Kroger Honored by Fifth Annual Million-Dollar Club Selection
Company Recognized for Supporting Hispanic Suppliers
CINCINNATI, Sept. 24, 2014 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today proudly announced its membership in the United States Hispanic Chamber of Commerce Million Dollar Club.
Introduced by the United States Hispanic Chamber of Commerce (USHCC) in 2010, the USHCC Million Dollar Club recognizes corporations that are leaders in supplier diversity and integrating Hispanic Business Enterprises into their strategic sourcing and procurement process.
Corporations qualify by spending between $25 million to over $500 million with Hispanic suppliers in the previous year.
This is Kroger's fifth consecutive year of qualifying for membership. The company was inducted in the $250 to $500 million annual expenditure category.
"Kroger is honored to be selected as a Million Dollar Club member," said Reuben Shaffer, Kroger's chief diversity officer. "We value our partnerships with diversity-owned suppliers because their products and services meet the needs of our customers, and because their businesses provide employment opportunities in our local communities."
Kroger has been a leader in supplier diversity in all aspects of its business for more than 30 years. Kroger currently spends nearly $2 billion annually with diversity businesses and remains a member of the Billion Dollar Roundtable.
Kroger, one of the world's largest retailers, employs more than 375,000 associates who serve customers in 2,638 supermarkets and multi-department stores in 34 states and the District of Columbia under two dozen local banner names including Kroger, City Market, Dillons, Food 4 Less, Fred Meyer, Fry's, Harris Teeter, Jay C, King Soopers, QFC, Ralphs and Smith's. The company also operates 785 convenience stores, 324 fine jewelry stores, 1,275 supermarket fuel centers and 37 food processing plants in the U.S. Recognized by Forbes as the most generous company in America, Kroger supports hunger relief, breast cancer awareness, the military and their families, and more than 30,000 schools and grassroots organizations. Kroger contributes food and funds equal to 200 million meals a year through more than 100 Feeding America food bank partners. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable and the U.S. Hispanic Chamber's Million Dollar Club.
SOURCE The Kroger Co.
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