Kroger CEO: Customers will have meat during the coronavirus pandemic, so long as they are 'flexible'

France Nouvelles Nouvelles

Kroger CEO: Customers will have meat during the coronavirus pandemic, so long as they are 'flexible'
France Dernières Nouvelles,France Actualités
  • 📰 CNBC
  • ⏱ Reading Time:
  • 70 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 72%

Customers will find something to buy if they’re “flexible on eating between chicken, pork and beef,” Kroger CEO Rodney McMullen said.

"If you're flexible on eating between chicken, pork and beef, we constantly have one of those items or two of those — and usually three," he said. "We're working with all of our meat suppliers, figuring out how to get products that were diverted to restaurants before to get diverted to our stores. We're working with new suppliers. And it's one of those things where on a daily basis, our teams are working 24/7 finding product and getting it there for our customers.

Kroger is the parent company of numerous grocery chains, including Fred Meyer. It has nearly 2,800 food stores across 35 states and the District of Columbia. It is one of the grocers that are limiting customers' meat purchases to prevent hoarding. Customers can purchase a combined total of two ground beef, fresh pork and fresh chicken products.

Meatpacking plants have become hotbeds of the coronavirus during the pandemic. Many have temporarily shut down because of sick workers or to reconfigure the way they process meat to keep workers safe. For grocery stores, that's led to reduced supply and less variety. McMullen said it's tried to keep prices stable, even as some of its costs rise. For example, he said, stores have continued to do promotions every week during the pandemic, "trying to help customers stretch their budget every way we can."

Along with having less meat in stores, McMullen said the pandemic has led to more online shopping and increased sales of certain items, such as baking supplies. He said yeast sales, for example, are up 600%."People are baking together as a family and they're enjoying it and they're connecting with their children in ways different than they had before because they were so busy," he said. "People are telling us they plan to keep doing that as things open back up.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

CNBC /  🏆 12. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Cloudflare CEO Is A New BillionaireCloudflare CEO Is A New BillionaireMatthew Prince, cofounder and CEO of infrastructure and security company Cloudflare, zoomed into the billionaire ranks today after the company's stock hit an all-time high by AngelAuYeung
Lire la suite »

'It was suddenly Cyber Monday' — Etsy CEO says sales spiked 79% in April'It was suddenly Cyber Monday' — Etsy CEO says sales spiked 79% in April'When the CDC changed its [face mask] guidelines ... we all of a sudden saw overwhelming amounts of demand come on to our site,' Etsy CEO Josh Silverman told CNBC.
Lire la suite »

CEO Van Raemdonck on Neiman’s Bankruptcy and What Lies AheadCEO Van Raemdonck on Neiman’s Bankruptcy and What Lies AheadThe executive says the luxury retailer’s “transformation” strategy will continue and has been yielding results.
Lire la suite »

Uber shares shoot up after CEO says ride volume is increasing again after April bottomUber shares shoot up after CEO says ride volume is increasing again after April bottomUber reported first-quarter earnings on Thursday, and while the company lost $2.9 billion during the quarter, the stock rose after hours on optimistic comments from CEO Dara Khosrowshahi.
Lire la suite »

McDonald's CEO says he is confident in the company's meat supply chainMcDonald's CEO says he is confident in the company's meat supply chain'Right now we feel good about our situation, but it really is a day-to-day status and we're monitoring it,' McDonald's CEO Chris Kempczinski tells GMA.
Lire la suite »

Payments giant Fiserv names Bisignano to succeed Yabuki as CEOPayments giant Fiserv names Bisignano to succeed Yabuki as CEOPayments giant Fiserv Inc said Thursday that Frank Bisignano would become the company's chief executive on July 1, with long-time head Jeffery Yabuki remaining on as executive chairman until the end of the year.
Lire la suite »



Render Time: 2025-03-11 04:55:43