UPDATE 1-Kroger to sell private label products in China through Alibaba [Reuters]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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Source: Reuters
Kroger to sell private label products in China through Alibaba | Reuters Reuters Staff 1 Min Read (Reuters) - Kroger Co has partnered with Alibaba Group Holding Ltd to sell its private label products on the e-commerce giant’s Tmall platform in China, making its first foray outside the United States. The U.S. grocer will sell its Simple Truth products on the platform, an Alibaba spokesman told Reuters on Tuesday. Kroger is the largest U.S. supermarket operator, with some 2,800 stores in roughly three dozen states. However, Amazon.com Inc’s aggressive expansion into groceries with its acquisition of Whole Foods Market is challenging a number of U.S. retailers, including Kroger. Krogers’ shares rose 2.1 percent to $30.36 in afternoon trading. Reporting by Uday Sampath in Bengaluru, Lisa Baertlein in Los Angeles; Editing by Anil D'Silva All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. Kroger to
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KR
Earnings
- 3/7/24 - Beat
KR
Sec Filings
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- KR's page on the SEC website