Thesis: Amid signs of softening consumer spending, I believe value-oriented chains, like Kroger, are well-positioned to maintain steady performance. Kroger’s private labels, in particular, could do well in the months ahead by helping consumers save money (while bolstering KR’s bottom line).Markets rise and fall, booms come and go, and the world keeps ticking. Ultimately, I believe observing megatrends, as difficult as they can be to spot, let alone fully comprehend, can yield insights into the advance of hu ...