Kroger Co. CEO Rodney McMullen said the company foresaw Amazon.com Inc. getting into the grocery store business, prompting it to acquire North Carolina-based Harris Teeter Supermarkets five years ago. Kroger (NYSE: KR) for several years had expected Amazon (NASDAQ: AMZN) to either open its own grocery stores or buy a supermarket chain, McMullen said Sunday morning at the National Retail Federation’s NRF 2019: Retail’s Big Show in New York, in a presentation moderated by CNBC’s Sara Eisen. Cincinnati-based…
from https://www.bizjournals.com/baltimore/news/2019/01/15/kroger-ceo-harris-teeter-acquisition-was-a.html?ana=RSS&s=article_search
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