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Kroger Misses Third Quarter Sales Target, Fights To Keep Up Exponential Growth During Pandemic

Kroger Misses Third Quarter Sales Target, Fights To Keep Up Exponential Growth During Pandemic

by Ana Lucia Murillo | Dec 17, 2020

  Kroger is struggling to keep up with the rush of online grocery delivery that’s hitting supermarkets in the pandemic. The company saw a dip in digital sales compared to last quarter. It also missed its target for revenue. Kroger’s sales miss makes it clear that...
Kroger Hopes Massive Investment In Online Operation Will Ratchet Up Competition With Other Grocers

Kroger Hopes Massive Investment In Online Operation Will Ratchet Up Competition With Other Grocers

by Ana Lucia Murillo | Dec 10, 2020

  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. When the pandemic swept the...
Pandemic Pushes Online Grocery Sales Sky High, But Kroger Strategy Leaves Something To Be Desired

Pandemic Pushes Online Grocery Sales Sky High, But Kroger Strategy Leaves Something To Be Desired

by Ana Lucia Murillo | Nov 5, 2020

Online grocery shopping is booming in the pandemic. And with coronavirus cases rising in most parts of the country, it makes sense. Even Uber is getting into the online grocery delivery business as of this week. Kroger should be leading the charge as the biggest...
Facing a Short-Term Furlough? Don’t Forget To Prepare

Facing a Short-Term Furlough? Don’t Forget To Prepare

by Ana Lucia Murillo | Oct 18, 2020

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.  The University of Massachusetts and American...
Kroger Announces Location of New Fulfillment Center As Demand For Online Options Grows

Kroger Announces Location of New Fulfillment Center As Demand For Online Options Grows

by Ana Lucia Murillo | Oct 9, 2020

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. The 135,000-square-foot fulfillment center, which will be located outside of Detroit in...
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Investment Journal

Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.
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