Kroger partners with automation specialist Knapp for facility update

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.

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Kroger Co.

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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Ocado Group PLC

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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S&P 500 Index

US : S&P US

4,594.62

-106.84 -2.27%

Volume: 2.10B

Nov. 26, 2021 2:12p