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Tag: mistake

Kroger is downgraded after a mulityear mistake, Jefferies says

An employee pushes grocery carts outside a Kroger Co. grocery store in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Kroger was downgraded by Jefferies to hold from buy due to what it believes was a key mistake: investing in centralized fulfillment centers instead of micro-fulfillment. Kroger should be following Walmart’s lead, Jefferies analyst …

Kroger is downgraded after a mulityear mistake, Jefferies saysRead More