chain Couche-Tard Circle K. Joanna has more on the story. Plus, catch up on all the top news of the day with our daily news recap at the beginning of each episode. Be sure to subscribe to First Bite wherever you get your podcasts or on Castos, Spotify, or Apple Podcasts.
Programming note: Money Stuff was supposed to be off today but, Elon. So here we are. Look this all makes complete sense, obvious, intuitive, simple s... anddisclosed it on Schedule 13Gonly ifasking his followers knows better than to argue he doesn’t care Elon Markets Hypothesis talked about it beforestakeholder capitalism shareholder activism ESG purposes McDonald’s Corp.Kroger Co.idiosyncratic personal reasonsfundamentally undermines democracyof Berghainiconic bouncerannounced that it is planning a stock split talked last weekbubbled uppopular awarenessSection 242(a)(3)section 173Here’s this talked lot the deli in 2021announcement of the mergerthe merger agreement Bloomberg’s “Odd Lots” podcast Sam Bankman-Fried Social Media SPACDiversity on BoardsSuspends Share BuybacksTom Bradyon April 1subscribe at this linkhereamendment requirements
35% of food produced in the U.S. is thrown away, while 42 million Americans struggle with hunger. In this episode, Tad and Julianna sit down with Sunny Reelhorn Parr, Head of Philanthropy at Kroger and Executive Director of The Kroger Co. Zero Hunger | Zero Waste Foundation, to discuss Kroger's focus on tackling hunger and food waste, keys to success for solving the food waste problem, The Kroger Co. Zero Hunger | Zero Waste Foundation, and the Innovation Fund. SHOW NOTES: https://www.tadradzinski.com/tad-talks-sustainability-podcast/episode15-tackling-hunger-and-food-waste
Hey Identifier, https://www.wsj.com/articles/kroger-workers-approve-new-contract-after-nine-day-strike-11643123074 More than 8,000 workers at Kroger Co. KR -1.55% 's King Soopers grocery stores ratified a new three-year contract following a nine-day strike in Denver. The new agreement includes higher wages for King Soopers employees, with some receiving increases of more than $5 per hour, according to United Food and Commercial Workers Local 7, which represents King Soopers workers in Colorado. Unionized workers will also receive better healthcare and pension benefits, the union said. #kingsoopers #krogerprotest #protest Leave us a Voice Mail or Support https://anchor.fm/the-identity-booth/message https://anchor.fm/the-identity-booth/support Sub to the channel here https://www.twitch.tv/theidentitybooth Donate https://streamlabs.com/projecteto/tip The Goal: Try to Identify with you as you try to Identify with me. Find Heero here: https://linktr.ee/the_identity_Booth Find Eric here: https://www.instagram.com/etfactz/?hl=en Take Care --- Send in a voice message: https://anchor.fm/the-identity-booth/message Support this podcast: https://anchor.fm/the-identity-booth/support
Show Notes: Can Amy get through one more conversation about football? Can Burke contain his energy for The Cincinnati Bengals? Listen to two perspectives about the topic of football. Then we take a look at Tasty Dawg's menu, chat about some well known Cincinnati companies, and One More Thing. Tasty Dawg Skyline Chili Graeter's History of Procter & Gamble: Timeline and Facts Taft's Brewpourium Columbus | Taft's Brewing Co. The Kroger Co. About Jeff Ruby History of the Los Angeles Rams Cincinnati Bengals Why Is American Football So Popular? (Reasons Explained!) Why Is American Football Called Football When They Carry the Ball? | FAQ | Rules of Sport
In the wake of the pandemic’s unprecedented disruption to the grocery business, a new consumer has emerged — hybrid shoppers who are using both in-store and e-commerce to fulfill different purchases. But not all hybrid shopping behaviors are the same, points out Barbara Connors, vice president, Commercial Insights at The Kroger Co.’s 84.51°, the grocery giant’s retail data science, insights and media company. She joined us for our latest SN Off the Shelf podcast to share insights about these shoppers and how retailers can best engage with them. “E-commerce engagement has doubled since pre-pandemic times and hybrid shoppers have also doubled,” she said. “This trend will continue to grow as adoption and trial continues to expand across different customer groups. And really what this means for the industry is that, we've come to a point where e-commerce is now mainstream and it will only continue to become a more important part of brand strategies.” Delving into the profile of digital shoppers, 84.51° identified several commonalities: They trend Gen X and younger, have higher incomes and have children. They are high-convenience shoppers and medium to high natural and organic shoppers. Beyond these common traits, however, two distinct household types emerge: what 84.51° calls the “digital champ” and the “digital dabbler.” “The digital champs are really those customers that have sort of moved all in and the dabblers are those that are still sort of trying it out and figuring out what they like and how it's going to fit in,” said Connors. “Overall, we do see that e-commerce shoppers tend to be younger, tend to have children and tend to value convenience. But within that when you dig in, we say these digital champs, those that are at the high end of the spectrum, they're a quarter of the households but they represent 61% of sales. And so it's really important that strategy meets the needs of them because winning with them is what's going to drive your overall growth today. They also tend to place a higher priority on health” “On the flip side,” she added, “the dabblers are 14% of households but they're only 10% of the spend. They tend to be larger households and they also tend to have higher price sensitivity. So if you think about what we could do to engage them differently, instead of focusing as much on health benefits, it can be really prioritizing how you're showing value and how you are helping them to make fiscally responsible choices for their family or their budget.” Connors shared deeper insights into both these groups, including generational and lifestyle trends, as well as the importance of omnichannel strategies for retailers and manufacturers. Tune into the podcast to learn more from 84.51°.
In this episode of Smart Energy Voices, host John Failla continues SED's series on “Inspiring Diversity in Energy.” This conversation was part of the recent Distributed Energy Forum with a panel featuring Cheryl Comer, Strategic Account Manager - Duke Energy Sustainable Solutions, Gilbert Campbell, Co-Founder & CEO - Volt Energy, and Denis George, Category Manager for Energy - The Kroger Company. You won't want to miss this meaningful conversation on how collaboration can help accelerate success in diversifying the supplier rosters of large electric power users. You will want to hear this episode if you are interested in... Backgrounds and current roles [02:31] Challenges in engaging large customers [06:35] The importance of collaboration [12:53] Volt Energy's community efforts [16:36] What is DiCE? [18:49] Environmental Justice PPAs [26:46] Collaboration for new ideas Humankind is in a race against time to save the planet. Innovation and transformation need to happen. Different mindsets and thought processes working together bring value and best-in-class ideas to the table. Collaboration provides an excellent opportunity to get to know key stakeholders in other communities and become exposed to new ideas. For example, social justice and a PPA would never have been correlated before, but amazingly and effectively, they are now. Diversity focuses on connecting people in various communities so such ideas can develop and expand. Diversity in Clean Energy (DiCE) The creation of DiCE was prompted when T Mobile became one of Cheryl's strategic accounts. Amy Bond, Energy Procurement Program Manager - T Mobile, asked Cheryl how Duke Energy interacts with diverse suppliers. In response, Duke Energy held a two-day roundtable discussion about tracking diverse suppliers. They realized that corporations don't usually share contacts when they have them. The communication that did happen was limited to word of mouth. Duke's vision of DiCE is to open doors, utilize, and amplify the stories of diverse suppliers. One of DiCE's key objectives is to create a database or repository for diverse suppliers, which is being sponsored by Microsoft. They want to ensure that the energy industry has a good database without systemic barriers. While DiCE is growing, it's running on a two-year pilot in a smaller nexus with Kroger, T Mobile, Microsoft, and diverse suppliers. There is significant interest from organizations that want to join. Meanwhile, they can raise awareness and take action in their own space. Justice in the environment Environmental Justice PPAs are Volt Energy's response to ensure that rural communities aren't left behind in the transition to clean energy. Volt Energy prioritizes developing projects in economically disadvantaged rural areas, particularly where fossil fuel plants have been shut down, to help with economic revitalization. They also recognize the plight of many minority communities that haven't had access to participate in the clean energy boom. Volt Energy explains that these communities have risked their lives for the last 100 years to ensure everyone has power. They've dealt with environmental injustice in basic necessities like clean water and air. As power plants are shutting down in a transition to clean energy, it's fair to prioritize those communities. There are many great environmental justice organizations doing great work both at the national and local levels. Volt Energy invests in programs and projects conducted by these organizations to continue this good work. Volt also works with small businesses. One of the major barriers for small businesses, particularly diverse small businesses, is capital. Volt Energy is looking into providing microloans to businesses to help reduce some of the financial burdens. These loans offer an avenue for scaling diverse businesses. Resources & People Mentioned Solar Energy Industries Association American Association of Blacks in Energy Renewable Energy Buyers Alliance Dice ESG Report - The Kroger Co. Environmental Justice PPA Connect with Gilbert Campbell On LinkedIn Gilbert Campbell is the Founder and CEO of Volt Energy Utility, a national renewable energy firm that finances and develops utility-scale solar and energy storage projects for large corporate clients, municipalities, and other institutions. Gilbert serves on the Board of Directors at The Solar Energy Industries Association (SEIA), The Renewable Energy Buyers Alliance (REBA), The American Association of Blacks in Energy (AABE), is an Advisory Board Member at 3Degrees, and is a Founding Member of Renewables Forward. Gilbert also co-founded Volt Energy, a national distributed generation solar development company. Under Gilbert's leadership, Volt Energy successfully developed solar projects for numerous public and private sector clients including, Accenture, Exelon/Pepco, The Cheesecake Factory, Subaru, District of Columbia Government, Howard University, and Wake Forest University. Gilbert is an advocate and spokesperson for diversity, equity, and inclusion in clean energy, environmental justice, and sustainability; and regularly advises federal and local