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Stock impact report

Kroger to close 3 automated fulfillment facilities across multiple US states [USA TODAY]

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Company Research Source: USA TODAY
The grocery giant said in a news release that it will shutter the centers in Pleasant Prairie, Wisconsin, Frederick, Maryland, and Groveland, Florida, in January. The company added that it will monitor the performance of the remaining centers it operates with British online supermarket and technology group Ocado. "We are taking decisive action to make shopping easier, offer faster delivery times, provide more options to our customers, and we expect to deliver profitable sales growth as a result," Ron Sargent, Kroger Chairman and CEO, said in the release. Kroger expects the closures to have no impact on its core sales and claims it will increase its e-commerce operating profit of about $400 million in 2026. The company stated that it has strengthened partnerships with online grocery and food delivery firms, including Instacart, DoorDash, and Uber Eats, as part of its efforts to rework its e-commerce strategy. "eCommerce remains a core part of serving customers who want better va Show less Read more
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