Kroger Dominating

If you don't live near a Kroger supermarket you are an increasingly small audience.  This behemoth is still growing and is already enormous, 2nd only to Walmart.

Here is the full story over on Bloomberg:

http://www.bloomberg.com/gadfly/articles/2015-12-03/kroger-earnings-the-chain-quietly-gains-on-walmart-whole-foods

Here is a snippet from the piece:

Retail is in the doldrums. Grocery chains are filing for bankruptcy. Former industry darlings like Whole Foods are struggling to boost sales. Amazon is making a big bet on online grocery delivery. Drugstore chains are selling boatloads of food. And for the first time ever, more people are eating out at restaurants than making food at home.

Sound like a recipe for disaster? Not for Kroger, the grocery chain that has been quietly growing its empire to become the second-largest U.S. retailer by sales after almighty Walmart, which derives 56 percent of its sales from groceries.

I only found this piece thanks to the efforts over on MorningNewsBeat so be sure to check there daily:

http://www.morningnewsbeat.com/

Happy Reading,

J.W. Gant