Comment on Kroger Selling Its Convenience Stores? Here's Why That Matters

Kroger Selling Its Convenience Stores? Here's Why That Matters

Last fall, grocery chain Kroger (NYSE: KR) announced a plan to modernize its business to keep up with consumer preferences. Part of the plan, dubbed Restock Kroger, aims to expand the business in new directions by off-loading its convenience store segment.As it turns out, there are long-term motivations behind this divestment.

 

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