Friday, April 27, 2007
Kroger
What has happened to the "lower income" supermarket
chain, known as Kroger.......Yep, I remember this small
Ohio "chain" back in the '50s, but they have expanded
since then and now, it seems, want to establish
themselves as a member of the "elite" supermarket
club.......
Their stock is doing good, their quarter profit returns
are up and all as a result of raising their prices......Yep
again, small "chain" trying to go "big time".......
Their stocked aisles and meat counters do not contain
products better than their other "lower income"
supermarket competitors, but yet, "Let's goose the
price up a little"..........In the end I think the
increases in price will catch up with them........They
can not sell a frozen item for $3.29 a package when
their competitor (not Walmart) can sell it for $1.99......
Us people in the "public" ain't that stupid......Pumps
chain, known as Kroger.......Yep, I remember this small
Ohio "chain" back in the '50s, but they have expanded
since then and now, it seems, want to establish
themselves as a member of the "elite" supermarket
club.......
Their stock is doing good, their quarter profit returns
are up and all as a result of raising their prices......Yep
again, small "chain" trying to go "big time".......
Their stocked aisles and meat counters do not contain
products better than their other "lower income"
supermarket competitors, but yet, "Let's goose the
price up a little"..........In the end I think the
increases in price will catch up with them........They
can not sell a frozen item for $3.29 a package when
their competitor (not Walmart) can sell it for $1.99......
Us people in the "public" ain't that stupid......Pumps