Kroger Re-Allocates Cap-Ex

NEW YORK — A change in how Kroger allocates its capital for new and expanded stores will drive better returns on those projects in the years to come, the company’s chief financial officer said Wednesday.

Mike Schlotman, speaking at the Bank of America Merrill Lynch Consumer & Retail Conference here, said the Cincinnati-based retailer today is putting its capital for new stores and expansions into a central fund it allocates to projects with the m

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