Monday, May 23, 2016

Kroger's big $4 billion expansion plan

It's spending more than $4 billion to open new stores, expand or renovate old supermarkets and upgrade technology and logistics to support them.

Kroger officials say it's all part of a long-range plan to keep increasing the investment in their stores. The spending is becoming particularly noticeable because Kroger's operations have become so large. It's now the world's third-largest retailer with nearly $110 billion in sales.. . . more

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