Kroger CEO Sees a Bit Of Upturn

Kroger Co. said last week a pickup in sales in February indicates a modest strengthening of consumer confidence. Through the holidays and immediately following the holidays, the consumer was more cautious, said David B. Dillon, chairman and chief executive officer, in a conference call discussing year-end results. But in February we saw a modest improvement, which I would attribute

CINCINNATI — Kroger Co. here said last week a pickup in sales in February indicates a modest strengthening of consumer confidence.

“Through the holidays and immediately following the holidays, the consumer was more cautious,” said David B. Dillon, chairman and chief executive officer, in a conference call discussing year-end results. “But in February we saw a modest improvement, which I would attribute to some regaining of confidence by consumers in how they were approaching sp

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