officials, corporations, and other key stakeholders on policies and best practices. Gilbert has been nationally recognized for his efforts and has testified before Congress regarding the need for increased minority participation in the renewable energy sector. In 2016, the Obama Administration presented Gilbert with the White House Champions of Change Award for his leadership in advancing climate change equity. Gilbert was named to EBONY magazine's 2014 Power 100 List, which recognizes influential achievements by African Americans annually. Under Gilbert's leadership, Volt is a 2014 recipient of Amtrak and The Washington Wizards Pioneer Award, which honors companies that have made a positive impact in their community. Realizing that change begins with preparation Gilbert has been a vocal proponent of STEM education and outreach opportunities for young people across the country. Gilbert graduated Magna Cum Laude with a B.B.A in Finance from Howard University and has done post-graduate leadership training at Harvard University. Connect with Cheryl D. Comer On LinkedIn Cheryl Comer is a Strategic Account Manager in the Sales and Relationship Management organization at Duke Energy Sustainable Solutions. She is responsible for developing and sustaining long-term strategic customer relationships for mutual growth, profitability, trust, loyalty, and risk management. Her assigned strategic accounts are FedEx, Kroger, Microsoft, and T-Mobile. Cheryl brings a wealth of experience from the education and legal industries. In addition to teaching middle school and high school students music theory, solfeggio, string, symphony orchestra, and music history, Cheryl served as a high school principal of an alternative school in Phoenix, Arizona. She managed a school of 350 students and 30 staff members. During her tenure as principal, she learned to effectively balance considerations from competing stakeholders such as state mandates, instructional and support staff, parents, students, and community. Under her leadership, graduation rates and test scores increased. Cheryl is also a licensed attorney in North Carolina and Louisiana and practiced law at a mid-sized litigation boutique in downtown New Orleans before joining Duke Energy in 2018. She continues to practice law in the capacity of a pro bono attorney with Legal Aid of North Carolina and often lends a hand to family and friends when in need of sound legal advice. She is a community activist in Gaston County and Diversity, Equity, and Inclusion champion. Cheryl's first love, however, is the cello. She began playing in an exploratory program in the 4th grade and never stopped! She plays the violin, viola, cello, and bass but is proficient on cello. Cheryl is a graduate of Interlochen Arts Academy and the University of Michigan (where she won principal cellist of the most advanced orchestra). She earned a master's degree in Educational Leadership from Western Michigan University and a Juris Doctor from the University of Detroit School of Law. She has been a licensed attorney since 2009. Cheryl's passions include international travel, spending time on the beach with her family, and enjoying the zest of life. She grew up in Kalamazoo, Michigan, has three children, and resides in Charlotte, N.C. Connect with Denis George On LinkedIn As Category Manager - Energy for The Kroger Co.– one of the Nation's largest grocery companies with well over $110B in annual revenue - Denis George manages the Company's renewable energy acquisition, energy contracts, regulatory intervention, as well as construction material & equipment sourcing. From 1998 to 2015, Denis served as Kroger's corporate manager – energy with responsibilities that included energy efficiency initiatives, carbon footprint calculations, mechanical system design, and Energy Star program compliance. During this time, Kroger has also received numerous national and regional awards for energy efficiency and sustainability, including in 2015 the Energy Star “Partner of the Year” Award, in 2012 the Alliance to Save Energy's top award, the “Galaxy” Star of Energy Efficiency, and an “Award of Excellence” from Platt's Publications. Mr. George has presented before numerous Commissions and Associations, including the Edison Electric Institute, Touchstone Energy Partnership, Green Retail Decisions, and the Critical Consumer Issues Forum. Mr. George received a Juris Doctor Degree in 1985 from The University of Cincinnati College of Law and a Bachelor of Arts degree in Economics/Business Administration, cum laude, from Wittenberg University in 1980. Denis and his wife, Alice Sutherland George, live in Loveland, Ohio. Connect With Smart Energy Decisions https://smartenergydecisions.com Follow them on Facebook Follow them on Twitter Follow them on LinkedIn Subscribe to Smart Energy Voices If you're interested in participating in the next Smart Energy Decision Event, visit smartenergydecisions.com or email our Event Operations Director, Lisa Carroll at lisa@smartenergydecisions.com
As we enter 2022, sustainability in the food industry is a huge hot topic. This week on Beyond the Shelf we spoke with Kathryn Bernell, the CEO & Founder of reHarvest Provisions. Kathryn shared her journey to create a line of smoothie pops made from whole fruits and veggies that would otherwise be considered "waste". She gave us some valuable insights into how much waste is created by the food industry, and how organizations such as The Kroger Co. Zero Hunger | Zero Waste Foundation are to improve sustainability in the food industryTo stay up to date on all new episodes, subscribe to Beyond the Shelf on Spotify, Apple Podcasts, Stitcher, and iHeartRadio – and don't forget to leave us a review on Apple Podcasts.
Abstract: “As things are changing in the world in which we live, they are changing in the boardroom as well. If you are going to be successful as a company or board, the culture plays such a mission critical role in that for the long term.” - Pat Condon Audit committees play a central role in ensuring the financial integrity of public companies and consequently serve as a backbone for overall board governance. They also provide a great deal of the oversight for boards on issues like corruption, fraud, and cybersecurity. But how do audit committees impact the culture, ethics, and compliance of major companies? In this episode of the Principled Podcast, host David Greenberg explores this question with Pat Condon, Audit Committee Chair and board director of Entergy Corporation. Listen in as the two discuss the various priorities of board committees and how they help shape a board's impact on corporate culture. What you'll learn on this episode: [2:40] The overall architecture and role of audit committees. [4:30] How the roles of the audit community have evolved during Pat's time in the field. [5:20] How corporate culture informs Pat's decisions as a board member and audit chair. [8:05] Advice for ethics and compliance officers to build a stronger relationship with the audit community. [11:32] Can audit communities pay enough attention to corporate ethics and compliance discussions? [16:39] How can culture be measured? [20:00] The evolving expectations of stakeholders of major companies. [22:15] What do boards need to change to keep up with evolving expectations? Featured guest: Pat Condon joined Deloitte & Touche LLP as a partner in 2002, where he provided various consulting and attest services to clients and held a number of regional and national leadership positions until his retirement in 2011. Prior to joining Deloitte & Touche LLP, he was a partner at Arthur Andersen LLP where he provided similar services to clients and held similar leadership positions. In addition to serving on the board of directors and chairing the audit committee of Entergy Corporation, a Louisiana-based integrated energy company, Pat also serves on the boards of Urban Gateways, a Chicago-based 501(c)(3) organization whose mission is to educate and inspire young people by delivering high-quality, accessible arts experiences that advance their personal and academic growth; and the Brother Rice High School Foundation, also a Chicago-based 501(c)(3) organization. From May 2012 until its December 2015 sale to The Kroger Co., he also served as an independent director and chair of the audit committee of Roundy's, Inc., a leading Midwest grocery company located in Milwaukee, Wisconsin. And from March 2012 to May 2017 he served on the board pf directors and chaired the audit committee of Cloud Peak Energy, a Wyoming-based coal producer. Featured Host: David Greenberg serves as Chair of the Governance and Risk Assessment Committee and a member of the Audit Committee of International Seaways (NYSE: INSW), one of the largest global crude oil and petroleum tanker companies. Mr. Greenberg's previous board experience (2006 to 2016) was as the independent director – and member of both the Audit and Compensation Committees --of APCO Worldwide, a private communications and government affairs consultancy and as a director (2013 to 2016) of Clean Tech Group, which creates opportunities for industrial companies to invest in innovative, clean technology. He also served for 5 years as Chairman of the Board of Trustees of The Keystone Center, a Colorado non-profit that brings together oil, chemical and pharmaceutical companies with leading NGOs to find solutions to complex public policy challenges at the federal and state levels. Greenberg is currently Managing Director of Cortina Partners LLC, a private equity firm that owns companies in the air medical, addiction treatment, bedding, textile and outdoor recreation industries and is CEO of Acqua Recovery, a residential drug and alcohol addiction center. He also advises boards and executive teams on strategy, compliance, leadership and culture as a Special Advisor for LRN Corporation, and from 2008 through the end of 2016 was a member of LRN's Executive Committee. For 20 years prior to 2008, Mr. Greenberg served in various senior positions overseeing government affairs, corporate affairs, communications and strategy at Altria Group, Inc. – then the parent company of Philip Morris USA, Philip Morris International, Kraft Foods and Miller Brewing – culminating in his role as Senior Vice President, Chief Compliance Officer and a member of the Executive Committee. As one of five senior vice presidents of the corporation, he served on the Management Committee, which oversaw all strategy and company operations. He was also a principal architect of the company's very successful efforts to end the ‘tobacco wars' which threatened the company's very existence. Earlier in his career, Mr. Greenberg was a partner in the Washington D.C. law firm of Arnold & Porter and also served as Legislative Director and General Counsel of the Consumer Federation of America. He attended Williams College and has JD/MBA degrees from the University of Chicago. Greenberg has testified before the U.S. Congress, the European Union, the Israeli Knesset and other governmental bodies over two dozen times and has appeared on ABC Nightline, the CBS Morning News, BBC Morning, and the PBS News Hour, and has spoken at leading events for CEOs and boards. Transcript: Intro: Welcome to The Principled Podcast, brought to you by LRN. The Principled Podcast brings together the collective wisdom on ethics, business and compliance, transformative