Friday, September 8, 2017

Kroger's stock pummeled again as investors worry price war chipping away at profits

Image result for krogerKroger shares dove Friday after the grocer's second-quarter profit slid near 8 percent, as it slashed prices amid growing competition in the sector.

Kroger — more than any of America's supermarket chains — has taken a beating ever since June 16, the day that Amazon announced its plans to acquire Whole Foods. . . . more

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