UPS (UPS) Declares $0.91 Quarterly Dividend; 3% Yield

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Go back to UPS (UPS) Declares $0.91 Quarterly Dividend; 3% Yield

Old-line Kroger shows new moves in grocery delivery drive

August 8, 2018 1:21 AM EDT

By Lisa Baertlein

CINCINNATI (Reuters) - Kroger Co (NYSE: KR), the nation's biggest supermarket chain, whose founder delivered groceries by horse and buggy, is using a different kind of horsepower in its race with online grocery sellers.

The 135-year-old company is experimenting with a variety of technologies as it battles Amazon.com (NASDAQ: AMZN) and Walmart Inc (NYSE: WMT) to find a profitable formula to serve customers who want milk and eggs whisked to their doorsteps. These shoppers are a... More