Kroger plans to team up with a rival in a deal that would combine the nation’s largest traditional supermarket company with a smaller rival to create a national footprint.
Core retail sales remained solid on a monthly basis in September and saw another year-over-year gain despite an interest rate hike from the Federal Reserve and continuing inflation.
Although Walgreens Boots Alliance Inc. swung from profit to loss in the fourth quarter of fiscal 2022, the drugstore giant still exceeded the expectations of Wall Street analysts.