Kroger Co. increased its quarterly dividend by 10.5% as the largest U.S. supermarket chain continues to outperform the industry.
Grocery chain Supervalu reported a net income of 31 cents per share this morning for the last quarter, which ended May 10, a 40% decline year-over-year. An after-tax charge of 12 cents per share that brought the figure down, but the quarter was still a disappointment.
Walmart rivals have secretly hired a consulting group to help stop the expansion of the world's largest retailer, according to The Wall Street Journal.












