Kroger (NYSE:KR) has introduced a new lineup of products, including unique salad kits and gourmet muffins, aimed at enhancing ...
Kroger stock is down in premarket trading on Tuesday. Last month, the company revealed the CEO resignation, leadership changes and also faces legal issues.
One expert described the grocer as “ruddlerless,” noting that its core grocery business has suffered as the company has pursued alternative profits and pricey e-commerce investments.
As previously reported, Melius Research downgraded Kroger (KR) to Sell from Hold with a $58 price target, citing the fact that Walmart (WMT) is ...