EARNINGS: Billion-Dollar Checkout

Monday, Feb. 23, 1953
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The Billion Dollar Club of U.S. Corporations last week welcomed a new member. In 1952, for the first time, the sales of Kroger Grocery Co. topped $1 billion, and its earnings rose from $9,000,000 to $12 million. Kroger's chain of 1,891 stores in 19 Midwest states thus became the 26th U.S. company with annual sales of more than $1 billion.

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