In a year when most retail news has focused on higher costs and shoppers being more careful with their spending, Kroger (KR) has made a strong statement by announcing it will hire 15,000 new employees. This decision stands out, especially as many other retailers are cutting back because of inflation and weaker demand. The company’s stock has responded, climbing almost 29% over the past 52 weeks. That’s well ahead of the S&P 500 Index’s ($SPX) 11.2% gain in the same period.
By adding more staff when others are holding back, Kroger is not just meeting today’s needs, but also setting itself up for steady growth. This focus gives investors 15,000 clear reasons to take a closer look at this steady, dividend-paying company.
