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Supermarkets Slash Hours As Workers Call Out Sick; Store Shelves Remain Bare Labor shortages at supermarkets across the country have increased in recent weeks as the COVID-19 omicron variant continues to spread. Workers are calling sick, and there are not enough cashiers, baggers, and stockers, forcing some supermarket chains to slash hours of operations. Compounding labor woes, supply chains are still severely snarled as food shortages are being reported nationwide. WSJ reports supermarkets are having difficulty staying open as workers call out sick because of infection. Some grocers are frantically hiring new employees, using temporary employment agencies, and overworking current staff to keep stores from shuttering. The seven-store supermarket chain Stew Leonard''s in Connecticut, New York, and New Jersey had 200 employees in quarantine or isolation as of last Thursday despite a 90% employee-vaccination rate. This represents about 7% of all employees. "We sort of feel like we''ve got to buckle down for round two," Chief Executive Stew Leonard Jr. said, adding that the loss of employees to infections has hampered operations.
The median worker pay at Kroger was $24,617 in 2021, researchers found, meaning the CEO made 909 times the pay of the average worker.
More than 8,000 Kroger grocery workers have gone on strike in Colorado to push for higher wages and healthcare benefits, as a new study revealed that 75 percent of employees are food insecure.
Unionized workers at Kroger''s King Soopers stores in Denver plan to strike against the supermarket owner for three weeks.
Kroger and other grocery store stocks are on watch after Wells Fargo warns on a number of headwinds, including tough pandemic earnings comparisons, higher digital investments. Read more.

Kroger employees go on strike for better pay in Denver

05:20pm, Wednesday, 12'th Jan 2022 The Hill
Thousands of Kroger employees in the Denver area went on strike on Wednesday, demanding higher wages, better benefits and safer working conditions.This strike comes after Kroger offered what it called its best and
The Kroger Co. (KR) and Nuro has expanded collaboration to continue redefining the customer experience leveraging autonomous vehicles with the introduction of Nuro''s

Kroger and Altria outperform on bruising market day

03:22pm, Monday, 10'th Jan 2022 Seeking Alpha
Kroger, Altria Group and Hormel Foods are the biggest gainers from the consumer stocks that are listed as part of the S&P 500 Index. Read more.

Kroger Co. Shares Near 52-Week High - Market Mover

12:10am, Monday, 10'th Jan 2022 Kwhen Finance
Kroger Co. (KR) shares closed today at 1.6% below its 52 week high of $48.89, giving the company a market cap of $35B. The stock is currently up 6.3% year-to-date, up 55.2% over the past 12 months, and up 60.9% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%. Trading Activity Trading volume this week was 4.6% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Discretionary industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 696.8% The company's stock price performance over the past 12 months beats the peer average by 1.0% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 61.5% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.
Over 28,000 pounds of ground beef were recalled by the US Department of Agriculture after samples tested positive for E. coli.
Kroger Co. (KR) shares closed 0.8% higher than its previous 52 week high, giving the company a market cap of $34B. The stock is currently up 4.1% year-to-date, up 49.3% over the past 12 months, and up 57.6% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 1.7%. Trading Activity Trading volume this week was 4.3% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 3.1% higher than its 5-day moving average, 6.3% higher than its 20-day moving average, and 13.5% higher than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Discretionary industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -2555.8% The company's stock price performance over the past 12 months lags the peer average by -1.7% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 60.2% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

3 Reasons Kroger Is a Smart Buy in 2022

03:15pm, Thursday, 06'th Jan 2022 The Motley Fool
The market still isn''t giving the company enough credit for a handful of bullish initiatives underway right now.

Kroger Co. Shares Near 52-Week High - Market Mover

03:35am, Thursday, 06'th Jan 2022 Kwhen Finance
Kroger Co. (KR) shares closed today at 2.0% below its 52 week high of $47.75, giving the company a market cap of $33B. The stock is currently up 2.0% year-to-date, up 46.6% over the past 12 months, and up 53.8% over the past five years. This week, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 0.1%. Trading Activity Trading volume this week was 31.1% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Discretionary industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 899.3% The company's stock price performance over the past 12 months lags the peer average by -9.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 57.6% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.
Kroger and Walmart sell BinaxNOW COVID rapid tests for $23.99 and $19.98 respectively, but some test kits are reselling for three times the price.
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