Tuesday, June 27, 2017

Kroger executive refuses to believe everyone will get their groceries delivered

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While the supermarket world is abuzz with the expansion of Amazon.com into the bricks-and-mortar world of grocery stores with its deal to buy Whole Foods, Kroger executives aren’t concerned and feel they’re in prime position to thrive.

That’s what Kroger CFO Mike Schlotman told analysts and investors Wednesday at the Oppenheimer Consumer Conference in Boston.. . . more

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