stories of leadership and inspiring workplace culture. Listen in to discover valuable strategies from our community of business leaders and workplace change makers. David Greenberg: Audit committees play a central role in ensuring the financial integrity of public companies, and consequently serve as a backbone of overall board governance. They also provide a great deal of the oversight for boards on issues like corruption, fraud, and cybersecurity. But how do audit committees impact the culture, ethics, and compliance of major companies? Hello, and welcome to another episode of The Principled Podcast. I'm your host, David Greenberg, LRN's former CEO and now special advisor. I also serve as a board member, governance committee chair, and sit on the audit committee of International Seaways, one of the largest global oil tanker companies. Today, I'm joined by Pat Condon, audit committee chair and board director of Entergy Corporation, an integrated energy and utility company serving millions of customers in Arkansas, Louisiana, Mississippi, and Texas. We're going to be talking about the various issues and priorities of board committees and how they help shape a board's impact on corporate culture. Pat is a real expert in this space, having served as a director and audit committee chair for both Roundy's, a leading grocery company, and Cloud Peak Energy, a major U.S. coal producer. A former Big Four accounting partner, Pat has also served on the boards of 501(c)(3) organizations such as Urban Gateways and the Brother Rice High School Foundation. Pat, thanks for coming on The Principled Podcast. Pat Condon: David, I'm happy to be here. As you and I have talked, the role of the audit committee has certainly evolved over the years. I go back long enough that when the audit committees first started, the role was a very narrow one. And we're here to talk about some of the nuances that have evolved over the years, so I'm happy to be here. David Greenberg: That's great. And before we dive in too deep, let's just set the stage. Why don't you describe, based on your experience, the overall architecture of what audit committees do and the role that they play? Pat Condon: Well, the role is oversight of financial reporting and the related internal controls behind all of that, the review of filings, earning releases, et cetera. A major role that's evolved is risk oversight, and we have oversight of the independent auditor. Ethics and compliance taking on a greater role than it probably had years and years ago. Oversight of internal audit, a mission critical role. Interactions with the other committees of the board, as well as the management of the company. And some of the committees these days, there are overlaps and responsibilities, and so that's an important part of the job. And then any kind of external communications that we might do, which is typically in filings with the SEC or otherwise. All of that, by the way, and we're here to talk about culture. And all of that plays a role in company culture, as you can well imagine. Just a simple thing like internal controls, well, culturally is the company weak or strong? So it's a mission critical role, is the assessment of company culture as it relates to these and many other things. David Greenberg: Pat, how have you seen the role of the audit committee and the chair change over the time you've been doing that kind of job? Pat Condon: As I said, it's become much broader in scope than it was originally, and it's also much more overt, in a sense, with things like organizational health. When we look at ethics and compliance, for one. We look at organizational health, workplace violence, employee relations. And you get down to things like what's happening as a result of changes in the workplace? Which there have been over the last two years, as we all know, very significant changes. David Greenberg: You've mentioned culture and ethics a couple times. You and I were both participants in the recent Tapestry-LRN Summits on ethics and culture. Tell us how you think about corporate culture and how that informs what you do as a board member and audit chair? Pat Condon: I think it's a critical role of every board member to do his or her assessment of company culture. Not only while you're a board member, but you think about going onto a board, I think an important part of your deliberations is what does the culture feel like? But to me, it's a very mission critical part of a company's existence. Things like the new workplaces they talk about at the future of work, for example, they are part of an evolving culture which I think we all have to pay pretty close attention to. And while that was changing some over time, I think the pandemic has accelerated the change. We can certainly see that in who's in the office when and who's doing what and how. Introduction of robotics and other things into the workplace, really changing... They call that the future of work, but it's pretty real and it's happening now. David Greenberg: Would you say that from when you started as a board member until now, we've moved to a point where there are more discussions about culture, ethics, and the outside world, than when you began? Pat Condon: I think we talked about it when I began. And again, I spent a lot of time in boardrooms back in my old profession as well, so I can include that. But the volume is much louder now than it was before. There are any number of reasons for that, but you can see it in society as well. And most companies, they do reflect society. To be successful, you better reflect society. And so as things are changing in the world in which we live, they're changing in the boardroom as well. Again, you come back to if you're going to be successful as a company, as a board, et cetera, et cetera, the culture plays such a mission critical role in that for the long term. You can be short term successful with what I'd call less desirable culture, but I don't think you'll last long. David Greenberg: So one of the biggest parts of our audience for this podcast are chief ethics and compliance officers and their teams. As an audit chair, what's your advice to them on how best to build a strong relationship with the audit committee and its chair? Pat Condon: Relate. So, I'm not a shy, retiring wallflower, nor or I think most of... So the key is to talk. And maybe it's me, but... And of course in my capacity, I need to avoid being management. On the other hand, healthy discussions with the officers, including the chief compliance officer, I'm pretty frequent in that. And again, I come back to this two dimensional world we're living in right now. It's much tougher to make some assessments, and therefore my conversations have probably picked up the pace a little bit because of the lack of face-to-face time that we could spend together. Whether it's over dinner or lunch or anything, those are times when you can get a good three dimensional judgment of character, culture, et cetera. David Greenberg: When you think about the chief ethics and compliance officers you've worked with, how's the board view them? Do they have the status of other senior officers, or more importantly, do they have the status they need to be effective? Pat Condon: I can't speak for the world, but I can tell you that my experience right now is yes, without question. The relationship to the C-suite... In fact, sitting in the C-suite is probably a good way to put it. And then the board is very, very, very, very interested in what they report out. And whether it's the results of employee health surveys or anything else, they all play a role in that. And so I would say that... Well, certainly every one of our board meetings, we get a report, and I will have looked at it closely beforehand, had a discussion about it. David Greenberg: Do you have a relationship with the chief compliance officer in between board meetings and committee meetings? Pat Condon: Probably not as much as the internal auditor, but yes, I am not afraid to pick up the phone, and I've certainly told her that if she has any reason whatsoever to call me, to pick up the phone. So it's a good relationship, and I think it needs to be. I mean, it needs be a crystal clear two-way street. David Greenberg: Do you see, for example, good level of cooperation between say internal audit and ethics and compliance, or can you tell from where you sit? Pat Condon: Yes, absolutely. I mean, I think it's, where necessary, there's parts where the roles overlap and become... Collaborative is the wrong way to put it, but each has a role to play. So at least in what I'm observing, yes, there's a relationship and it's a strong one, as well as with the other members of the C-suite. David Greenberg: So, Pat here's what I think is one of the tougher questions for audit chairs and audit committee members. I sit on the audit committee at International Seaways, and the agendas are just crushing in terms of absolutely mandatory, legally required things that have to be done. So my question is can audit committees pay enough attention to corporate ethics, culture, and compliance? And if your experience with that says the answer is yes, talk a little bit about how you've accomplished that. Pat Condon: Well, I try to leverage as best I can all of those things, so I'm pretty active when it comes to pre-meeting material interactions, but we don't have... The agendas are busy, and especially depending on the time of year. But there's a lot of prep that goes into the meeting on both sides, and optimizing the prep certainly helps, as well as making the reports tell the story they need to tell, but do it in a succinct way. And that frankly, is evolving. Whether you're dealing with ERM or compliance, the nature of the way the reporting is going is I would say evolutionary and probably always will be. But the nature of, for example, corporate risk has become much more sophisticated. Part of it's technology, part of it's the work. So you know as well as I and pretty much any other director, how much more education we do these days than we did maybe before. But it's incumbent upon the director, in my view, to keep himself or herself current when it comes to rules, regulations, and the state of the art as it relates to all of those roles. David Greenberg: You said that the reporting in this area and other areas is evolving. Are you feeling like it's becoming more strategic in nature and the board members are getting a deeper sense of what's going on, or not? Pat Condon: I believe so. And again, I think the fact that we all... There aren't many shy, retiring wallflowers at the board level, and so where anybody feels... Sometimes the board, somebody will call me directly and ask about things. But I think everybody's invited to weigh in on the nature of the reporting that's done. And the questions, you can tell by the questions, that the interest level is high in this area. David Greenberg: One of the series of letters that I hear from almost every board member I talk to is are the leters ESG? So how is your board dealing with ESG? Is it an audit committee matter, a full board matter, someplace else? Pat Condon: E, all the above. And from things like... Just take an example: what's reported in the 10K. Typically, that would not have fallen anywhere in the... So sorting out who's going to review it. What, for example, the external