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With Q2 earnings around the corner, we will take a deeper dive into consumer staples sector performance and its constituent ...
Do not eat' order issued as supermarkets pull snack from shelvesKroger is making customer access to its Weekly Digital Deals ...
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 ...
Although Kroger’s e-commerce business achieved its “best profit improvement yet” on a quarterly basis during the first three months of its current fiscal year, the company is still not ...
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, which are affecting revenue growth. As price-sensitive shoppers increasingly ...
While Kroger just announced it would shutter 60 unprofitable stores over the next 18 months, it plans to reinvest the savings back into the business.
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.
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