1. Channel: Grocery

Kroger slows rollout of automated warehouses

Written by Posted on Less than 0 min read

Kroger remains committed to opening automated warehouses with Ocado even though it has only opened or planned 16 of the 20 it said it planned to open. “They expect to have loads of these warehouses. But when you do something new, you need to make it work really well before you scale it up massively,” said Ocado CEO Tim Steiner.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Shopper & Customer

Consumers have cut spending on experiences

Americans have begun pulling back spending on flights, hotels and restaurants in a sign that they are looking to find ways to cut costs in inflationary times. “We are seeing a broadening economic slowdown,” said Lydia Boussour, senior economist at EY-Parthenon. “It started with the housing sector, then manufacturing. And now we’re seeing service activity… […]
< 1 min read
0
  1. Shopper & Customer

Starbucks’ CEO Moonlighted as a Barista. He Burned His Hand on a Sandwich and Had an Egg Bite Explode in Front of a Customer — And Now He’s Making 5 Key Changes.

Starbucks CEO Laxman Narasimhan took on shifts as a barista in preparation for his new role, encountering rookie blunders like a bursting egg bite and burning his hand on a hot sandwich. His experiences highlighted areas for operational improvements, including simplifying cup and lid combinations and ensuring breakfast sandwich availability. While Starbucks employees are in… […]
< 1 min read
0
  1. CPG: Food

Delta Air Lines’s Special Eclipse Flight Fails

On April 8, Delta Air Lines took to the skies with two exclusive flights aimed at chasing the solar eclipse from Austin and Dallas to Detroit. However, passengers were left without the anticipated full eclipse experience they were promised as part of the special flight package. View Original Article Mars Inc. RetailWire Member since October […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon is looking for ways to cut costs

Amazon.com is going through a review of its unprofitable businesses to see where it can make cuts. The company has begun reducing the number of teams it operates in units such as retail and robotics. “Experimentation and running with too many things that don’t generate a return is no longer a luxury Amazon can afford,” […]
< 1 min read
0
  1. Corporate Finance

Kroger raises profit forecast

By Deborah Mary Sophia (Reuters) – Kroger (NYSE:KR) Co on Thursday reported bumper quarterly results and forecast annual profit above Wall Street estimates, as the U.S. grocer bets on higher food prices and embarks on cost-cutting measures across its digital business and supply chain. The supermarket chain’s shares rose 3% as the outlook took Wall […]
2 min read
0
4
  1. Channel: Delivery

Instacart Is Going Public. For Real, This Time.

Grocery delivery company Instacart is reportedly gearing up to go public in an initial public offering (IPO) as early as September, according to Bloomberg. While the company has previously attempted to go public several times, this new move comes amid a decline in demand for grocery delivery services, with online grocery sales in the U.S…. […]
< 1 min read
0
  1. Channel: Grocery

H-E-B Recalls Ice Cream Cups Due to Metal

The popular frozen treat has been pulled from store shelves in a voluntary company recall. View Original Article HEB Dept. Frozen Regional Grocery RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that […]
< 1 min read
0
  1. Channel: Grocery

Kroger and Albertsons plan to divest stores to get FTC merger approval

Kroger and Albertsons are looking at selling between 250 and 300 stores in a strategy to gain approval from the Federal Trade Commission for their planned merger. The two supermarket giants operate 4,996 stores combined. View Original Article Strategy Brick and Mortar Government Mergers Divestitures Editor's Choice Albertsons / Safeway Kroger RetailWire Member since October […]
< 1 min read
0
  1. Stores & Formats

Claire’s to open shops inside 21 Macy’s stores

Macy’s said that it will open Claire’s store-within-a-store concepts inside 21 of its locations. The move is part of the department store’s plans to broaden its customer base. The chain recently opened Toys “R” Us shops inside all its stores. View Original Article Brick and Mortar Shoppers Dept. Nonfood Dept. Toys & Games RetailWire Member […]
< 1 min read
0
  1. Corporate Finance

Toy store says its money is tied up in SVB debacle

Camp, a toy retailer backed by venture capital, sent an email to customers last week saying that it was slashing prices to raise enough money to continue operating its business after its money got tied up in the Silicon Valley Bank failure. Customers can use the “BANKRUN” promotional code to save 40 percent on all […]
< 1 min read
0
  1. Channel: Grocery

Shareholders tell Kroger to reveal median pay by race and gender

It’s no secret that company activity can affect its stock prices, and that’s why there’s a possibility that a recent shareholders meeting might do just that.  And Kroger is no exception to that. This comes at a time where this already plenty of controversy over an ongoing Kroger Albertsons merger. According to USAtoday, “Kroger shareholders on Thursday approved a […]
< 1 min read
0
  1. Uncategorized

Uber and Lyft Threaten To Exit Minneapolis Over Minimum Wage Motion

Minneapolis is at the heart of heated discussions around two pivotal questions in the ride-hailing industry: How much money do Uber and Lyft drivers make, and what minimum pay should they be guaranteed? View Original Article RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the […]
< 1 min read
0
  1. Media & Marketing

Elon Musk and Tesla To Unveil Robotaxi in August

Will this long-talked-about vehicle come to fruition this year? View Original Article Marketing: Social Media RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Carl Icahn Reveals Stake in JetBlue Amidst Merger Fallout

Billionaire investor Carl Icahn’s firm, Icahn Enterprises, has disclosed ownership of 33.62 million shares of JetBlue Airways, amounting to a significant 9.91% stake. View Original Article Mergers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years […]
< 1 min read
0
  1. International

Taco Bell tests new Mexican Pizza items

Taco Bell is testing two new varieties of its popular Mexican Pizza including a Cheesy Jalapeño Mexican Pizza in Oklahoma City and a Triple Crunch Mexican Pizza in Omaha. The restaurant chain sold 20 million Mexican Pizzas after it put the item on the menu in May. View Original Article Restaurants International - North America […]
< 1 min read
0
  1. Channel: Delivery

DoorDash Lifts Core Profit Target for Second Time on Higher Orders

DoorDash has raised its annual core profit forecast for the second time and reported upbeat quarterly revenue due to increased demand for groceries and food orders. The delivery firm’s revenue reached its highest level since its IPO in December 2020, as people continue to buy from home even after the pandemic, attracted by promotions, deals,… […]
< 1 min read
0
  1. Media & Marketing

Meta’s Investment Plans Rattle Investors

Mark Zuckerberg’s recent announcement about Meta’s spending plans left investors concerned. View Original Article Results & Investment Meta (Facebook) RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional […]
< 1 min read
0
  1. Channel: Restaurants

Starbucks Collaborates With Artist Damon Brown

Starbucks has revealed a special collection of cups made in collaboration with artist Damon Brown. View Original Article Restaurants RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional […]
< 1 min read
0
  1. Department: HBC

Virgin Galactic Sued by Boeing Over Trade Secrets

Aerospace company Boeing has taken space tourism startup Virgin Galactic to court, alleging theft of trade secrets and failure to cough up $25 million for their collaboration on a new “mothership” to ferry a sightseeing vessel into space. View Original Article Dept. OTC Legal & Criminal RetailWire Member since October 25, 2020 Loading + Follow […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Sonic the Hedgehog’s parent to acquire Angry Birds

Sega has reached a $774 million deal to acquire Rovio Entertainment, the maker of the Angry Birds game and franchise. “Among the rapidly growing global gaming market, the mobile gaming market has especially high potential, and it has been Sega’s long-term goal to accelerate its expansion in this field,” said Haruki Satomi, the CEO of […]
< 1 min read
0
Next