Kroger was downgraded by Jefferies to hold from buy due to what it believes was a key mistake: investing in centralized fulfillment centers instead of micro-fulfillment. …
“Kroger is thrilled to introduce our first food hall and offer a one-of-its-kind shopping experience in our hometown of Cincinnati, providing a convenient location to experience delicious, quality meals and foods. This innovative destination highlights Kroger’s food-first culture,” said Rodney McMullen, Kroger’s chairman and CEO. …
“Kroger is incredibly excited to construct one of our industry-leading Customer Fulfillment Centers in Dallas, Texas — one of the largest cities in America — in relationship with Ocado to bring fresh food to our customers faster than ever before,” said Robert Clark, Kroger’s senior vice president of supply chain, manufacturing and sourcing. …
Kroger Co on Thursday raised doubts about its profit targets from an ongoing turnaround plan, even as the supermarket chain operator posted a better-than-expected quarterly profit, helped by its investments in delivery and online operations. …
Now through September 17, customers can support Zero Hunger | Zero Waste, Kroger’s bold vision to end hunger in the communities it serves and eliminate waste across the company by 2025, by redeeming exclusive digital coupons from Kroger.com or the Kroger mobile app. …
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