auditor might do with some of that. Because the nature of a lot of that reporting is it's things that weren't there before, so all of a sudden it was how do we know that what's going in there is correct? Who's looking at it? So we know that's been parsed out and that it's being done. But part of it is... I come back to what does your company believe its mandate is? So for utilities right now, all of that stuff is incredibly relevant. So whether it's how are we producing every kilowatt hour, whether it's interactions with the regulators, whether it's what's the nature of our workforce, what's the composition? How is it by level of the organization? I mean, we do look at every one of those things. And so I think that at least the companies with which I'm familiar, they had all... Before it became a public mandate, it was evolving in the boardroom anyway. David Greenberg: So you and I have been involved in a bunch of conversations about corporate culture, and particularly how hard it is for boards to get a feel for it and how hard it is for companies to have good measurement and metrics. What's your view on how boards can play a role to focus management's attention on this so that when we talk about culture, we're not just guessing at it, but we have have some measures that can be tracked and management can influence them over time in the right direction? Pat Condon: I think when it comes to the measures, we are at an evolutionary point, because they've been squishy at best historically. I do think that more and more companies are having independent reviews of their culture. Having said that, there's so many different aspects to it. Again, I come back to as a board member, I would take every opportunity I had to, whether it was a corporate lunch, a dinner, and thank goodness the companies with which I've been involved would invite folks who were not part of the C-suite. And in addition to the social part of it, I would do my best to ask and gauge the responses about are we culturally directionally correct? Whether it's safety, employee relations, any number of things that embody culture, that was my way of assessing it. I don't think the metrics are... How would I put this? We have generally accepted accounting principles. I don't think there are any generally accepted ethics principles that you can say that you would... On the other hand, there are companies who do go in and make those cultural assessments. So I think it's evolutionary. I think all you can do is make sure that... And you can listen to the management team and draw your own conclusions about whether culture's important in the C-suite. In my case, fortunately it is, and we do frequently have conversations about culture itself. But you get into things like... And you know this as well as I. When you got a lot of contractors, you can set the ground rules, but they better be reflective of your culture, and you better be prepared to impose disciplines when things evolve in a way other than you would like them to. And most companies do use a lot of contractors, but they can influence culture if you're not careful. And if it's positive, it's great. If it's negative, that's something you really need to look for. David Greenberg: So stepping back a bit and reflecting, how do you see the evolving expectations of stakeholders as it relates to major companies, and what's that mean for boards? Pat Condon: The question is, the first thing is, who are your stakeholders? And I think that's also in an evolution, because corporations are more and more considered, I'll call them citizens, than they might have been before. And so I think the world of ESG, people who might not hold a share of the company still have a reaction, and they can influence you either in your stores or... On the other hand, if you're a necessity, whether if you're a power company or... The stakeholders, the customer side of it's mission critical. So I think the stakeholder evolution, if I can put it that way, is healthy for society, but it's imposing burdens we haven't experienced before. But having said that, I am watching mostly positive reactions to that. Now, it doesn't mean that everybody who says something about your company is going to portray their perspective. They're not necessarily going to be factual in what they have to say. And so there are times when you're out there talking about, maybe indirectly, that message and what's incorrect about it, or just sometimes you got to be direct. How would I put this? Social media's probably created a lot of perspective that didn't exist before, because pretty much anybody can have an expert opinion now, and that's sad, but true. David Greenberg: Yeah. Thinking about all that, what do you think boards need to change to keep up with these evolving expectations? Pat Condon: I think you just got to have your ear to the ground at all times, as well as your hands, and make sure that you're in sync. I think you can look at other companies and what they're doing. Certainly, you need to be in communication with your stakeholders virtually continuously. And evolve as you need to, because just as human nature has evolved, so has the corporate nature, and it will continue to do so. David Greenberg: Pat, have you seen on your boards pressure, expectation, for the CEOs to take a position on social issues and things going on in the outside world? Pat Condon: I think my experience is maybe a fortunate one, but the answer to that is yes, and I believe it's as it should be. And it can be a real strength to a company where you've got a CEO who's not just aware, but is a believer, if I can put it that way. David Greenberg: So, Pat, any closing thoughts you want to leave with our audience about directors, boards, audit committees, how to work with them? Pat Condon: The world of cyber is not going to go away, and it's something we all need to be tuned into. And you see it every day on the news about invasions of your personal space, but the corporate side, it's no different. ESG, mission critical, and I think we just need look to excel in that area. I forget who it was, eternal vigilance is forever the price of freedom, but eternal vigilance is something that you just got to be tuned in. I think the future of work, and we didn't talk about the intergenerational differences as it comes to that, but those are all things that are very, very relevant. And there's lots of things published on it. There's lots of things you can attend on it. But I do think it's something you need to tune into, because the pandemic and the change in the workplace environment, and I continue to add in the introduction, almost the virtual concurrent introduction of robotics in certain parts of the business are really going to change the future of work in a way that we need to stay close to. David Greenberg: Well, I think that's a great place to wrap up for now. Pat, it's been really great having you on the podcast. We thank you and hope you'll come back again, because you certainly outlined a number of issues that are worth talking about. Pat Condon: I'm happy to, and I have to say I enjoyed preparing for this with you, so look forward to doing it again. David Greenberg: That's a wrap. Outro: We hope you enjoyed this episode. The Principled Podcast is brought to you by LRN. At LRN, our mission is to inspire principled performance in global organizations by helping them foster winning ethical cultures, rooted and sustainable values. Please visit us at lrn.com to learn more. And if you enjoyed this episode, subscribe to our podcast on Apple Podcasts, Stitcher, Google Podcasts, or wherever you listen. And don't forget to leave us a review.
Coming up in this week's episode: Brittany Ferries data breach, Google UK Supreme Court ruling, Whatsapp given right to appeal, Homeworking increases GDPR breaches, Cronofy opens Netherlands office to comply with EU GDPR, RobinHood data breach, Premier Property Lawyers data breach halts conveyancing, All party group calls for better protection for workers affected by AI, Tech Etch data breach, Durham TTS data breach, CCPA extra-territorial scope, Court rules against Kroger Co after a data breach, City of Titusville, Florida data breach Edmonton man arrested following a data breach, Costco credit card data breach
Another round of fresh record closing highs for all three benchmark US equity indices amid better-than-expected earnings reports ahead of a Federal Reserve policy statement tomorrow morning AEST - Dow up +139-points or +0.39% at 36,052.63, settling above 36,000 for the first time. It was 71 trading days since the Dow last cleared a 1,000-point milestone, marking the longest stretch between milestones since the stretch of 218 trading days between the Dow's move between 29,000 and 30,000 completed in November of last year, according to Dow Jones Market Data. The close above 36,000 marks the Dow's sixth 1,000-point milestone of 2021, the most ever seen in a single year. Salesforce.com Inc. (up +0.06%) has been the biggest contributor to the Dow's rise since 35,000, while Visa Inc (down-1.56%) has been the biggest drag. The broader S&P500 rose +0.37% to 4,630.65. Materials (up +1.10%) led nine of the eleven primary sectors higher, with Energy (down -1.01%) and Consumer Discretionary (-0.62%) the only primary sectors to close in the red. Telsa Inc fell -3.03% after Chief Executive Officer (CEO) Elon Musk questioned the factors driving the recent rally for the electric vehicle maker that has seen the company's market capitalisation surge past US$1 trillion in market capitalisation since an announcement on 25 October that Hertz Global Holdings Inc (up +2.66%) will by 100K Model 3 vehicles. Mr Musk tweeted ““If any of this is based on Hertz, I'd like to emphasise that no contract has been signed yet,” adding “Tesla has far more demand than production, therefore we will only sell cars to Hertz for the same margin as to consumers.” Separately, Tesla is recalling about 11,700 2017 to 2021 Model S, Model 3 and Model X vehicles, and 2020 to 2021 Model Y vehicles, because a communication error with the software may cause unexpected activation of the emergency brake system, according to a notice filed with the National Highway Traffic Safety Administration. The technology-centric Nasdaq added +0.34%. Nikkei reported that Apple Inc (up +0.71%) has cut back production of iPad tablets to allocate more components to the iPhone 13 amid signs that the global chip supply crunch may be hitting the company harder than previously indicated. Chipmaker Nvidia Corp rose +2.22% to usurp Warren Buffet's investment vehicle Berkshire Hathaway Inc (up 0.59%) as the seventh largest US company by market capitalisation (with its market cap rising to ~US$660B). Nvidia has gained almost US$530B in market value off its pandemic low set 16 March, 2020, according to Dow Jones Market Data. It marked the first time since December 2019 that all three benchmark indices logged record closing highs for three straight sessions, according to Dow Jones Market Data. The small capitalisation Russell 2000 edged +0.16% higher to an all time high of 2,361.86. Bed Bath & Beyond Inc skyrocketed over >75% in the extended session after the retailer announced a partnership to have some of its “most sought-after” baby and home items available at Kroger Co.'s (+0.62%) stores and on-line and said it was ahead of its share buyback schedule.
