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New Kroger CEO Greg Foran said the company plans to lower prices on thousands of items to increase sales. He also said the retailer is open to acquisitions in several U.S. regions.
smallbiztrends.comThe company is adjusting its approach to address consumer concerns about food costs by lowering prices on select items, expanding promotions and introducing smaller package sizes. It reversed an earlier plan for major restructuring and instead committed $600 million to invest in…
PepsiCo shares rose after the company reported that recent price reductions and new product introductions have attracted returning customers. The company also stated it has not experienced significant impacts from the conflict in Iran.