Kroger Beefing Up Its Online Business With Three New Fulfillment Centers
Grocery and drugstore chain Kroger (NYSE: KR) revealed its plans to build a trio of new Customer Fulfillment Centers (CFCs) across the U.S. to support the company's online business. The distribution centers will stand in the Great Lakes, West, and Pacific Northwest areas. CEO Luke Jenson of Ocado Group (LSE: OCDO), its partner in the project, says this is part of Kroger "building an e-commerce ecosystem across the U.S. that will deliver unrivaled online experiences to more customers, in more ways and in more markets."
The exact sites chosen for the three fulfillment centers have not yet been made public. The size of each is tailored to the expected distribution needs of each region.
The Great Lakes center will be the smallest, at 150,000 square feet, while the Pacific Northwest CFC will be a medium-sized 200,000 square feet. The largest of all is the West distribution center, at a full 300,000 square feet.
Source Fool.com
