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Kroger, Ocado said to proceed with Phoenix warehouse
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Kroger Reports E-commerce Uptick Amidst Impairments - Food Trade News & Food World
by Food Trade News Team The Kroger Co. (NYSE: KR) delivered a mixed Q3 FY2025 report – strong e-commerce growth and steady underlying sales overshadowed by a large impairment charge that pushed results into the red. What might have been a stable, slightly positive quarter was weighed down by a $2.6 billion write-down tied to the shutdown of a planned automated fulfillment network. Earlier this year, Kroger confirmed it would unwind its long-term…
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