Legendary investor Warren Buffett rarely invests in real estate, but it's a crucial piece of the strategy for many companies in his portfolio. Take Kroger Co. (NYSE:KR) as an example. Buffett added Kroger to his portfolio in 2019 and now owns a $2.9 billion stake. The company recently unveiled plans to expand its brick-and-mortar store base soon. Kroger has nearly 2,800 stores in the U.S. under different brand names, but it lags behind competitors like Walmart Inc., which has about 4,700 locatio
Kroger (KR) reachead $53.89 at the closing of the latest trading day, reflecting a -0.57% change compared to its last close.
Kroger Co (NYSE:KR) is one of the biggest retailers in the US that has become a household name across the country, thanks to its ever-growing private label collection, cheap prices and accessibility. There are over 2700 Kroger stores in the US. Kroger is in the process of clearing hurdles to complete its $25 billion acquisition […]