Grocery retailer The Kroger Co.
mentioned Monday that House Chef, which incorporates ready-to-cook and ready-to-heat meals, has handed $1 billion in annual gross sales. The corporate, which was based in 2013 by Pat Vihtelic, merged with Kroger in 2018. “Whether or not it is meal kits, or heat-and-eat and ready-to-cook options — which can be found by way of subscription, in-store, pickup, or supply — it is protected to say that House Chef has mealtime lined,” Dan De La Rosa, Kroger’s group vp of recent merchandising mentioned in a press release. House Chef presently affords greater than 500 merchandise together with meal kits, heat-and-eat meals, ready-to-eat merchandise and seasonal meals. Kroger shares have been barely increased premarket and have gained 27% within the yr thus far, whereas the S&P 500
has gained 21%.