Another round of fresh record closing highs for all three benchmark US equity indices amid better-than-expected earnings reports ahead of a Federal Reserve policy statement tomorrow morning AEST - Dow up +139-points or +0.39% at 36,052.63, settling above 36,000 for the first time. It was 71 trading days since the Dow last cleared a 1,000-point milestone, marking the longest stretch between milestones since the stretch of 218 trading days between the Dow's move between 29,000 and 30,000 completed in November of last year, according to Dow Jones Market Data. The close above 36,000 marks the Dow's sixth 1,000-point milestone of 2021, the most ever seen in a single year. Salesforce.com Inc. (up +0.06%) has been the biggest contributor to the Dow's rise since 35,000, while Visa Inc (down-1.56%) has been the biggest drag. The broader S&P500 rose +0.37% to 4,630.65. Materials (up +1.10%) led nine of the eleven primary sectors higher, with Energy (down -1.01%) and Consumer Discretionary (-0.62%) the only primary sectors to close in the red. Telsa Inc fell -3.03% after Chief Executive Officer (CEO) Elon Musk questioned the factors driving the recent rally for the electric vehicle maker that has seen the company's market capitalisation surge past US$1 trillion in market capitalisation since an announcement on 25 October that Hertz Global Holdings Inc (up +2.66%) will by 100K Model 3 vehicles. Mr Musk tweeted ““If any of this is based on Hertz, I'd like to emphasise that no contract has been signed yet,” adding “Tesla has far more demand than production, therefore we will only sell cars to Hertz for the same margin as to consumers.” Separately, Tesla is recalling about 11,700 2017 to 2021 Model S, Model 3 and Model X vehicles, and 2020 to 2021 Model Y vehicles, because a communication error with the software may cause unexpected activation of the emergency brake system, according to a notice filed with the National Highway Traffic Safety Administration. The technology-centric Nasdaq added +0.34%. Nikkei reported that Apple Inc (up +0.71%) has cut back production of iPad tablets to allocate more components to the iPhone 13 amid signs that the global chip supply crunch may be hitting the company harder than previously indicated. Chipmaker Nvidia Corp rose +2.22% to usurp Warren Buffet's investment vehicle Berkshire Hathaway Inc (up 0.59%) as the seventh largest US company by market capitalisation (with its market cap rising to ~US$660B). Nvidia has gained almost US$530B in market value off its pandemic low set 16 March, 2020, according to Dow Jones Market Data. It marked the first time since December 2019 that all three benchmark indices logged record closing highs for three straight sessions, according to Dow Jones Market Data. The small capitalisation Russell 2000 edged +0.16% higher to an all time high of 2,361.86. Bed Bath & Beyond Inc skyrocketed over >75% in the extended session after the retailer announced a partnership to have some of its “most sought-after” baby and home items available at Kroger Co.'s (+0.62%) stores and on-line and said it was ahead of its share buyback schedule.
This week on Sustainability Now!, your host, Justin Mog summits the peaks of sustainability with Julie Donna and Tiffany Broyles Yost from the Louisville Sustainability Council. Julie and Tiffany are co-organizers of the 8th Annual Louisville Sustainability Summit on the theme of “Powering the Movement: Building Community to Fight Climate Change” coming up on Wednesday, November 10th from 1-4pm online. Listen in and discover who is the Louisville Sustainability Council (now in its 11th year), and what's in store for the 2021 Annual Sustainability Summit exploring the intersections between climate change, social equity, and community resilience. Join us to discuss climate justice, advocacy, and community building to discover your role in creating meaningful change. Highlights include: * Keynote – Jasmine Crowe of Goodr * Local Panel: Connecting Louisville Communities for Climate Action - Moderated by Emmy award-winning journalist and news anchor Jean West, this panel features Eboni Cochran, West End Air Quality; Mellone Long, Exec. Director, Center for Neighborhoods; and Shauntrice Martin, Kentuckians for the Commonwealth. * Regional Panel: Linking Businesses and Communities to Accelerate Impact - Katie Hunt-More, Managing Director, NationSwell; Scott Koloms, Founder, Canopy KY; and Lisa Zwack, Head of Sustainability, The Kroger Co. * After Party at Logan Street Market * A raffle for 3 great Local Louisville baskets We also chat about exciting things to come from the LSC during the rest of they year, including the 2021 cycle of the microgrant program which will be opening soon and it will be bigger and more inclusive to sustainable projects than ever before! Last year, the Council awarded 4 microgrants totaling $5,000 to: The Muse Farm – Black Market KY, The Garden Project - Field Elementary School, Energy Conservation Outreach Program - KY Interfaith Power and Light, and Jefferson Memorial Forest Electric Vehicle Charging Station. Learn more at: https://www.louisvillesustainabilitycouncil.org https://www.facebook.com/louisvillesustainabilitycouncil As always, our feature is followed by your community action calendar for the week, so get your calendars out and get ready to take action for sustainability NOW! Sustainability Now! airs on Forward Radio, 106.5fm, WFMP-LP Louisville, every Monday at 6pm and repeats Tuesdays at 12am and 10am. Find us at http://forwardradio.org The music in this podcast is courtesy of the local band Appalatin and is used by permission. Explore their delightful music at http://appalatin.com
Bushman leads into Talk of the Town talking to Veronica Lee, Director, Enterprise Account Management (supporting The Kroger Co. Zero Hunger | Zero Waste Foundation sponsorship of the Sustainability Foundations course across Michigan). Then Frankie Darcell talks with Andre Ash about the Detroit Recovery Project.
In this special episode we meet the founders from two more companies in the 2021 Innovation Fund Cohort, Sue Marshall founder and CEO of NETZRO, (starts at 03:33), and Anna Hammond founder and CEO of Matriark Foods (starts at 20:22). In spring of 2021, The Kroger Co. Zero Hunger | Zero Waste Foundation collaborated with Village Capital to help source, understand and unlock capital to support innovative solutions that prevent, recover and recycle food waste. They encouraged applications from innovators building high-growth, scalable solutions focused on the following challenge: “We seek to reshape the food system by supporting innovators who are elevating food to its highest use and disrupting the linear supply chain. This could include solutions such as imperfect produce lines, upcycled foods & meal kits, upcycled commercial ingredients and more.” With nearly 150 companies applying, 10 were selection for the 2021 Innovation Fund cohort. Meet the companies in the 2021 Innovation Fund Cohort: Agua Bonita Grain4Grain Husky Beverages Journey Foods Matriark Foods NETZRO reBLEND Renewal Mill Take Two The Spare Food Co. Visit www.toogoodtowastepodcast.com for all episodes and to learn more about the Too good To waste podcast series. Follow us on Instagram @toogoodtowaste_podcast Thanks to our sponsors: NETZRO, SBC - www.netzro.us Upcycled Food Association - www.upcycledfood.org Produced by Hi-Fly'n Productions www.hiflyn.com Producer | Host: Kevin May Associate Producer | Ashley Brown Creative Development | Sue Marshall What's UP Co-Host | Rochelle Still Contact us at kevin@toogoodtowastepodcast.com --- Send in a voice message: https://anchor.fm/toogoodtowaste/message
Carolyn Everson had an eventful first couple of weeks as Instacart’s new president. Her first week included a major launch with The Kroger Co., called Kroger Delivery Now, described as a “virtual convenience store” offering 30-minute delivery. Instacart also unveiled the Convenience Hub, a new product experience on the Instacart Marketplace, and introduced 24/7 delivery for convenience shopping at selected retailers. That was followed the next week with the release of an economic impact study showing how Instacart has been a major job and revenue generator for the grocery retail industry since the online delivery giant began operations in 2013. From the start of 2013 through the second quarter of 2020, Instacart created about 186,000 jobs in the U.S. grocery industry and boosted total grocery revenue by $6.4 billion. That includes 70% of net grocery job creation from Instacart’s launch to the end of 2019 and 92% of new grocery job creation during the early months of the COVID-19 pandemic in the first half of 2020. “I am thrilled to be at Instacart. I think it is a one-in-a-million type of opportunity in terms of companies out there. Instacart is making a huge difference in innovation when it comes to how people are connecting with food,” Everson told Supermarket News in a podcast interview. “We all know that COVID-19 accelerated people’s awareness and interest in having their groceries and goods delivered to their home,” she explained. “And we believe that Instacart is perfectly positioned to enable retailers to really better serve their customers through online and digital transformation.” Everson started as Instacart’s president on Sept. 7, coming to the San Francisco-based company after more than 10 years at Facebook, most recently as vice president of global marketing solutions. Her career also includes roles as corporate vice president of global advertising sales and trade marketing at Microsoft and, prior to that, as chief operating officer of Viacom’s MTV Networks. At Instacart, Everson directs the retail, business development and advertising businesses, along with its people, government affairs, legal, partnerships, pickup service and care teams. She reports directly to CEO Fidji Simo, another former Facebook executive, who took the helm just over a month earlier, succeeding Instacart founder Apoorva Mehta. Currently, Instacart partners with more than 600 national, regional and local retailers and delivers from almost 55,000 stores in over 5,500 cities in the United States and Canada. The company’s delivery service is accessible to more than 85% of U.S. households and 80% of Canadian households. “As I look ahead at the opportunity — and one of the reasons why I chose to join Instacart — grocery is a $1.3 trillion industry in North America, but only 8% is purchased online today. That 8% is substantially less than other categories, and we expect that to grow to about 25% to 30% in the next five to 10 years,” Everson said. “So I ultimately decided to join Instacart because of a massive opportunity in the category, but also what really gets me out of bed in the morning is helping companies grow. There’s nothing more important than the local grocery business in each of our
In this special we meet the founders from two more companies in the 2021 Innovation Fund Cohort, Riana Lynn founder of Journey Foods, (starts at 03:28), and Adam Kaye and Jeremy Kaye co-founders of The Spare Food Co. (starts at 26:18). In spring of 2021, The Kroger Co. Zero Hunger | Zero Waste Foundation collaborated with Village Capital to help source, understand and unlock capital to support innovative solutions that prevent, recover and recycle food waste. They encouraged applications from innovators building high-growth, scalable solutions focused on the following challenge: “We seek to reshape the food system by supporting innovators who are elevating food to its highest use and disrupting the linear supply chain. This could include solutions such as imperfect produce lines, upcycled foods & meal kits, upcycled commercial ingredients and more.” With nearly 150 companies applying, 10 were selection for the 2021 Innovation Fund cohort. Meet the companies in the 2021 Innovation Fund Cohort: Agua Bonita Grain4Grain Husky Beverages Journey Foods Matriark Foods NETZRO reBLEND Renewal Mill Take Two The Spare Food Co. Visit www.toogoodtowastepodcast.com for all episodes and to learn more about the Too good To waste podcast series. Follow us on Instagram @toogoodtowaste_podcast Thanks to our sponsors: NETZRO, SBC - www.netzro.us Upcycled Food Association - www.upcycledfood.org Produced by Hi-Fly'n Productions www.hiflyn.com Producer | Host: Kevin May Associate Producer | Ashley Brown Creative Development | Sue Marshall What's UP Co-Host | Rochelle Still Contact us at kevin@toogoodtowastepodcast.com --- Send in a voice message: https://anchor.fm/toogoodtowaste/message
The Kroger Co. is getting a little more competition in Louisville with Publix entering the market. Louisville Business First reported that the Florida-based grocery store chain is moving into East Louisville earlier this week. LBF reporter Ellie Tolbert joins the Access Louisville podcast to talk about where exactly the store is going and who is bringing it to town.She also tells us about breakfast chain First Watch's plan to open another location in Louisville. These two news items get us going on a big food tangent. (Sigh. Typical.)After that, reporter Haley Cawthon tells us about a new product covering Kentucky's startup and technology scene: KY Inno. It's a new platform from Louisville Business First, which she is overseeing. And lastly, we chat about the 20th anniversary of Sept. 11, including some stories from Louisville area executives who were close to the attacks. Access Louisville is a weekly podcast from Louisville Business First. It's available on most popular podcast services.
