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July 2, 2021, 8:19 a.m. EDT

Kroger partners with automation specialist Knapp for facility update

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By Tonya Garcia

Kroger Co. /zigman2/quotes/206215053/composite KR +1.41% said Friday that it has partnered with automation and software specialist Knapp to update its Great Lakes Distribution Center in Delaware, Oh. The facility will also be expanded by 130,000 square feet. The distribution center first opened in 2003 and services 115 stores across Ohio and Michigan. In April, Kroger launched its first facility with U.K.-based robotics and software company Ocado Group PLC /zigman2/quotes/207225647/delayed UK:OCDO +4.57% in Monroe, Oh. Kroger stock has gained 20% for the year to date while the S&P 500 index /zigman2/quotes/210599714/realtime SPX -2.27% is up 15% for the period.

/zigman2/quotes/206215053/composite
US : U.S.: NYSE
$ 43.14
+0.60 +1.41%
Volume: 7.51M
Nov. 26, 2021 1:10p
P/E Ratio
28.71
Dividend Yield
1.95%
Market Cap
$32.08 billion
Rev. per Employee
$284,942
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/zigman2/quotes/207225647/delayed
UK : U.K.: London
1,829.00 p
+80.00 +4.57%
Volume: 1.49M
Nov. 26, 2021 4:35p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
£13.55 billion
Rev. per Employee
£125,244
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/zigman2/quotes/210599714/realtime
US : S&P US
4,594.62
-106.84 -2.27%
Volume: 2.10B
Nov. 26, 2021 2:12p
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