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Tieber, along with the Sweetwater Valley Civic Association, created a committee to lobby the county and SANDAG for help. They plan to meet with Supervisor Greg Cox on August 14. 177
There was significant trepidation among senior GOP aides before Wednesday night's dinner that Trump would make concessions to Democrats on DACA. Behind the scenes, Republican leadership has been crafting a plan and process to get address the issue while also getting the conference comfortable with the extent of the border security money and resources they planned on securing for any deal. 391
To celebrate National Ugly Holiday Sweater Day on Friday, Dec. 21, Alaska Airlines passengers donning their festive sweaters will be able to board their flights early. 167
To reach Mars, InSight cruised 301,223,981 miles at a top speed of 6,200 mph, while being followed by two cube satellites. The suitcase-size spacecraft, called MarCO, are the first cube satellites to fly into deep space. MarCO will try to share data about InSight when it enters the Martian atmosphere for the landing."We've studied Mars from orbit and from the surface since 1965, learning about its weather, atmosphere, geology and surface chemistry," said Lori Glaze, acting director of the Planetary Science Division in NASA's Science Mission Directorate. "Now we finally will explore inside Mars and deepen our understanding of our terrestrial neighbor as NASA prepares to send human explorers deeper into the solar system." 729
These map suggests Kroger could expand its reach if it joined forces with Target, gaining access to new customers in Florida, the Gulf Coast and the Northeastern United States. A review of company disclosures by Scripps station WCPO in Cincinnati shows Target has more than 500 stores in 15 states where Kroger does not currently have a presence. By contrast, there are 16 states where Kroger has at least three times more supermarkets than Target stores. In other words, at least in terms of real estate, a merger might make sense. On the surface there are some pros and cons,” said Joe Edelstein, equity analyst for Johnson Investment Counsel.Beyond the geographic gains, Edelstein said the business models of Kroger and Target are complementary. Kroger generates the bulk of its revenue from groceries, Target from general merchandise like apparel and home goods. “Combining the traffic-driving nature of groceries with general merchandise certainly could help make the combined company more competitive in the long run,” Edelstein said.The combined companies would have more than 4,600 stores, nearly 850,000 employees and revenue approaching 0 billion. Walmart’s still much bigger, with 0 billion in 2017 revenue. But Edelstein said a combined Kroger and Target would be able to gain some additional buying power with its increased scale. That would improve its prospects against Amazon, which is growing rapidly in both groceries and general merchandise.But the companies would also face new complexities in its merchandising approach. The average Kroger store generates about million a year from grocery sales; the average Target, about million.“To bring Target grocery up meaningfully, you’d have to displace those higher-margin categories like apparel or just other general merchandise,” he said. “That would negatively impact profitability.”Debt is another problem. Kroger has more than billion on its balance sheet, Target more than billion. Because Target is the bigger company with billion in market value, compared to Kroger's billion, it would likely be the acquiring company. But the amount of new debt it would take to accomplish that could threaten the investment-grade debt ratings both companies are trying to maintain.“It probably couldn’t be an all-cash deal financed by debt,” Edelstein said. “I think that would push leverage to levels that the deal would become junk status. That may not be palatable to investors of either company.”That’s why many have moved on from the tantalizing speculation of a Kroger-Target merger. Morningstar analyst John Brick declined to comment on the topic because a deal is not likely to happen. Morningstar forwarded an October report in which Brick outlined his expectation that Kroger would pursue “fill-in acquisitions” that don’t strain the balance sheet.“We also believe the company could continue to make acquisitions to enter new markets, but given the prudence Kroger has exhibited in its past pursuits, we don’t think any deals would weigh unduly on the company’s financial position,” he wrote. 3118