CINCINNATI — Kroger on Wednesday announced its membership in the United States Hispanic Chamber of Commerce Million Dollar Club, marking the retailer’s fifth consecutive year of qualifying for membership.
Introduced by the United States Hispanic Chamber of Commerce in 2010, the USHCC Million Dollar Club recognizes corporations that are leaders in supplier diversity and integrating Hispanic Business Enterprises into their sourcing and procurement process.
Corporations qualify by spending between $25 million to more than $500 million with Hispanic suppliers in the previous year. Kroger was inducted in the $250 to $500 million annual expenditure category.
"Kroger is honored to be selected as a Million Dollar Club member," stated Reuben Shaffer, Kroger's chief diversity officer. "We value our partnerships with diversity-owned suppliers because their products and services meet the needs of our customers, and because their businesses provide employment opportunities in our local communities."
Kroger currently spends nearly $2 billion annually with diversity businesses and remains a member of the Billion Dollar Roundtable.