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Technicals Company s 52-week low was at $27.33 Price action over last quarter: Up 6.93% Company Profile Kroger is the leading American grocer, with 2,757 supermarkets operating under several banners throughout the country as of the end of fiscal 2019. Around 82% of stores have pharmacies, while over half also sell fuel. The company also operated more than 300 fine jewelry stores at the end of fiscal 2019. Kroger features a leading private-label offering and manufactures around a third of its own-brand units (and 42% of its grocery own-label assortment) itself, in 35 food production plants nationwide. Kroger is a top-two grocer in 90% of its major markets (as of late 2019, according to Planet Retail and Edge Retail Insight data cited by the company). Virtually all of Kroger s sales come from the United States. ....
Dec 15, 2020 Understanding customer data has been at the core of 2020’s challenges and will remain a critical need for 2021 and beyond. By Tom Bianculli, chief technology officer of Zebra Technologies What have been the top three biggest developments in our industry in 2020? We are dealing with an incredible set of “firsts.” COVID-19 has been a massive catalyst to key industry trends that were already underway. In 2020, the three biggest transformations have been the acceleration of online purchasing, automation investments and dynamic intelligent planning driven by the expansion in fulfillment models. We anticipate these will continue in 2021 and beyond. Online purchasing – Online shopping and e-commerce have accelerated: According to Planet Retail, 2020 has been an inflection point for ecommerce, which is now projected to account for 28% of chain retail sales globally. This is forcing retailers to quickly adapt and automate their stores, fulfillment ....