There are almost 2800 Kroger Co grocery stores in the United States. That's more stores from one grocery chain than all the SiteOnes, Ewings, and Horizons combined. Safeway has another 1,300 locations, and Whole Foods has 500 nationwide. That is a total of 4,600 store locations just from those three. There are more than 18,000 grocery stores in the nation. This compares to 2,300 Home Depots and 2,200 Lowes. There were 16 million new gardeners in 2020. Every one of them goes to the grocery store, probably more than once a week. Grocery stores are looking to cash in on the gardening explosion by expanding their floral departments to include items like tools, seeds, plants, and yes, even irrigation equipment. Imagine shopper's excitement when they see they can purchase a garden irrigation kit with their basil plants. This week will welcome Chris Sabbarese, Digital Marketing, and Communications for Corona Tools, to detail this emerging trend impacting the irrigation, gardening, and distribution markets we live and work in every day. In this session, you will learn: What we're seeing at the retail garden centers, 16M new gardeners in 2020 How new homeowners working from home caused a housing boom, with people moving to larger homes with more property. What that customer looks like, how they shop, and how they engage in gardening activity. POS seasonal displays for hard goods – customized displays that drive incremental sales (such as tools) for both live plants and cut flowers How to utilize QR codes in a post-Covid world (will have examples) How garden influencers create promotions to drive in-store purchases with addressable online ads that track sales to the store or online/ eCommerce We look forward to seeing you on Friday. Special Guest: Chris Sabbarese.
In this special Innovation Fund episode Part 2, we meet the Founders from three more of the companies in the 2021 cohort, Kathryn Burnell Founder of reBLEND (starts at 03:35) Matt Olsofsky Co-Founder of Take Two Foods (starts at 23:39), and Claire Schlemme and Caroline Cotto Co-Founders of Renewal Mill. (starts at 44:53) In spring of 2021, The Kroger Co. Zero Hunger | Zero Waste Foundation collaborated with Village Capital to help source, understand and unlock capital to support innovative solutions that prevent, recover and recycle food waste. They encouraged applications from innovators building high-growth, scalable solutions focused on the following challenge: “We seek to reshape the food system by supporting innovators who are elevating food to its highest use and disrupting the linear supply chain. This could include solutions such as imperfect produce lines, upcycled foods & meal kits, upcycled commercial ingredients and more.” With nearly 150 companies applying, 10 were selection for the 2021 Innovation Fund cohort. Over the next few episodes we will be introducing you to all of the companies in the 2021 cohort. Meet the companies in the 2021 Innovation Fund Cohort: Agua Bonita Grain4Grain Husky Beverages Journey Foods Matriark Foods NETZRO reBLEND Renewal Mill Take Two The Spare Food Co. Visit www.toogoodtowastepodcast.com for all episodes and to learn more about the Too good To waste podcast series. Follow us on Instagram @toogoodtowaste_podcast Thanks to our sponsors: NETZRO, SBC - www.netzro.us Upcycled Food Association - www.upcycledfood.org Produced by Hi-Fly'n Productions www.hiflyn.com Producer | Host: Kevin May Associate Producer | Ashley Brown Creative Development | Sue Marshall What's UP Co-Host | Rochelle Still Contact us at kevin@toogoodtowastepodcast.com --- Send in a voice message: https://anchor.fm/toogoodtowaste/message
In this special Innovation Fund episode we meet the founders from three of the companies in the 2021 cohort, Yoni Medhin co-founder of Grain4Grain, Kayla Casteñda and Erin Pontell with Agua Bonita, and Crawford Hawkins with Husky Beverages. In spring of 2021, The Kroger Co. Zero Hunger | Zero Waste Foundation collaborated with Village Capital to help source, understand and unlock capital to support innovative solutions that prevent, recover and recycle food waste. They encouraged applications from innovators building high-growth, scalable solutions focused on the following challenge: “We seek to reshape the food system by supporting innovators who are elevating food to its highest use and disrupting the linear supply chain. This could include solutions such as imperfect produce lines, upcycled foods & meal kits, upcycled commercial ingredients and more.” With nearly 150 companies applying, 10 were selection for the 2021 Innovation Fund cohort. Over the next few episodes we will be introducing you to all of the companies in the 2021 cohort. Meet the companies in the 2021 Innovation Fund Cohort: Agua Bonita Grain4Grain Husky Beverages Journey Foods Matriark Foods NETZRO reBLEND Renewal Mill Take Two The Spare Food Co. Visit www.toogoodtowastepodcast.com for all episodes and to learn more about the Too good To waste podcast series. Follow us on Instagram @toogoodtowaste_podcast Thanks to our sponsors: NETZRO, SBC - www.netzro.us Upcycled Food Association - www.upcycledfood.org Produced by Hi-Fly'n Productions www.hiflyn.com Producer | Host: Kevin May Associate Producer | Ashley Brown Creative Development | Sue Marshall What's UP Co-Host | Rochelle Still Contact us at kevin@toogoodtowastepodcast.com --- Send in a voice message: https://anchor.fm/toogoodtowaste/message
The egg industry is in transition as the shift to cage-free accelerates. But are egg producers ready for the shift? Director of research Micah Martin, CFA, shares his perspective. As of July 31, 2021, Diamond Hill owned shares of Cal-Maine Foods, Inc. As of May 31, 2021, Diamond Hill owned debt in Kroger Co. (The). The views expressed are those of the speakers as of August 2021 and are subject to change. These opinions are not intended to be a forecast of future events, a guarantee of results, or investment advice. Investing involves risk including the possible loss of principal.
On this episode of The CMO Podcast, Jim Stengel recaps this year's Cannes Lions International Festival of Creativity, with a panel of remarkable guests. This episode was recorded over a Zoom session organized by VaynerMedia with roughly 150 marketers in attendance. A big thanks to Suzanne Fanning from Wisconson Cheese for sending participants a wonderful cheese spread for this virtual event, and Gary Vaynerchuk for sending a bottle of Empathy Wine to pair with it. First, we hear from Steve Latham, the Head of Talent & Training at Cannes Lions International Festival of Creativity, for an overview of the five-day virtual event. Then, Jim chats about some major takeaways from the event with Pedro Earp from Anheuser-Busch InBev, Hana McTaggart from Loon, Shannon Taylor from Procter & Gamble, Amanda Rassi from The Kroger Co., Garrett McGuire from Merrell and Gary Vaynerchuk from VaynerX and VaynerMedia.If you have any questions or are interested in signing up for the Cannes Lions CMO Accelerator program, please email Steve Latham at stevelatham@canneslions.com.Support our sponsor Deloitte and experience their guidance on resilience for brands in navigating the COVID-19 pandemic. Learn more at Deloitte.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In spring of 2021, The Kroger Co. Zero Hunger | Zero Waste Foundation collaborated with Village Capital to help source, understand and unlock capital to support innovative solutions that prevent, recover and recycle food waste. They encouraged applications from innovators building high-growth, scalable solutions focused on the following challenge: “We seek to reshape the food system by supporting innovators who are elevating food to its highest use and disrupting the linear supply chain. This could include solutions such as imperfect produce lines, upcycled foods & meal kits, upcycled commercial ingredients and more.” With nearly 150 companies applying, 10 were selection for the 2021 Innovation Fund cohort. In this episode we learn more about the vision and mission of The Kroger Co. Zero Hunger | Zero Waste Foundation, and of Village Capital. We talk about the Innovation Fund cohort, what it is, how they are a;; working together on this initiative, and the impact potential from the companies that were selected this year and in the inaugural 2019 cohort. Meet the companies in the 2021 Innovation Fund Cohort: Agua Bonita Grain4Grain Husky Beverages Journey Foods Matriark Foods NETZRO reBLEND Renewal Mill Take Two The Spare Food Co. Visit www.toogoodtowastepodcast.com for all episodes and to learn more about the Too good To waste podcast series. Follow us on Instagram @toogoodtowaste_podcast Thanks to our sponsors: NETZRO, SBC - www.netzro.us Upcycled Food Association - www.upcycledfood.org Produced by Hi-Fly'n Productions www.hiflyn.com Producer | Host: Kevin May Associate Producer | Ashley Brown Creative Development | Sue Marshall What's UP Co-Host | Rochelle Still Contact us at kevin@toogoodtowastepodcast.com --- Send in a voice message: https://anchor.fm/toogoodtowaste/message
This episode offers concise coverage of discussions between executives at FMI Midsummer — a virtual event offering deep exploration across multiple specialties within the food industry. Get detailed insights and takeaways from sessions featuring: • The Kroger Co. SVP and Chief People Officer Tim Massa • Albertsons President & CEO Vivek Sankaran • Nestle USA Chairman and CEO Steve Presley • Martins Supermarkets Former President and CEO Rob Bartels • H-E-B Grocers President Craig Boyan • Ahold Delhaize USA CEO Kevin Holt • FMI President and CEO Leslie G. Sarasin
The Kroger Co. (NYSE: KR) and Drone Express, a division of TELEGRID Technologies, Inc., announced a pilot to offer grocery delivery via autonomous drones. Drone Express technology allows package delivery to the location of a customer's smartphone (not only to a street address). Drone Express has worked with the Federal Aviation Administration (FAA) on the certification process. TELEGRID is currently one of only 10 companies pre-approved by the FAA to achieve airworthiness consideration.Guest: Beth Flippo, CTO TELEGRID/Drone ExpressDrone Express website ➜ http://bit.ly/Droneexpress#Drones #Delivery #Kroger~Drone Grocery Delivery | Drone Express CEO interview~⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺Subscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribeFacebook
Kroger Co Q4 2020 Earnings Call --- Send in a voice message: https://anchor.fm/earningspodcast/message Support this podcast: https://anchor.fm/earningspodcast/support
Conditions worsen inside Penobscot building in downtown Detroit, Kroger Co. offers bonus for employees who get COVID-19 vaccine, boy in critical condition after sled towed by Jeep crashes into car in Rochester Hills, Calvin Johnson elected to Pro Football Hall of Fame, joins rare group of first-ballot WRs.
