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Kroger Profits as It Takes ‘Share of Stomach’ From Restaurants

Nation’s Largest Grocer Says Consumers Are Buying Higher-Quality Products as They Cook More at Home
Kroger was among the “essential” retailers that thrived during the peak of the coronavirus pandemic. (Kroger)
Kroger was among the “essential” retailers that thrived during the peak of the coronavirus pandemic. (Kroger)
By Jennifer Waters
CoStar News
March 4, 2021 | 9:14 P.M.

Kroger, the nation’s largest supermarket chain, posted double-digit sales gains in the fourth quarter as consumers “learned how to cook” and stocked up their pantries during the pandemic, another sign of how Americans eating more at home — at least for now — is impacting restaurants and eateries.

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