Kroger OK With Lower Promotional Prices

Kroger Co. is comfortable with the way CPG companies are handling price declines, Michael Schlotman, senior vice president and chief financial officer, said yesterday.

SCOTTSDALE, Ariz. — Kroger Co. is comfortable with the way CPG companies are handling price declines, Michael Schlotman, senior vice president and chief financial officer, said here yesterday.

"We’ve seen a few moves toward saner pricing in promotional allowance activity [rather than] list-cost reductions," he said. "We understand that a company wouldn't want to lower list prices and then increase them if they cre

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