Kroger's profit, revenue jump | The C...

Kroger's profit, revenue jump | The Columbus Dispatch

There are 5 comments on the Columbus Dispatch story from Jun 17, 2011, titled Kroger's profit, revenue jump | The Columbus Dispatch. In it, Columbus Dispatch reports that:

Kroger Co. rang up double-digit increases in first-quarter revenue and net income, as the grocery chain's fuel stations and loyalty discounts helped draw more frequent shoppers when gas and grocery prices rose.

Join the discussion below, or Read more at Columbus Dispatch.

Conservatives Lie

Columbus, OH

#1 Jun 17, 2011
Profits rose because Krogers GOUGES prices! Grocery stores (especially national chains) are out of control. They are the new 'big oil' companies...in that they raise prices on every little food crop disaster rumor, and then never lower them once the crisis is over.

Since: Dec 10

Coshocton, OH

#2 Jun 17, 2011
I have found the prices at Kroger to be reasonable and I do most of my shopping there. What I don't like is the new gas discount system. I haven't found one shopper or employee of Kroger who likes the changeover.
Crazy

Columbus, OH

#3 Jun 17, 2011
Kroger has succeded by charging high prices. Scams to get people in the door. Poor pay and health beefits for employees. It is capitalism.
Suckin down banannas

Delaware, OH

#4 Jun 17, 2011
I have compared when shopping Kroger VS Meijer and other larger grocery stores and have seen that most of Kroger's yellow tag "specials" and price drops are close to if not the same as Meijer's everyday prices.In a nutshell,they jack the prices up and then run "sales" that closely match the competitor's ACTUAL sale prices or lower everyday prices.For those who don't know,seeing an aisle with 700+ yellow tags in it seems like paradise,right?Tons of money saved.Not so! Like I said,they jack the prices up and then "put on" a supposed sale to make it appear as if you're actually saving a lot of money.
Where ever there's a market,there's a way to manipulate it to make the consumer THINK they're getting incredible deals.These stores didn't grow into these large multistate and national chains by being run with consumer savings in mind.They just massaged the marketing system to make it LOOK like they do. I work in one of these large retail chains and the point is,it's all about the bottom dollar and profit margin.
Jonah

Wellston, OH

#5 Jun 17, 2011
Yes. There is a lot of price volutility with Kroger. Meijer has more stable pricing.

I would like to know how Kroger compares with the others in giving support to food pantries/Mid Ohio Food bank...and whether that support has increased or decreased in the period of their rise in profits.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Kroger Discussions

Title Updated Last By Comments
Krogerfeedback.com (Nov '15) Aug 6 Never again 3
gas pumps Jul '16 Django2 1
News Altria Group: An Attractive Investment (Apr '14) Jul '16 Mugs mahone 2
News Kroger Facing Discrimination Lawsuit (Nov '08) Jun '16 Gold Dust 94
Wage increase, automatic? (Jan '16) Jun '16 Mrs johnson 4
News Kroger to sink millions into Columbus area, wit... May '16 Contrarian 1
News Kroger to offer online ordering service at Sand... May '16 Apollo13 1
More from around the web