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…
The Republican Party may be a sea of disappointment these days, but every once in a while, a member messes around and does something right. Tom Cotton did that recently with one of the most brutal, succinct smackdowns I’ve seen in a long time. Cotton was part of a hearing on the proposed merger between…
Reports have filtered in over the past day that two of the U.S.’s top grocery store chains, Kroger and Albertsons, have announced their intention to merge, according to numerous news outlets. CNBC: Rival grocers Kroger and Albertsons on Friday announced plans to team up. The companies said Kroger agreed to buy Albertsons for $34.10 a…