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Kroger - The history
In 1883, Bernard founded The Kroger Co. H. Kroger in Cincinnati, Ohio. The business that began as a grocery store was later named as Great Western Tea Company. After his father incurred a loss in the family dry goods store that he chose to try his luck in retailing. As of 1885, he started three branches of the tea company in Cincinnati. The company’s name was modified to The Kroger Grocery and Baking Company in 1902. By that time, he had 40 stores and 1 factory in Cincinnati. Two years later, in 1904, he was also the proud owner of Nagel Meat Markets and Packing House and added meat departments in his grocery stores.
By 1912, Kroger extended his company to Hamilton, Dayton, Toledo and Columbus in Ohio; St. Louis, Missouri; Detroit, Michigan; Indianapolis, Indiana; and Springfield, Illinois. In 1929, Kroger had approximately 5,575 stores throughout the United States. The company modified its name to The Kroger Co. in 1946. It started pharmacy stores in 1960. During its reign in the retail industry, the company took over Fred Meyer, Inc. and Dillon Companies, Inc. The annual revenue of the company passed $50 billion in 2000.