Similar Stories to Kroger Selling Its Convenience Stores? Here's Why That Matters on Bing News

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.

Topics:  kroger nyse   kr    restock kroger   february   eg group   u.k   kroger   convenience stores   billion   plan   business   
BING NEWS:
  • Major Convenience Store in California to Close Over 1000 Stores Next Year
    One popular convenience store chain has announced it will be closing many locations next year, and California will be hit significantly.
    12/16/2024 - 9:46 pm | View Link
  • Top U.S. liquor distributor favored Costco, Kroger, other chains over small businesses: FTC
    Southern Glazer’s Wine and Spirits is the tenth largest privately held company in the U.S., generating about $26 billion in revenues from sales to retail customers in 2023.
    12/12/2024 - 1:13 pm | View Link
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