Mike Schlotman - The Kroger Company
Last quote by Mike Schlotman
Anytime you're in the transition period, whether going from inflation to deflation, or deflation back to inflation, it just takes a while for all those nuances to find their way to the shelf edge. So that makes it a little bit choppy in the short run.feedback
The latest quote from Mike Schlotman is: “In the quarter, we had about 20 basis points of deflation, excluding fuel. That was a little bit less deflation than the prior year and the prior quarter. But keep in mind that's deflation on top of deflation.”. It comes from the Kroger sinks 13% on outlook warning; CFO blames deflation and competition article. You’ll find on this page 4 articles with Mike Schlotman quoted on topics such as Kroger, price and store. Mike Schlotman has been quoted 4 times in 4 articles.
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Quotes by Mike Schlotman
Jun 15 2017
In the quarter, we had about 20 basis points of deflation, excluding fuel. That was a little bit less deflation than the prior year and the prior quarter. But keep in mind that's deflation on top of deflation.feedback
Dec 09 2016
It's another competitor out there and we've certainly done things inside our stores. Our average wait time before you start checking out at a Kroger store is almost 3-1/2 minutes lower than it was a few years ago by a one-time investment in technology.feedback
Aug 04 2016
Meat had been inflationary for so long, retail prices have gotten to a point where people stop buying as much and price points are now more attractive and people are buying more.feedback
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