Kroger CEO Talks Earnings, Digital Growth And Food Prices

Grocery chain Kroger Co (NYSE: KR) reported first-quarter results, highlighted by changing trends that are likely to result in permanent habits, Kroger CEO Rodney McMullen said on a Fox Business interview.

Kroger reported quarterly earnings of $1.22 per share, which beat the analyst consensus estimate of $1.09 by 11.93%. The company reported quarterly sales of $41.55 billion, which beat the analyst consensus estimate of $40.72 billion by 2%.

Digital Growth: Kroger reported a 92% increase in digital sales during the quarter as many consumers chose to place orders online for delivery or pickup, McMullen said. To best satisfy the growth, Kroger hired 40,000 new employees to work on the digital side of the business.

Regardless of how consumers interact with Kroger, the company is seeing a new trend playing out as families are cooking together more often, he said. Over time, this could transform into new habits

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Want to drastically improve your cooking? Get the right types of salt and use them well

 <span class="copyright">(Hanna Carter / For The Times)</span>
(Hanna Carter / For The Times)

Salt is often the difference between a good dish and great dish. To season with it right and well, it’s helpful to understand the different types of salts and the best ways to use them.

Where does salt come from?

True “sea salt” is harvested from shallow marshes, ponds or other low-lying areas. It comes from either sunshine and wind evaporating the water and leaving behind the salt or from raking salt off the surface of still water.

Other cooking salts come from solution mining. After water dissolves salt deposits, the brine solution is evaporated and purified. The salt left behind is then dried and refined, ending up as almost entirely sodium chloride.

The harvesting and processing determine the shape, size and taste of cooking salts. Here’s a guide to the most commonly used types:

Kosher Salt

Diamond Crystal Kosher Salt: My go-to salt

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Padma Lakshmi Embedded With Immigrant Chefs to Tell the Real Story of American Food

Photo credit: Hulu
Photo credit: Hulu

From Esquire

Photo credit: Hulu
Photo credit: Hulu

You’d be hard-pressed to find a longer resume in the world of food journalism—or even entertainment—right now than that of Padma Lakshmi. An Emmy-winning TV host, she’s also a cookbook author, a venerable producer, and a powerful activist. Her reign on Top Chef as a host and a judge, plus an EP, is nearing 15 years, and in 2009, she co-founded the Endometriosis Foundation of America. She works with both the United Nations Development Program and serves as an ambassador to the ACLU. And if you’re wondering who currently serves as the mayor of Twitter, look no further than her inspiring, occasionally incendiary, feed.

It’s an incredibly wide range, and it all informs her addictive, compelling new show, Taste the Nation. The 10-episode series, which she developed, produced, and hosts, debuts Thursday on Hulu. The driving question, as

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Scoop Up 5 Stocks That Tap the Packaged Food Industry Upturn

Packaged food industry is riding the wave of coronavirus as the pandemic massively impacted its consumers’ dietary behaviour. Demand for packaged food and beverages is witnessing a sharp increase as lockdown prompted shoppers to panic buy all packaged food items.

Over the last few years, this consumer-driven industry underwent copious shifts, courtesy of the ever-changing demands of buyers and substantial innovations. Rise of health-conscious consumers dented demand for processed food and fuelled organic food market growth. However, processed food appears to have staged a comeback amid the COVID-19 quarantine. Restaurants unable to open their doors due to social distancing forced consumers to order online and dine at home. Millennials, who are otherwise less brand loyal, are now returning to trusted brands and comfort food. Home-cooked food is now considered safer than junk items. High unemployment rate and restricted travel are also boosting the sales of packaged food. Thus, coronavirus is

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