If it ain’t broke, don’t fix it. That’s the assessment of industry analysts concerning Kroger Co.’s strategy of growing organically rather than through major acquisitions in new markets. “Kroger’s strategy is to increase returns on current assets, and that’s working,” Andrew Wolf, managing director for BB&T Capital Markets, Richmond, Va., told SN. “Kroger is growing volume by getting more sales per square foot, which is a ...

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