Articles

Twitter icon
Facebook icon
Google icon
LinkedIn icon

Kroger Aims to Sell Convenience Stores

Kroger Co. said it may sell its convenience stores and cut other costs, as the nation's largest traditional grocer battles Amazon.com Inc. and other new competitors.
 The nearly 800 convenience stores, most of which sell gas, will likely fetch Kroger a higher return than profits delivered to the company currently, executives told investors at an annual meeting Wednesday at the New York Stock Exchange.

Restaurants Like This Debt Flavor

Restaurant chains are turning to complex debt deals that lower their borrowing costs, but at the price of control over their most valuable assets.
 This summer, Domino’s Pizza Inc. sold $1.9 billion of bonds backed by essentially all of its revenue streams, including payments from franchisees, intellectual property and license and