Kroger (KR +2.1%) exec Robert McMullen weighs in on inflation on a CC - saying that the company...

|About: Kroger Co. (KR)|By:, SA News Editor

Kroger (KR +2.1%) exec Robert McMullen weighs in on inflation on a CC - saying that the company expects prices to moderate during 2012 after they rose 5.4% Y/Y in Q4 and cut into discretionary sales. One food area running countercyclical is produce, where the grocery store operator was able to realize lower unit costs.