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Stock impact report

Harris Teeter parent quietly kills Charlotte area plan for 700 jobs at delivery hub [Yahoo! Finance]

Kroger Company (The) (KR) 
Last kroger company (the) earnings: 3/5 08:30 am Check Earnings Report
US:NYSE Investor Relations: ir.kroger.com
Company Research Source: Yahoo! Finance
In 2021, the state announced to much fanfare that Kroger would build a $92 million, 200,000-square-foot center that would add 692 jobs over five years in Concord. Roy Cooper, the governor at the time , touted the deal back then, saying, “North Carolina offers the right ingredients for a modern business to succeed.” The fulfillment center would have been an automated center in partnership with Ocado Group , a UK-based technology company that specializes in automated, high-tech customer fulfillment centers for online grocery shopping. But Kroger is no longer moving forward with the planned center in Concord, the tech company told British regulators last month. The sprawling building off NC 49 South had already been built over the past several years, but sat silent and empty Friday. Concord Mayor Steve Morris said Friday he had been aware of the uncertainty over the project as the building remained empty. “I'm very disappointed that they're not coming,” Morris told The Charlotte Show less Read more
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