Fred Meyer's annual revenue is US$ 4.897 billion.
This substantial figure positions Fred Meyer as a significant entity within the retail sector, contributing to the broader financial landscape of its parent company.
Fred Meyer's Financial Overview
Fred Meyer, a prominent retail chain, operates as a subsidiary of Kroger, one of the largest supermarket chains in the United States. Kroger acquired Fred Meyer in 1998, integrating its diverse retail model into its extensive portfolio.
Here's a snapshot of key financial and structural details for Fred Meyer:
Financial/Company Aspect | Detail |
---|---|
Annual Revenue | US$ 4.897 billion |
Parent Company | Kroger (since 1998) |
Company Type | Subsidiary |
Fred Meyer stores are known for their unique "one-stop shopping" concept, offering an extensive range of products beyond typical groceries. Their product categories include:
- Grocery items
- Drugstore products
- Banking services
- Clothing and apparel
- Jewelry
- Home decor and home improvement supplies
- Garden center products
- Electronics
- Restaurant services
- Shoes
- Sporting goods
- Toys
This broad array of offerings under one roof contributes to its considerable revenue, catering to a wide customer base across its operational regions.
For more detailed information about the company's history and operations, you can visit the Fred Meyer Wikipedia page.