Good overall view by a major player.
Kroger CEO talks about booming sales, supply chain advantage, shopping habits in BizJournal
Sales are soaring at Kroger Co., but CEO Rodney McMullen said today in a wide-ranging discussion he's watching what the next phase of shopper behavior will be and has even talked with supermarket CEOs around the world to track consumer activity as coronavirus creates a new normal.
McMullen talked Thursday morning with Evercore ISI analyst Mike Montani for a fireside chat, or as McMullen called it, “a fireside chat without the fire” since it was done remotely. He covered everything from shopper behavior to in-demand products to consumers’ brand preferences for toilet paper. As head of downtown Cincinnati-based Kroger (NYSE: KR), the nation’s largest operator of traditional supermarkets, he should know.
McMullen said he has “regular calls” with CEOs of supermarkets in China, Italy, Hong Kong, Singapore, Australia and Canada. ... "
Friday, April 17, 2020
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment