Kroger Turns to UK Online Grocer to Lift Its Digital Business - http://ezmoneyonlinefromhome.com | how to make money onlineMay 17, 2018 1:48 pm
Categorised in: Breaking Financial News
Kroger Co. is investing in a British online grocer as the U.S.’s largest supermarket chain seeks to compete with Amazon.com Inc.’s expanding food-retail operation and Walmart Inc.’s digital deals.
Kroger has agreed to raise its stake in Ocado Group PLC, bringing its total investment in the U.K. company to more than 6%, and license technology to run automated warehouses and make online deliveries to customers. The companies will find three locations for new warehouses this year and said they would find locations for a total…