Kroger’s fourth-quarter earnings were a mixed bag. While the grocer’s earnings fell in line with analysts’ estimates, its projected 2018 earnings disappointed investors, who sent the stock tumbling more than 10 percent. After all, analysts expected $2.15 per share in earnings for fiscal 2018. But...
Target and Walmart proved that consumers are willing – indeed, eager – to buy their groceries where they are already shopping for clothing and other goods. But will they be as eager to buy clothing from their grocery stores? Kroger is banking on it. Shortly...
Spend smarter, not harder. That’s the approach Kroger is taking as it endeavors to reset its existing supermarket stores to optimize space and keep customer favorites front and center on shelves. The data-driven “Restock Kroger” initiative will largely take the place of new growth in...