Agree. Kroger is not moving quick enough in an ever changing switch by the consumer from brick and mortar to the services now being provided on the internet.....Amazon, Walmart......Roundy's/Mariano's, forget it, you are so far in left field, that Kroger has a major rehab project to bringing you back at all.
Walmart could also present a headache for Kroger stores. Walmart is offering the consumer the convenience of ordering groceries online and going to the store and picking up your order. This solves the problem for the consumer of receiving especially their perishables store fresh. This is extremely important for meat and seafood as 41 degrees is the critical temperature needed to control bacteria growth such as e-coli. Walmart is now using this model in 40 U.S. regions. I point this out, because a grocer such as Mariano's let so many associates full of product knowledge walk out the door to the competition. I myself, very well versed in meat and seafood was astonished at what I was seeing while at Mariano's, especially from the now store director of the Skokie Il. Mariano's. A problem Kroger will have to iron out, one way or another.
From top to bottom. The Wisconsin operation and Chicago's Mariano's stores. From terrible store management which propelled an employee culture among the worst in the retail grocery business resulting in a revolving door of a constantly changing work force. I believe Kroger is well aware of what needs to be changed and who still needs to be let go and possibly what stores may even have to be closed.
815: Excellent point. It's like paying off one credit card with another, until the credit line is cancelled. Then the only way to get credit is by paying up to a second or third class lender. Just like we're going to have to do here in Illinois, and eventually the U.S. A ticking time bomb, just a matter of time.
Releasing of the SPR is a short lived drop. Discretionary spending will go into the public's gas tanks, NOT for a trip on a airline. There are many reports surfacing, that "The Stay Home Vacation" will be this summers norm,just like a few years ago.
Book it oil is going higher, as are groceries and just about everything else. Several states are nearly Bankrupt. Flying is a discretionary expense. Food on the table, gas to get to work (if you have a job), or a plane ticket to MIA?? It's a no brainer, what's coming for the airlines.
The EU sanctions against Iran will only escalate an already very tense situation. Iran will retaliate. Oil prices will spike dramatically, and make the airlines very cheap to buy. Patience, the time is not yet to get in.