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How Kroger built a $1 billion threat to Whole Foods in only 2 years

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Kroger's Simple Truth organic brand is dominating.

(AP)

In just two years, Simple Truth products reached $1 billion in annual sales, becoming a major threat to Whole Foods.

“Simple Truth has been our most successful brand launch ever, reaching billion-dollar brand status in less than two short years,” said Mike Ellis, president and chief operating officer of Kroger, during a March 5 call with financial analysts.

“During the year, more than 20 million households bought one or more of our 2,688 Simple Truth or Simple Truth Organic items. The brand...


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