The Kroger Co., one of the biggest grocery chains in the Midwest is dipping its toe into on-demand delivery and the ghost kitchen craze through a partnership with an Indianapolis-based startup, ClusterTruck. Supermarkets would seem to be logical places to site the kinds of ghost kitchens that have caught investor's eye over the past few […]
Five years into her career as the Director of Nutrition for The Kroger Co. - America's largest grocer - Allison Baker adopted Dottie, a two-year-old toddler from Southern India who was born without her left arm. Through her journey as a mother of a brown-skinned, immigrant, female born with a disability, Allison has come face to face with privilege, challenge, and adversity. She's learned the true meaning of “D&I”, and what it takes to scale that strategy across corporate America. Now, she's committed to helping change the definition of “normal and good” to include every person, of every color, with every ability level.Instagram: @besomebodyblogFacebook: @besomebodyincTwitter: @besomebodyblogFor our full audio and video experience visit Besomebody.com
US equity markets tumbled as investors digested the latest economic projections from the Federal Reserve and the potential for a second wave of coronavirus cases, with the benchmark indices posting their sharpest daily falls since 16 March - Dow plummeted -1,862-points or -6.9%. It was the fourth worst daily points drop for the Dow in history, with the other top three all occurring in March. Boeing Co fell -16.42% after telling its biggest supplier, Spirit AeroSystems Holdings Inc (-15.61%), to freeze a recently restarted production of parts for four 737 MAX and 16 other planes to prevent creating a glut of new jets for airlines adjusting to the slump in demand amid the coronavirus pandemic. The broader S&P500 tumbled -5.89% to book its third consecutive fall of over >1% and first three day losing streak since early March. The index also retreated below its 200-day moving average. It was a broad sell-off, with 504 of the index's 505 constituents closing in the red. Grocery chain Kroger Co (up +0.40%) was the only index member to eke out a gain. Energy (down -9.45%) and Financials (-8.18%) led all eleven primary sectors lower (with all sectors logging falls of over >3.8%). Trading volumes on the S&P 500 were ~28% above the 30-day moving average. Exxon Mobil Corp fell -8.83%, while JPMorgan Chase & Co dropped -8.34%, Wells Fargo -9.83% and Bank of America -10.04%. Airlines (Delta Air Lines down -14.03%, United Airlines -16.11% and American Airlines Group -15.51%) and cruise lines (Carnival Corp down -15.3% and Royal Caribbean Cruises -14.28%) were also under heavy pressure. The technology-centric NASDAQ lost -5.28% a day after posting a record closing high above >10,000. The small capitalisation Russell 2000 index slumped -7.3%. In merger and acquisition (M&A) developments, Grubhub gained +4.64% after the food delivery platform agreed to be acquired by European delivery giant Just Eat Takeaway.com (down -3.07%) in a US$7.3B all-stock deal.
Amanda Rassi is the Vice President of Marketing at The Kroger Co. which is America's largest supermarket by revenue and the second-largest general retailer. Last year, Amanda came on the podcast after just joining the company to discuss their big rebrand—from their updated logo to their new tagline "Fresh for Everyone.” Kroger is now seen as an essential service (instead of just a grocery store) amid COVID-19. In this conversation, Jim asks Amanda what she has learned about marketing and brand building during a pandemic. Amanda also talks about how Kroger is doing their best to make sure that their stores' communities are well-fed and that their workforce stays safe.Lastly, during these challenging times, Amanda explains how Kroger is living up to its brand purpose and how this crisis will shape the future of grocery stores.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Kroger Health, the healthcare arm of America's largest grocery chain (The Kroger Co.), serves more than 14 million people each year across 2,200 pharmacies, 220 clinics, and multiple telehealth solutions. As the country's 5th largest retail healthcare organization, it sits in a space of its own at the intersection of food and medicine. Colleen Lindholz has been passionately guiding the company's work in this area for years. Today, she's taking on COVID-19 while also preparing the company for a world where healthy diet, immunity, and wellness will be more important than ever.Instagram: @besomebodyblogFacebook: @besomebodyincTwitter: @besomebodyblogFor our full audio and video experience visit Besomebody.com
Rodney McMullen Chairman and CEO, The Kroger Co. “We made the decision to share publicly all the work that we were doing internally in case it could be helpful….We're trying to pay it forward just like others paid it forward to us.” When Rodney McMullen took a high school job bagging groceries at his local Kroger, he had no way to know he'd go on to lead the company—now one of America's largest employers. Another surprise in his American Dream story: that his associates would one day be frontline heroes in a global pandemic. And the company itself is playing a hero role. As so many businesses struggle and lay off workers, Kroger's hiring 60,000 new employees. “A lot of those people...come out of the food-service industry, come out of working in small medical professions, or for veterinarians….People that are naturally inclined to serve others. So that's one of the things that's really helped us maintain our values.”
Amanda Rassi is the Vice President of Marketing at The Kroger Co., the largest supermarket chain by revenue in the United States. She began working with the company as the Vice President of Analytics and Primary Research for consumer data company 84.51°, which is a division of The Kroger Co. From there, she became The Kroger Co.'s Head of Brand Building. Earlier this year, she was promoted to the VP of Marketing for the supermarket chain. At the helm of marketing for The Kroger Co. and with her insights on consumer data, Amanda is taking a bold step by rebranding the company. On this episode's release date, The Kroger Co.'s new brand campaign will kick-off. Amanda shares how she decided The Kroger Co. needed a new look and the data that drove this decision.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Legislation to regulate autonomous vehicles got hung up in Congress last year, but that hasn't stopped developers from rolling test vehicles onto the streets. This special episode of Bloomberg Government's “Suspending the Rules” looks at how the industry is evolving without firm federal rules. The episode features Senate Majority Whip John Thune (R-S.D.) and Sen. Gary Peters (D-Mich.), who are looking to restart momentum for an autonomous vehicle bill that stalled in the last Congress, as well as stakeholders from Toyota Motor Corp. and safety advocate groups. It also includes a trip to a pilot project in Houston delivering Kroger Co. groceries in autonomous vehicles. Hosts: Sarah Babbage, Shaun Courtney Supervising Producer: Adam Schank Audio Editor: Nico Anzalotta Executive Producer: Josh Block Contact the BGOV podcast team at BGOVpodcast@bgov.com.
