After 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.
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