INSIGHT: Kroger boss admits errors as shares plunge

By: just-food.com | 9 December 2009

The chief of US grocery giant Kroger has admitted he "did not read the market right" after the company cut its full-year earnings forecast, sending its shares tumbling 12%.

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The chief of US grocery giant Kroger has admitted he "did not read the market right" after the company cut its full-year earnings forecast, sending its shares tumbling 12%.

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