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Kroger CEO Calls for Urgent Overhaul | Raleigh News
Kroger’s CEO Greg Foran is sounding the alarm on the company’s mounting operational woes, admitting costs are rising faster than sales and many stores are underperforming. He’s calling for urgent, sweeping changes — faster decisions, smarter use of talent and resources — to turn things around. With customer traffic declining for three straight months and Kroger lagging behind rivals like Walmart in online sales and brand appeal, the pressure is on. Foran, a Walmart veteran, aims to revamp the experience and value proposition to win back shoppers — but analysts warn that without dramatic price…
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