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Kroger Turns to UK Online Grocer to Lift Its Digital Business

Kroger Co. is investing in a British online grocer as a U.S.’s largest supermarket sequence seeks to contest with Amazon.com Inc.’s expanding food-retail operation and Walmart Inc.’s digital deals.

Kroger has concluded to lift a interest in Ocado Group PLC, bringing a sum investment in a U.K. association to some-more than 6%, and permit record to run programmed warehouses and make online deliveries to customers. The companies will find 3 locations for new warehouses this year and pronounced they would find locations for a total…

Article source: https://www.wsj.com/articles/kroger-turns-to-u-k-online-grocer-to-lift-its-digital-business-1526564898

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