Ryan English, MBA, CFA, CPA, CFP®, recently spoke with Steve Watkins of the Cincinnati Business Courier about how Kroger is being impacted by Walmart’s grocery share gains. Below is an excerpt from the article:
The inflationary environment is helping Walmart make inroads, Ryan English, investment manager and shareholder at Kenwood-based investment advisory firm Foster & Motley, told me.
“Walmart has built its reputation on low prices and consumers could be looking to Walmart as inflation becomes more visible in their shopping carts,” English said. “They also continue to improve their Walmart+ membership offering, recently adding Paramount+ to it in order to more directly compete with Amazon Prime. However, the jury is still out whether this is at the expense of Kroger. Kroger has historically shown fairly stable market share and is heavily promoting their Boost membership offering too.”
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