SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Kroger Plans $5 Billion Investment by 2029 Under New CEO

Kroger unveiled an investment plan to lower prices and improve the shopping experience as new CEO Greg Foran focuses on the grocer’s core business.

KR

Kroger NYSE:KR unveiled a $5 billion investment plan to lower prices and improve the shopping experience, as part of new CEO Greg Foran's first strategy to revive the grocer's core business amid intensifying competition and cautious consumer spending.The company on Tuesday also set a target of abou…