Billionaire Ron Burkle just bought the Fresh and Easy chain from Tesco. Today's earnings report from Kroger affords a glimpse into the way these markets make money.
Food and Drink
Critics say Ralphs fobs off lower-quality products on low-income neighborhoods, but Ralphs says it varies what's on sale based on what customers buy.
Upscale grocer Whole Foods is opening a location in Detroit's Midtown neighborhood. The area is mostly poor, but many residents are excited to gain access to high-quality foods. Others aren't convinced that the store is catering to them.