NEW YORK — A change in how Kroger allocates its capital for new and expanded stores will drive better returns on those projects in the years to come, the company’s chief financial officer said Wednesday. Mike Schlotman, speaking at the Bank of America Merrill Lynch Consumer & Retail Conference here, said the Cincinnati-based retailer today is putting its capital for new stores and expansions into a central fund it allocates to projects with the most potential for returns. ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

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.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.