Kroger Increases Spend With Women-Owned Businesses 50% – Yahoo Finance

The Kroger Co. has been named one of America’s Top Corporations for Women’s Business Enterprises by the Women’s Business Enterprise National Council (WBENC).
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CINCINNATI, Feb. 3, 2020 /PRNewswire/ — For the sixth consecutive year, The Kroger Co. (NYSE: KR) has been named one of America’s Top Corporations for Women’s Business Enterprises by the Women’s Business Enterprise National Council (WBENC).

The annual list honors corporations that have established a sustained commitment to the inclusion of women-owned businesses in their supply chains.

“Diversity is at the core of our people-first culture and an integral part of our business strategy at Kroger,” said Angel Colón, Kroger’s senior director of diversity and inclusion. “Women make up more than half of our workforce and 31% of our senior management, and we’re deeply committed to increasing women’s business enterprise representation across Kroger’s supply chain. We’re proud that this intentional approach to inclusion has once again earned us WBENC’s prestigious ‘Top Corporations’ recognition.”

Kroger’s 2019 Women’s Business Enterprise (WBE) Highlights:

  • Kroger invested an additional $163 million with women-owned businesses across its supply chain in 2019, increasing its annual WBE spend by 50%.
  • Kroger established 234 new WBE supplier partnerships, a 57% increase from 2018.
  • Kroger held a Supplier Inclusion Innovation Summit in May 2019, inviting more than 80 diverse suppliers to …