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May 14 Cleveland Research downgrades Kroger (KR -1.9%) to Neutral from Buy due to the grocery store operator's dim prospects for improving volume and margins. Following a common theme in the sector, Kroger has been riding price hikes to stronger revenue, while volume numbers remain under pressure.
Comment![Consumer, On the Move]
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at CNBC.com (Apr 24, 2012)
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at CNBC.com (Apr 10, 2012)
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at CNBC.com (Mar 30, 2012)
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at MarketWatch.com (Mar 28, 2012)
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at MarketWatch.com (Mar 19, 2012)
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Company Description
The Kroger Co. was founded in 1883 and incorporated in 1902. As of January 31, 2009, the Company was one of the largest retailers in the United States based on annual sales. The Company also manufactures and processes some of the food for sale in its supermarkets. The Company’s principal... More
