(Reuters) - The company, which runs stores under such names as Kroger, Fred Meyer and Ralphs as well as the Littman and Barclay jewelry chains, said it still expects to earn $1.60 to $1.65 per share in the current fiscal year. That equates to 9 percent to 12 percent growth from the prior year, adjusted for an extra week in that year.
Kroger has been able to withstand strong pressure from supercenters such as Wal-Mart Stores Inc. , dollar stores, drugstores and natural-food chains such as Whole Foods Market Inc. by remodeling its stores, improving customer service, cutting some prices and promoting items such as fresher produce.
Read more at Reuters.com Business News
Kroger has been able to withstand strong pressure from supercenters such as Wal-Mart Stores Inc. , dollar stores, drugstores and natural-food chains such as Whole Foods Market Inc. by remodeling its stores, improving customer service, cutting some prices and promoting items such as fresher produce.
Read more at Reuters.com Business News
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