Kroger to close 3 e-commerce fulfillment facilities [Yahoo! Finance]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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Source: Yahoo! Finance
The soon-to-be-shuttered facilities are in Opa-locka in South Florida, and San Antonio and Austin, Texas. “Despite our best efforts, including the support from new customers, learnings from other locations and the incredible work of our associates, the Miami, Florida, San Antonio, Texas and Austin, Texas facilities did not meet the benchmarks we set for success,” Kroger spokesperson April Martin said in an emailed statement. Dive Insight: Kroger's decision to close delivery facilities in two key states represents a notable setback for a company that is looking to take a leading position in home delivery service. In Florida, the grocer has faced the daunting task of generating online sales in a state where it operates just one Harris Teeter store. The company opened its massive customer fulfillment center in Groveland in 2021 and then debuted its 60,000-square-foot spoke facility in Opa-locka in 2022. Kroger also operates spoke delivery facilities in Jacksonville and Tampa.
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KR
Earnings
- 3/7/24 - Beat
KR
Sec Filings
- 4/26/24 - Form 4
- 4/25/24 - Form 4
- 4/24/24 - Form 4
- KR's page on the SEC website