Kroger to use Uber drivers and online ordering to compete with Amazon

Sep06

by Sindy Cator on September 6, 2017 at 3:21 pm

Grocery stores are feeling the squeeze after Amazon slashed prices at Whole Foods last week. Kroger, the third largest grocery chain in the US, finds itself in the unenviable position of trying to find profits while engaging in a price war against a foe whose pockets run far to deep to beat. The first sign of trouble was when Kroger started announcing voluntary buyouts and slowing store growth. Now the company is reportedly scrambling to come up with a long-term plan to deal with Whole Foods and Amazon. It’ll have to stop hemorrhaging money first. After 14 years of quarter-over-quarter…