• September 2, 2021

Kroger CEO: I am not buying any more cattle

Kroger said Friday that it has purchased nearly 5 million acres of beef, pork and lamb from a U.S. feedlot that it acquired in January.

The move is the first step toward a more sustainable future for Kroger, which has seen a recent uptick in sales of beef and pork from its feedlot.

“This is an investment that’s going to make Kroger an even better place to do business and a better place for our customers,” Kroger Chief Executive Robert Samuels said.

“We’re excited to have the opportunity to use the vast amount of resources at our feedlot to build a new and better future for our consumers.”

Kroger will buy the feedlot from American Cattlemen and Beef for about $5.2 billion, according to Bloomberg.

The purchase comes as Kroger is expanding its operations in the Midwest and Northeast to meet a growing demand for its products, including beef and lamb.

The company also plans to add more feedlot capacity in the next few years.

The acquisition will create a “super-sized, super-green, super efficient, super sustainable and super secure” Kroger and will be one of the first companies in the industry to buy feedlot land, said Joe Tumlinson, Kroger’s executive vice president for global corporate strategy.

“It’s the largest purchase of feedlot and grassland in U.s. history,” TumLinson said in a statement.

“Kroger is committed to a future of higher quality and healthier, more environmentally responsible livestock production.”

The purchase also comes amid a growing backlash against meat in the U.K. as the country grapples with rising levels of obesity, and an intensifying climate change push that is pushing farmers to find more ways to farm.

Kroger shares fell 7% to $68.79 in afternoon trading Friday, with the price tag expected to fall even further after the news broke.

Sponsor Partner

바카라 사이트【 우리카지노가입쿠폰 】- 슈터카지노.슈터카지노 에 오신 것을 환영합니다. 100% 안전 검증 온라인 카지노 사이트를 사용하는 것이좋습니다. 우리추천,메리트카지노(더킹카지노),파라오카지노,퍼스트카지노,코인카지노,샌즈카지노(예스카지노),바카라,포커,슬롯머신,블랙잭, 등 설명서.카지노사이트 - NO.1 바카라 사이트 - [ 신규가입쿠폰 ] - 라이더카지노.우리카지노에서 안전 카지노사이트를 추천드립니다. 최고의 서비스와 함께 안전한 환경에서 게임을 즐기세요.메리트 카지노 더킹카지노 샌즈카지노 예스 카지노 코인카지노 퍼스트카지노 007카지노 파라오카지노등 온라인카지노의 부동의1위 우리계열카지노를 추천해드립니다.2021 베스트 바카라사이트 | 우리카지노계열 - 쿠쿠카지노.2021 년 국내 최고 온라인 카지노사이트.100% 검증된 카지노사이트들만 추천하여 드립니다.온라인카지노,메리트카지노(더킹카지노),파라오카지노,퍼스트카지노,코인카지노,바카라,포커,블랙잭,슬롯머신 등 설명서.