By Sam Silverstein and Catherine Douglas Moran
Source: Grocery Dive
Kroger’s new, permanent CEO gave investors a detailed account of the grocer’s standing during the company’s earnings call last week and outlined the areas it needs to address in order to improve its sales growth.
Greg Foran, who took on the top spot at Kroger last month after most recently serving as CEO of Air New Zealand, made an aviation analogy when describing how he views Kroger’s prospects.
“We’ve got to think about how we gradually take this Boeing 787 at 42,000 feet and just glide path it in and keep everyone on an even keel and land this plane safely,” he said. “But the objective is to do that and to win. We didn’t come and invest in all this so that we can come in second.”