CINCINNATI -- Kroger here last week said its sales trends were improving, its cost-cutting initiatives were on track, and it has begun channeling the proceeds from those efficiencies into targeted price reductions. In a conference call discussing its first-quarter earnings last week, Joseph A. Pichler, chairman and chief executive, cheered analysts with his projection that second-quarter, same-store supermarket sales would exceed the 0.6% increase the company reported in the first quarter, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.