Kroger Plans $5 Billion Investment to Lower Grocery Costs
Kroger executives outlined the multi-year plan at an investor day, saying it aims to sharpen the company’s value proposition and capture more household spending.
Kroger Co.(KR) is committing $5 billion to sharpen its value proposition, slash everyday grocery costs, and capture a larger share of the household budget.Kroger executives outlined the multi-year investment plan during an investor day event in New York on Tuesday, noting that the initiative aims t…