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Krogers Executive Summary

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Another latest news just released from Kroger's chairman and CEO, and the news is that the Kroger and Ocado is going to announce an exclusive partnership agreement to accelerate the Kroger's creation of seamless digital shopping experience for whole America's family in the United States America. Its very first time that an alliance will bring to United States an unparalleled technology underpinnings of the Ocado smart platform, which includes home delivery, online ordering and automated fulfillment. For enhancing the Kroger's digital shopping and robotics capabilities and helping expand its seamless coverage area in the Unites States to provide every American family with the convenient and easy shopping from anywhere, anytime and anything, …show more content…

"Our success as a retailer shows that we can offer customers unrivalled choice, quality and convenience, efficiently and profitably. The opportunity to partner with Kroger to transform the way in which US customers buy grocery represents a huge opportunity to redefine the grocery experience of Kroger's customers and create value for the stakeholders of both Kroger and Ocado. As we work through the terms of the services agreement with Kroger in the coming months, we will be preparing the business for a transformative relationship which will reshape the food retailing industry in the U.S. in the years to …show more content…

Bothe the companies will identify a total of up to 20 over the first three years of the agreement. We look forward to innovating together with Ocado to provide our customers the best possible online and in store experience," said Alex Tosolini, senior vice president of business development. "Through Restock Kroger, we will continue expanding partnerships to create customer value. This new relationship between these two companies will not affect Kroger's earning per diluted share guidance range for 2018 and 2019. Because Its already reflected in the company's Restock Kroger plan. About Kroger At Kroger Co., we are dedicated to our aim: to Feed the Human SpiritTM. We have 2800 retail food stores under a variety of banner names, serving America through food inspiration and uplift, and nearly 5 lac associates who serves nine million customers daily through a seamless digital shopping experience. Our latest project is #ZeroHungerZeroWaste and currently we are working on it to encourage people that how food saving is important for

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