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With Q2 earnings around the corner, we will take a deeper dive into consumer staples sector performance and its constituent ...
Kroger is making customer access to its Weekly Digital Deals easier by introducing in-store flyers. The supermarket chain ...
Both retailers are back in cost-cutting mode after their megamerger failed. Here’s what to watch in the months ahead.
The grocer believes its drive to streamline its online operations is poised to pay off as it strives to cut expenses across ...
Today, Zacks Equity Research discusses Walmart Inc. WMT and The Kroger Co. KR. Industry: Retail - Supermarkets. Link: https ...
Supermarkets industry is facing multiple headwinds, including persistent inflation and shifting consumer spending patterns, ...
Kroger plans nationwide store closures over 18 months to improve profitability. At least two stores in Virginia will likely close.
Kroger plans to close around 60 U.S. grocery stores over the next 18 months to improve efficiency. The Cincinnati-based company announced the plan during a corporate earnings call June 20.
The company’s ongoing investments in e-commerce and digital capabilities, while necessary, could also strain profitability in the short term as it seeks to match the offerings of more technologically ...
Kroger’s management has been actively pursuing several strategic initiatives to drive growth and improve profitability, including aggressive share buybacks as noted by InvestingPro.
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