Buckle up for a long episode this time. I promise though you will walk away from this one reflecting on your personal situation and maybe it will help you make some decisions. My guest is Steve Harlamert, at the age of 24, Steve’s father died suddenly, leaving the family business to both Steve and his sister. The business was a grocery supplier and there was no clear roadmap for the company. Steve decided to stick with the business but his sister wanted out. After she left, Steve set about learning everything he could and humbled himself to be mentored by the more experienced people in the business. Steve grew the business successfully and built something he could be proud of. That story is inspirational in itself, but then Steve sold his company to a private equity firm and changed the lives of many of his employees. We discuss the emotional fallout of leaving a company and how Steve has coped with that loss. He also has insight into what his experience has taught him about people, business, and life in general. What you will learn: Inheriting a business at 24 and coping with unexpected death. How Steve moved on even without a roadmap from his father. The lessons he learned from the company’s more established leaders. Why Steve’s sister left the business and the buyout. The common problems within a family business. The employees become family. Steve’s advice about how to avoid building a dictatorship. How to better serve your customer. Why Steve made an acquisition to grow the company. So many executives rush to restructure, that’s a bad idea. How to have diversity in your feedback but still be respectful. Things that CEOs should do. Steve’s tips to success. The ESOP (Employee Stock Option Plan) that changed everything. Mistakes Steve made with his successor. The pros and cons of the ESOP. The 2 ½ years Steve took structuring a private equity deal. His experience with the firm. The hard transition to life after the business. The hurt feelings and reconnections that have made the experience worthwhile for Steve. Takeaways: What do you want? What's important? Is it a combination of money, legacy? What kind of exit will line-up with those wants? Links and Resources: GEXP Collaborative Steve on LinkedIn Steve’s email About Steve: Steve began his career at the age of 18, the second generation to work for the family business, Harlow Marketing, Inc., a food brokerage company that sourced, marketed, and distributed products to The Kroger Co. Shortly after he earned his BA degree in marketing from the University of Dayton, the untimely death of his father resulted in an accelerated learning curve when Steve stepped into leadership, assuming the role of vice president. In 1997 Steve became the president of Harlow Marketing, where he began to oversee all operations of the company. On the company’s 25th anniversary, Steve purchased HRK Sales & Marketing, Inc., which led to a merger of the two businesses, re-named Harlow-HRK Sales & Marketing, Inc. Under Steve’s leadership, the company grew from 60 employees to over 300 employees in 24 states. Steve sold the company in 2014 to his employees via an E
This week on The Little Radio Show we talk with Kristal Howard from The Kroger Co. about how our favorite grocery store prepares for big holidays, like Thanksgiving, and about some of the innovations they've put into place recently. And in this week's PSA soapbox, Sandra reminds everyone to get more sleep, talking about some of the ways lack of sleep impacts your health, your productivity and your life. “The Little Radio Show” is on HMSNetRadio.org on Thursdays at 2 pm (CST). The show hosts are Sandra Fernandez (@sandrasays), Juan Alanis (@juanofwords), and Anjelica Cazares (@la_anjel). Subscribe to the Podcast via (RSS), on the iTunes channel or on our Stitcher channel, and keep up with new episodes. Subscribe to the Blog and keep up with new posts. The show's website can be found at thelittleradioshow.com.
Trading Block: Fed keeps rates unchanged, lowering odds for future hikes. Weak Nonfarms number derailed any Fed plans to raise in June. Earnings today: (before the bell) Oracle Corporation; (after the bell) the Kroger Co, Rite Aid Corporation. CME Fedwatch tool: July probability: 7% Sep: 29% Nov: 31% Dec: 47% Options Question of the Week: $VIX surging ahead of FOMC, but for how long? Where will $VIX cash close Friday 6/17? 19% - 18-20 range 47% - 15-17.99 range (Winner) 25% - Above 20 09% - Below 15 Odd Block: Calls trade in Activision Blizzard Inc. (ATVI), calls trade in iShares Barclays 20+ year Treasury ETF (TLT) and calls roll in Wells Fargo & Co. (WFC). Mail Block: Listener questions and comments Question from Vegan: For an options newbie, how would I construct a trade with most possibilities to win? I understand that the potential profit might be small. What time frame is good as well? Question from Jim Duggan: FOMC and Brexit are approaching. What are some good ways to use options to play Brexit or FOMC? Question from John Doe: Do you have any specific strategies near or on expiration to profit from theta decay. Around the Block: Brexit coming up on 6/23. Fade it? Buy into it? Much ado about nothing?
Trading Block: Fed keeps rates unchanged, lowering odds for future hikes. Weak Nonfarms number derailed any Fed plans to raise in June. Earnings today: (before the bell) Oracle Corporation; (after the bell) the Kroger Co, Rite Aid Corporation. CME Fedwatch tool: July probability: 7% Sep: 29% Nov: 31% Dec: 47% Options Question of the Week: $VIX surging ahead of FOMC, but for how long? Where will $VIX cash close Friday 6/17? 19% - 18-20 range 47% - 15-17.99 range (Winner) 25% - Above 20 09% - Below 15 Odd Block: Calls trade in Activision Blizzard Inc. (ATVI), calls trade in iShares Barclays 20+ year Treasury ETF (TLT) and calls roll in Wells Fargo & Co. (WFC). Mail Block: Listener questions and comments Question from Vegan: For an options newbie, how would I construct a trade with most possibilities to win? I understand that the potential profit might be small. What time frame is good as well? Question from Jim Duggan: FOMC and Brexit are approaching. What are some good ways to use options to play Brexit or FOMC? Question from John Doe: Do you have any specific strategies near or on expiration to profit from theta decay. Around the Block: Brexit coming up on 6/23. Fade it? Buy into it? Much ado about nothing?
Trading Block: OCC announced total cleared contract volume for the month of January was up four percent from January 2015 with 371,870,087 contracts, marking the third highest January on record. CBOE announced that it plans to list S&P 500 Index (SPX) Wednesday - expiring Weeklys options beginning February 23, 2016. ISE Mercury to launch on February 16, 2016. Earnings today after the bell: Options on Google parent Alphabet Inc were busy on Monday ahead of the its quarterly results that could help it unseat Apple Inc as the most valuable company in the world. Odd Block: Calls trade in The Kroger Co. (KR), calls and puts trade in Twitter Inc . (TWTR), and calls and puts trade in PVH Corp (PVH) Strategy Block: Tosaw discusses the knockout collar. Mail Block: Listener questions and comments Question from JDon - Congrats on your milestone. Howd you get such a cool handle? Around the Block: Earnings! Tuesday - Chipolte Mexican Grill, Exxon Mobil Corporation, Merck & Company, Sirius, UPS, Yahoo Wednesday - CBOE Holdings, Exelon Corporation, General Motors Company, GoPro Inc., Pfizer Thursday - ConocoPhillips (before), Intercontinental Exchange (before), LinkedIn (after) Friday - CME Group Inc.
Trading Block: OCC announced total cleared contract volume for the month of January was up four percent from January 2015 with 371,870,087 contracts, marking the third highest January on record. CBOE announced that it plans to list S&P 500 Index (SPX) Wednesday - expiring Weeklys options beginning February 23, 2016. ISE Mercury to launch on February 16, 2016. Earnings today after the bell: Options on Google parent Alphabet Inc were busy on Monday ahead of the its quarterly results that could help it unseat Apple Inc as the most valuable company in the world. Odd Block: Calls trade in The Kroger Co. (KR), calls and puts trade in Twitter Inc . (TWTR), and calls and puts trade in PVH Corp (PVH) Strategy Block: Tosaw discusses the knockout collar. Mail Block: Listener questions and comments Question from JDon - Congrats on your milestone. Howd you get such a cool handle? Around the Block: Earnings! Tuesday - Chipolte Mexican Grill, Exxon Mobil Corporation, Merck & Company, Sirius, UPS, Yahoo Wednesday - CBOE Holdings, Exelon Corporation, General Motors Company, GoPro Inc., Pfizer Thursday - ConocoPhillips (before), Intercontinental Exchange (before), LinkedIn (after) Friday - CME Group Inc.
This week on The Little Radio Show we talk about Anjelica's visit to “Great Day Houston” and the television shows we're in love with this week. We have a great interview with Kristal Howard of The Kroger Co., who talks with us about Thanksgiving. And we discuss approach the question: are restaurants better with or without tipping? Anjelica had her premier on live television with a guest appearance on “Great Day Houston.” She did a show and tell on affordable Halloween costumes. You can view the show here. Our guest Kristal Howard, or The Kroger Co., talks with us about how to plan for Thanksgiving, and how to use Kroger's Community Rewards to ensure that every purchase you make benefits your community. There's a new trend in restaurants to phase out tipping. Is this a good move or a bad move? Listen in and let us know what you think. “The Little Radio Show” is on HMSNetRadio.org on Thursdays at 2 pm (CST). The show hosts are Sandra Fernandez (@sandrasays), Juan Alanis (@juanofwords), and Anjelica Cazares (@la_anjel). Subscribe to the Podcast via (RSS), on the iTunes channel or on our Stitcher channel, and keep up with new episodes. Subscribe to the Blog and keep up with new posts. The show's website can be found at thelittleradioshow.com.
On this episode of The Little Radio Show we talk to a representative of Houston's premier Latino arts community center, Talento Bilingue de Houston (TBH). We discuss some of Hollywood's latest blockbuster productions: “Straight Outta Compton” and “Fear The Walking Dead.” And we take a jab of answering that age old question “what's in your purse?” Viridiana Maldonado, spokesperson for Talento Bilingue de Houston, talks about the importance of the arts in the Latino community, as well as the mission of this important organization. She also shares some of TBH's most exciting upcoming events. Anjelica and Sandra share the must have items they can't leave the house without having in their purses. While Juan tries to comprehend why women like switching out purses so often, when he can keep a wallet for years on end. Links from this episode: Talento Bilingue de Houston - http://www.tbhcenter.org/ Straight Outta Compton - https://youtu.be/OrlLcb7zYmw Fear The Walking Dead - https://youtu.be/WDxew5SguVw We'd also like to thank our generous underwriters for this episode of our show: The Kroger Co., Pisco Portón and Talento Bilingue de Houston sponsored our official launch party in Houston on Thursday, September 3, 2015. The show hosts are Sandra Fernandez (@sandrasays), Juan Alanis (@juanofwords), and Anjelica Cazares (@la_anjel). Subscribe to the Podcast (RSS) and keep up with new episodes. Subscribe to the Blog and keep up with new posts. The show's website can be found at thelittleradioshow.com.