Retail News

Kroger’s shares nosedive on weak forecast

New York Post 06/15/2017

The combination of food deflation and intense competition caused Kroger to cut its financial forecast for the year. The result was that the grocer’s stock dropped 19 percent in trading.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!