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Consumer comfort climbs out of two-month hole
New York -- A report released Thursday by Bloomberg said that consumer sentiment climbed during the week ended June 16 to minus 29.4, compared with minus 31.3 a week earlier and representing a lift after a two-month low. In fact, according to the Bloomberg Consumer Comfort Index, Americans’ views on the economy were the least pessimistic in five years.
The monthly Bloomberg consumer economic expectations gauge for June held at minus 1, matching May’s reading as the best this year.
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New division heads to drive more growth at Kroger
Growth opportunities in new geographies prompted Kroger to realign its organizational structure and place four executive in new roles.
Just two days after reporting strong first quarter results, the nation’s second largest food retailer established two new supermarket divisions in Nashville and Louisville.