Kroger To Invest $770M in Employees During 2023

• The grocer will raise wages and support associates' holistic well-being.

• The investment will be used to raise average hourly rates, increase health care options, build new training and development opportunities, and more.

• This investment builds on the $1.9B incremental investment in wages and comprehensive benefits that Kroger has made since 2018,which raised the average hourly rate to $18 or $23.50 per hour with benefits.

SOURCE: FMI by Progressive Grocer,3/6/23