US: Kroger raises guidance after "outstanding Q3"
By Sam Webb | 1 December 2011
US retailer Kroger today (1 December) increased its earnings guidance after what the chairman called an "outstanding" third quarter.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
US retailer Kroger today (1 December) increased its earnings guidance after what the chairman called an "outstanding" third quarter.
- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
Focus: FDA restates intentions on nutritional food labelling
The FDA's recently announced 2012-2016 strategic plan includes specific reference to both front-of-pack nutritional labelling and reform of the nutrition facts panel. Details of how the FDA plans to proceed remain sketchy, Ben Cooper writes, but the fact that these two items are firmly on the policy agenda ensures a lively debate will continue and possibly intensify during the coming few years.
In the spotlight: Supervalu's long hard slog
US retailer Supervalu saw its sales and gross profit fall yet again in its last financial year although CEO and president Craig Herkert insists progress is being made. Analysts acknowledge the company is on the right track but argue it could be years before it yields the full benefits of its moves to revitalise the business. Dean Best reports.
On the money: Supervalu CEO Herkert sees more "solid progress"
Supervalu Inc chief executive Craig Herkert is expecting "another year of solid progress" at the US retailer as he pushes ahead with plans to revamp the business.
Market research related to this article
Kroger Co in Retailing (World)
In contrast to rival Wal-Mart, Kroger (the number one supermarket player in the US) has no international presence. Although growth opportunities continue to exist in a still fragmented US grocery retail market, Kroger’s long-term prospects are conseq...
Leading Global Hypermarkets, Supermarkets and Discounters – Company Benchmarking Analysis Report
This report compares the strength of the leading hypermarkets, supermarkets and discounters globally relative to each other and international averages for retailers in the hypermarkets, supermarkets and discounters channel....
