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The Latest Breaking News from Kroger

Kroger Co. (KR) Earnings Forecasts: What's in Store for the Grocery Stock?

Kroger Co. (KR) has an impressive earnings surprise history as it topped analysts' estimates in the last few consecutive quarters despite macroeconomic woes. However, as the company gears up to post its third-quarter results, let’s analyze whether it can pull off another earnings beat.

StockNews.com

In Focus This Week: OPEC+ Meeting, PCE Data, Powell Speaks, COP28 Starts

U.S. housing data, manufacturing in China and earnings of retailers and Canadian banks are also scheduled for the next few days.

International Business Times

FTC Fights Grocery Store Merger That May Bring Down Prices

Who needs better prices, products, and customer service?

Reason

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Kroger’s new holiday commercial has viewers in tears: ‘This hits home’

‘We cried happy tears bringing it to life,’ supermarket’s head of marketing admits

The Independent UK

Best deals for Veterans this weekend

Annual US holiday falls on a Saturday this year

The Independent UK

Northrop Grumman and 2 More Stocks Politicians Are Buying

A member of the House Permanent Select Committee on Intelligence just scooped up shares of defense stock NOC, while one well-known senator just picked up shares of a grocery giant with an acquisition still under FTC scrutiny.

Barchart

3 Stocks to Buy if You Believe Jeffrey Gundlach's Prediction of an Impending Recession

Consumer staples stocks, such as Kroger and Sysco, can help you create a defensive moat for your portfolio if the U.S. economy enters a recession next year.

Barchart

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"Devastating:" Kroger sells 400 stores

To prepare for their mega-merger with Albertsons, Kroger may have to sell an additional over 200 locations

Salon

Stock market today: Asian shares mostly higher as investors await US inflation, China economic data

Stock prices are mostly higher in Asia as investors watch for U.S. inflation figures and China's latest economic data

The Independent UK

Minjee Lee wins Kroger Queen City Championship; Ruoning Yin rises to No. 1

Lee has now won six of the last eight tournaments in which she held the 54-hole lead.

USA Today Sports Media Group

Kroger agrees to pay up to $1.4 billion to settle opioid lawsuits

The Kroger Co. has agreed to pay up to $1.4 billion to settle lawsuits over the toll of opioids

The Independent UK

Kroger, Albertsons to sell hundreds of stores in bid to clear merger of 2 of largest US grocers

Both companies plan to sell more than 400 stores, including the Mariano’s brand name.

Chicago Sun-Times

Kroger just agreed to pay up to $1.2 billion to states and Native American tribes who sued it for distributing opioids

The settlement is not an admission of wrongdoing or liability, the company said, adding that it would “continue to vigorously defend against any other claims and lawsuits relating to opioids.”

Fortune

Photos: LPGA Kroger Queen City Championship at Kenwood Country Club

A strong field has converged on Cincinnati for this LPGA tournament.

USA Today Sports Media Group

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The Independent UK

Bodycam video shows moment Ohio police shot pregnant woman through her windshield

The footage captured the exchange before 21-year-old Ta’Kiya Young was shot by an officer in a Kroger parking lot

The Independent UK

Bodycam video shows moment Ohio police shot pregnant woman through her windshield

The footage captured the exchange before 21-year-old Ta’Kiya Young was shot by an officer in a Kroger parking lot

The Guardian - US

‘He was dripping with sweat’: Kroger worker dies in hot work conditions in Memphis

The union representing workers at the grocery chain had asked the company to allow more breaks and cooler working conditions

Salon

Frozen vegetable recall announced by FDA

The products are frozen corn and frozen mixed vegetables and were sold at Food Lion, Signature and Kroger stores

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Kiplinger

Kroger Adds to Its Medicare Advantage Plan Offerings

Savings on groceries and prescription drugs possible under Kroger and Select Health’s co-branded Medicare Advantage plans.

WEKU

Aldi says it will buy 400 Winn-Dixie, Harveys groceries across the southern U.S.

Under a proposed merger agreement, Aldi will acquire all outstanding shares of Jacksonville, Florida-based Southeastern Grocers Inc., the parent company of Winn-Dixie and Harveys.

The Guardian - UK

Why the US will break out first from the low-growth trap

Western economies must adopt industrial strategies, boost R&D and exploit new tech to prosper – Americans realise this better than Europeans

The Independent UK

Atlanta 'Cop City' activists say they're confident of getting 70K signatures. But big hurdles remain

Hundreds of canvassers have spread out across Atlanta in hopes of convincing more than 70,000 residents to sign onto a petition that activists believe is their best chance to halt the planned construction of a huge police and firefighter training center

The Independent UK

Clock ticking for West Virginia to select leadership for opioid money distribution

West Virginia is finalizing the leadership for a newly created foundation tasked with distributing the lion’s share of the more than $1 billion in opioid lawsuit-settlement money

The Independent UK

Hoax bomb threats target major US retailers including Walmart and Whole Foods demanding bitcoin and gift cards

Callers have threatened to detonate bombs if gift cards, bitcoin or other payments are not provided

Tribune News Service

Leticia Miranda: Greedflation in groceries hits wall of frustrated shoppers

The pandemic era of greedflation in the grocery section is finally ending.

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