Word: krogers
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...Robert G. Miller's job to rebuild it. Named Rite Aid chairman and CEO last week, Miller, 55, comes from the No. 2 job at Kroger, the nation's grocery powerhouse. To heal the drugstore giant, he'll have to regain confidence on Main Street and Wall Street: Rite Aid has been the biggest loser in the S&P 500 this year, with an 80% drop in its shares since January...
Miller, who transformed regional grocer Fred Meyer into a supermarket behemoth before it was sold to Kroger earlier this year, knows fixing Rite Aid will be an uphill battle, so he's bringing three top lieutenants to help him. "Bob really cares about the customer, and that wasn't always an attitude that pervaded Rite Aid," says Meredith Adler, analyst at Lehman Bros. "He's a talented manager and a real straight shooter...
...finished stocking up on 1[cent] stamps, here's another way to get rid of those dusty pennies. Just stop by a supermarket like Kroger or A&P, and drop your change (the silver stuff included) into a Coinstar machine, which gives you a voucher good for cash or groceries (less an 8.9% commission). To find a terminal, call...
...Kroger Senior Classic, ESPN...
Rooks noted that four out of seven national chains, including Kroger's, A&P and Safeway, are supporting...