Kroger disputes a claim the deal will bring higher prices and lower worker wages.
 

Earnings multiples for the sector in early 2024 are lower than historical averages.

Foley to fill in for Millerchip, who has left the company.

Intend to reformulate bakery products.

Kroger, Puratos, AB Mauri and Bay State Milling represented. 

As consumers pull back on spending, retailer is putting greater focus on value.

The announcement was made at the Bundy Baking Museum, the home of the Hall of Fame. 

Creates 15 full-time jobs in Kentucky with $24 million investment.

Brand includes more than 50 products across several categories.
 

Consumers seek lower price points, CEO says.