Kroger closes stores, while United Food and Commercial Workers kept workers on the job during pandemic
Over the course of the past year, while more than 35 million Americans have contracted coronavirus and 625,000 have died, corporate share values have risen to their highest levels in history. One company which has done particularly well is grocery chain Kroger. According to its website, its total sales were $132.5 billion in 2020, up from $122.3 billion in 2019. Excluding fuel and dispositions, total sales grew 14.2 percent.
This money has not been funneled into higher wages or better safety precautions for Kroger workers but has been funneled back into the pockets of Kroger’s shareholders. Last year, Kroger returned $1.9 billion to shareholders, repurchased $1.32 billion of shares in 2020 under its board authorizations, and increased the dividend by 13 percent, from $0.64 to $0.72 per year. 2020 was the fourteenth consecutive year of dividend increases, resulting in a payout of
Mars Food, The MolinaCares Accord, and Kroger Delta Division Partner to Improve Access to Healthy Foods in Mississippi Delta
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Kroger to close 3 Arkansas stores due to struggling sales
thv11.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thv11.com Daily Mail and Mail on Sunday newspapers.
Kroger Closes Stores, Edwards to Prevent New Food Desert
arkansasbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arkansasbusiness.com Daily Mail and Mail on Sunday newspapers.