CINCINNATI — Gaining sales in the current environment is turning out to be more costly than Kroger anticipated. A combination of rapidly escalating deflation and increasing price competition pressured Kroger to invest more in margins to maintain sales, the retailer said Tuesday. As a result, Kroger fell short of quarterly earnings expectations and said its earnings for the fiscal year would also come in lower than it previously forecast. For the fiscal second quarter, which ended Aug. 15, ...
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