US grocery retailer Kroger has extended its scan-based trading contract for newspaper sales with iControl Systems. It will be rolled out to three additional banners - King Sooper's, City Market and Smith's - who will no longer own the magazines and newspapers on their shelves, but sell them on a consignment basis.
The addition of the three banners brings the total number of Kroger divisions using the iControl solution to 13 and the number of stores to 1,540. Approximately 65 Kroger vendors will participate in the program. The expansion will be effective from October 24, 2011.
In June 2011, Kroger’s Convenience Store Group signed a multi-year agreement with Nexxus Group for scan-based trading for its newspaper category at Loaf N Jug, Quik Stop, Kwik Shop and Tom Thumb Food Stores.
Source: Planet Retail
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