Kroger seeks to take costs out of its supply chain
Kroger said it was working with suppliers to optimise costs, narrow price gaps and protect margins. CEO Greg Foran said the retailer was intensifying negotiations and using direct sourcing to lower goods costs, while also assessing how much supplier price inflation to pass on. Kroger also said it had closed three automated fulfilment centres as it shifts towards in-store fulfilment and third-party ecommerce partners. (Supply Chain Dive)
