Company Insights
Kroger Misses Third Quarter Sales Target, Fights To Keep Up Exponential Growth During Pandemic
Kroger is struggling to keep up with the rush of online grocery delivery that’s hitting supermarkets in the pandemic.
Reporter
Ana Lucia Murillo
Company Insights
Kroger Hopes Massive Investment In Online Operation Will Ratchet Up Competition With Other Grocers
Knowing that online shopping had to be part of its future, Kroger in 2018 had announced a plan to build robotic customer fulfillment centers across the country through an exclusive partnership with British online-only grocer Ocado.
Company Insights
Pandemic Pushes Online Grocery Sales Sky High, But Kroger Strategy Leaves Something To Be Desired
Online grocery shopping is booming in the pandemic. And with coronavirus cases rising in most parts of the country, it makes sense.
Personal Finance
Facing a Short-Term Furlough? Don’t Forget To Prepare
By: Ana Lucía Murillo Permanent layoffs are becoming more common more than half a year into the pandemic, but some companies are continuing to use short-term, temporary furloughs to avoid more drastic budget cuts.
Company Insights
Kroger Announces Location of New Fulfillment Center As Demand For Online Options Grows
National grocery chain Kroger announced the location of its newest fulfillment center this week, in a move that shows a significant investment in the booming area of e-commerce.
Stocks
In The Pandemic, Grocery Stocks Are Thriving – But How Long Will That Last?
Stock prices for three of the biggest grocery stores in America have soared over the past six months, outperforming the S&P 500.