U.S. Markets open in 9 hrs 24 mins
  • S&P Futures

    4,110.00
    -13.00 (-0.32%)
     
  • Dow Futures

    33,893.00
    -103.00 (-0.30%)
     
  • Nasdaq Futures

    13,166.50
    -45.50 (-0.34%)
     
  • Russell 2000 Futures

    2,201.70
    -6.20 (-0.28%)
     
  • Crude Oil

    64.72
    -0.77 (-1.18%)
     
  • Gold

    1,870.10
    +2.10 (+0.11%)
     
  • Silver

    28.15
    -0.19 (-0.66%)
     
  • EUR/USD

    1.2235
    +0.0009 (+0.0734%)
     
  • 10-Yr Bond

    1.6420
    +0.0020 (+0.12%)
     
  • Vix

    21.34
    +1.62 (+8.22%)
     
  • GBP/USD

    1.4189
    +0.0002 (+0.0142%)
     
  • USD/JPY

    108.9250
    +0.0350 (+0.0321%)
     
  • BTC-USD

    40,585.05
    -4,514.54 (-10.01%)
     
  • CMC Crypto 200

    1,123.75
    -129.40 (-10.33%)
     
  • FTSE 100

    7,034.24
    +1.39 (+0.02%)
     
  • Nikkei 225

    27,992.97
    -413.87 (-1.46%)
     

Kroger Kicks Off In-House Home Delivery: Should REITs Rejoice?

Marc Rapport, The Motley Fool
·4 min read
  • Oops!
    Something went wrong.
    Please try again later.

Kroger (NYSE: KR) has now gone live with a revved-up bid to take on Amazon (NASDAQ: AMZN), Walmart (NYSE: WMT), and other fierce competitors in the fast-growing online grocery delivery business. The company's new service relies on robots doing their thing in highly automated warehouses, beginning with a 375,000-square-foot facility that already has soft-launched about 30 miles north of Kroger's Cincinnati headquarters, and on Kroger employees doing the deliveries themselves. "It's another piece -- a critical piece -- to serving our customers anywhere they want, whenever they want," Kroger CEO Rodney McMullen says in an article posted today by The Enquirer after he gave the hometown newspaper a tour of the facility.