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Daily QuickWit (12/9) – Top Retail News of the Day

Kroger adds another Ocado shed in North Carolina

Another shed announced, another geography Kroger has selected for their automated expansion. This time Concord, North Carolina was chosen – not far from Charlotte (Carolina’s largest city), a vibrant grocery market where the supermarket operator faces competition from a range of competitors, from Publix to Food Lion. It will still be two years until this facility opens, but Kroger already has opened locations in Groveland, Florida and Monroe, Ohio. They have already announced plans to open sites in Wisconsin, Maryland, Atlanta, Detroit, California, Dallas and Phoenix.

Jewel-Osco to open micro-fulfillment center

Following suit, Jewel-Osco unveiled their plans for a 20,000-square-foot e-commerce facility, located next to its store in Westmont, Illinois. “We are the first grocery retailer in Illinois to offer this omnichannel solution to our customers,” Jewel-Osco President Mike Withers said in a statement. “The MFC will process orders more efficiently and expeditiously, with all the products our customers expect to find when shopping with us.” Powered by technology from automation specialist Takeoff Technologies, the MFC is an artificial intelligence-driven rack-and-tote system that prepares grocery orders for delivery or pickup. More than 6,000 totes ferry products from their spaces inside the Takeoff storage system to elevators that move the containers to a decanting area for sorting. Items from the adjacent Jewel-Osco stores also are added as needed to complete customer orders.

CVS increases focus on health care services

CVS Health said its sales will accelerate in the year ahead, as it offers more health-care services and combines its drugstores and insurance business. CVS looks to offer more services at drugstores and customers’ homes to make health care more affordable and convenient. About 85% of Americans live within 10 miles of a CVS store. Each day, the company said about 4.5 million consumers visit those stores. Certainly a lot of opportunity for growth!

In a wild year, GameStop posts loss

After making some wild headlines earlier this year, as their stock price went for a wild ride, GameStop has posted losses for three consecutive years. The gaming retailer saw its loss widen in the latest quarter despite making gains on driving sales. Leadership at the retailer says it is making progress on refocusing its business on digital sales and customer service. It added two new fulfillment centers in recent months.

 

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