Friday, September 23, 2016

For Grocers Like Kroger, Smaller is Better

Image result for kroger small store formatAfter reporting its second quarter results, grocery operator Kroger earned mixed reviews from industry analysts. On the surface, the company appeared to perform well, reporting that net earnings had increased 1.7 percent and total sales had increased 7.3 percent, excluding fuel.

Those results make Cincinnati, Ohio-based Kroger a solid performer among grocers, and an absolute standout in the current retail environment overall. The company highlights another figure for the industry—785. That is the number of convenience stores that Kroger operated through five divisions by the close of the second quarter.. . . more

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