Shopping at Kroger can be up to four times cheaper than eating out, CEO says
Inflation and a slowing economy are making U.S. shoppers, even so-called higher-income consumers, look for more ways to save money, and that’s what helped grocery chain Kroger Co. beat fourth-fiscal-quarter profit expectations and provide a full-year outlook that was well above Wall Street forecasts. “The gap between food-at-home and food-away-from-home spending grew in the fourth…