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They didn't lose money because of their grocery operations. Those margins have increased slightly.

They lost money because of their grocery delivery operations.

Their margins have increased slightly if you ignore the part where their efforts at grocery fulfillment blew up.

Just because an industry is essential doesn't mean that every firm in it makes money.

I agree, all kinds of grocery stores have failed over the years. Kroger's just isn't a good example of a failing store for a lot of reasons. They aren't a stellar investment, but they are also up from 1 year ago and 5 years, so investor's don't look like they agree with your summary of the business.

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