KROGER STOCK FALLS AMID DE­FLA­TION, PRICE WAR

USA TODAY US Edition - - MONEY -

Kroger’s stock plunged nearly 19% on Thurs­day as it bat­tled food de­fla­tion and a grow­ing price war with com­peti­tors. The su­per­mar­ket chain re­ported a $303 mil­lion profit that slightly beat fore­casts, but it cut its an­nual profit out­look by 10%.

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