Kroger Cuts Prices on 1,000 Items While Closing Stores and Eliminating Jobs — What It Means for ‘Frustrated’ Consumers Kroger Cuts Prices on 1,000 Items While Closing Stores and Eliminating Jobs — What It Means for ‘Frustrated’ Consumers

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About 61% of Americans report feeling stressed about paying for groceries, according to a recent LendingTree survey. Kroger, the nation’s second-largest grocery retailer, is betting big on aggressive cost-cutting measures to bring prices down and win back budget-conscious shoppers. What are the moves and motivations behind Kroger’s plans? Kroger’s interim CEO, Ronald Sargent…