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Stock impact report

Publix angers customers by removing convenient payment option [Yahoo! Finance]

Kroger Company (The) (KR) 
Last kroger company (the) earnings: 3/5 08:30 am Check Earnings Report
US:NYSE Investor Relations: ir.kroger.com
Company Research Source: Yahoo! Finance
As it struggles with weak sales growth, the grocery chain has decided to discontinue a yearslong payment option that made grocery shopping more seamless for customers, sparking criticism from shoppers who relied on it. After seeing comparable-store sales increase 6% year over year in the second quarter of 2025, Publix's sales growth has since slowly dipped. In the third quarter, its comparable sales increased by 3.4%, and in the fourth quarter, it spiked by a mere 0.7%, according to its latest earnings report The company said the slow sales growth during the fourth quarter, compared to the same quarter in 2024, was mainly due to the high demand it faced in October 2024 from Hurricane Milton. Many U.S. consumers have also been more cautious about their spending as they face higher prices for essential goods due to inflation . A survey from Swiftly in December found that 68% of Americans struggle to afford groceries. Also, 65% said rising food prices have impacted how they shop Show less Read more
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