15-06-2017 20:45 via 10tv.com

Sale on milk and eggs: Competition forcing Kroger to slash prices

Intense competition among grocers is forcing Kroger to slash prices on popular items like milk and eggs — staples that help sway where shoppers go.The company, which operates Fred Meyer, Ralphs and Fry's, on Thursday reported its second straight quarter of declining sales after more than seven years of uninterrupted growth. It also cut its profit outlook for the year, citing the moves it's making to adapt to the "upheaval" in food retailing and to keep prices competitive.Kroger said it had
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