Kroger same-store sales miss as grocer price war intensifies

CNBC | on Thu, Mar 2, 9:01 AM

Luke Sharrett | Bloomberg | Getty Images Customers shop the produce aisle at a Kroger grocery store in Louisville, Kentucky. Kroger said it expected the operating environment in the first half of this year to be similar to the second half of 2016, but that second-half 2017 results would likely improve. Arguably, however, pricing competition in the industry is set to intensify this year, with Wal-Mart reportedly running a new price-comparison test to knock out competition from German discount ...

Read the full article

Semantic processing powered by OpenCalais

Use of the DailyMe service and DailyMe web site constitutes acceptance of the Company's Terms of Service and Privacy Policy.

© 2017 DailyMe, Inc. All rights reserved.