CINCINNATI — It may be too early to declare victory over the economy, but food retailing appears to be making a comeback. In its first-quarter financial results last week, Kroger Co. here illustrated why this might be the case: Same-store sales were up, margin investment to generate those sales was down, and shoppers — at least some of them — splurged for wines, organics and other high-end products at a greater rate than they had for months. “The numbers don't lie: They needed less ...
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