Strategic Resource Group reposted this
Kroger-Albertsons Companies Earnings & Federal Trade Commission Merger Update LIVE from the New York Stock Exchange (NYSE) with award-winning Anchor & Journalist Nicole Petallides from the Schwab Network. As Nicole Petallides & I discussed, "Kroger is the BEST retailer of any kind. As good as Kroger’s positive numbers are today in an overall down stock market, they'll be even better next year & the years ahead," with successful contributions to the outstanding leadership of CEO Rodney McMullen. 𝟒 𝐊𝐞𝐲 𝐂𝐨𝐫𝐧𝐞𝐫𝐬𝐭𝐨𝐧𝐞𝐬 𝐭𝐨 𝐊𝐫𝐨𝐠𝐞𝐫'𝐬 𝐒𝐮𝐜𝐜𝐞𝐬𝐬: 1. With 7,000 drug stores closing between CVS Health, Walgreens, & RITE AID, this is an advantage to Kroger (Kroger being the 4th largest drugstore chain in the US). 2. The #1 Retailer in Terms of Food & Beverage Manufacturing: "Kroger Brands own Label sales (ref. PLMA - Private Label Manufacturers Association) are growing double digits, & Kroger Plus is growing with its Disney partnership." Kroger has the strongest private label network of any retailer in N. America because of its owned & operated 30+ manufacturing plants. Unlike Walmart, Kroger operates its own manufacturing plants, sourcing directly from US farmers. With 30+ food & beverage manufacturing plants, Kroger’s private label sales are up significantly, & gross margins are up as they continue saving shoppers more money with Great Values on high-quality Kroger products to help “To Feed & Uplift The Human Spirit." 3. Kroger is THE BEST Meritocracy, nationally & internationally, for women, people of color, & all. Additionally, with outstanding Mary Ellen Adcock, COO, being a great Chief Merchandising Officer, Kroger will connect even more with branded goods companies & all consumers. 4. The Combined Companies are raising shoppers' standard of living, with limited-income neighborhood stores doing just as well in middle-income neighborhoods, such as Albertsons store #3098 on the S. Side of Chicago (Jewel-Osco, Michelle L. W., Tomas) & Kroger store #185 in S-LA (Ralphs Grocery Company, Cindy Carillo). Kroger, along with ALDI USA, Costco Wholesale, BJ's, & Walmart, is among the fastest-growing retailers in N. America with increased customer counts by providing the highest quality & value for food. On the side of a Major, Meaningful Opportunity in Sales Per. Sq. Ft. & Per Store, Albertsons stores are 40% below the Food Retail Industry norm, and Safeway stores are 20% below norm. Like our S. M. Flickinger family (lnkd.in/gHRYKV4T) did buying Albertsons NYState stores, Kroger can acquire & very significantly increase sales & profit & jobs per store--while decreasing grocery prices very meaningfully for all Consumers. After the USA elections, Walmart, Amazon, Costco, et al. should receive less taxpayer subsidies which IMPO is uncompetitive & catalyzed an “Accelerating Retail Ice Age!” Many thanks to Schwab for their assistance in producing with Henry Mellet & Lauren Justice Fleer, & Strategic Resource Group!
Information Research Professional
2w"Kroger is THE BEST Meritocracy, nationally & internationally, for women, people of color, & all." Every company should operate this way, few do! That said, how about a slight re-write? "Kroger is THE BEST Meritocracy, nationally & internationally, for everyone." Why? Well, what if the original copy had been written like this? "Kroger is THE BEST Meritocracy, nationally & internationally, for men, Caucasians, & all." It makes the exact same point. With the same bias, albeit in the opposite direction.