(Reuters) - However, it has been able to withstand strong pressure from
rivals such as Wal-Mart Stores Inc. , dollar stores,
drugstores and natural-food chains such as Whole Foods Market
Inc. by remodeling its stores, improving customer
service, cutting some prices and promoting items such as
fresher produce.
A positive outlook means S&P is likely to raise Kroger's
credit rating in the next two years. Kroger now holds a
"BBB-minus" corporate credit rating, which is the lowest
investment grade.
Read more at Reuters.com Bonds News
rivals such as Wal-Mart Stores Inc. , dollar stores,
drugstores and natural-food chains such as Whole Foods Market
Inc. by remodeling its stores, improving customer
service, cutting some prices and promoting items such as
fresher produce.
A positive outlook means S&P is likely to raise Kroger's
credit rating in the next two years. Kroger now holds a
"BBB-minus" corporate credit rating, which is the lowest
investment grade.
Read more at Reuters.com Bonds News
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