- American City Business Journals•14 minutes ago
Kroger Co. — parent of Colorado's King Soopers and City Market supermarket chains — could be a prime bidder for some Rite Aid or Walgreens drug stores that will need to be sold when those two companies finally complete their merger later this year. Cincinnati-based Kroger (KR), the nation’s largest operator of traditional supermarkets, is a potential buyer of some of the 500 stores that will likely be put up for sale, according to a Bloomberg report . Kroger was rumored to be a potential buyer of Rite Aid more than a year ago, before the drug store chain reached a deal in October to be acquired by Walgreens parent Walgreens Boots Alliance Inc. (WBA).
- TheStreet.com•2 hours ago
Kroger (KR) and other traditional grocery stores could benefit from growth slowdown in the warehouse and superstore industry, Wells Fargo said.
- Barrons.com•3 hours ago
Wells Fargo's Julian Groover explains that the worst may be over for grocery stores--think companies like Kroger (KR)--in their battle with superstores like Costco Wholesale (COST) and Wal-Mart Stores (WMT). From this analysis, it is clear that the continuous growth of warehouse clubs and supercenters’ real sales and employment have continued to negatively affect sales at department stores and discount department stores.
The Kroger Co. (KR)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||32.33 x 200|
|Ask||32.40 x 100|
|Day's Range||32.17 - 32.72|
|52wk Range||31.45 - 42.75|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||15.13|
|Avg Vol (3m)||9,382,834|
|Dividend & Yield||0.48 (1.47%)|