The CEO of Kroger, America's largest supermarket chain, explains why the company's merger with the country's 6th favorite grocer puts them in the perfect position to take on Amazon and Whole Foods (KR) - Creak News

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The CEO of Kroger, America's largest supermarket chain, explains why the company's merger with the country's 6th favorite grocer puts them in the perfect position to take on Amazon and Whole Foods (KR)

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Kroger CEO Rodney McMullenJohn Minchillo/AP Images

  • Kroger CEO Rodney McMullen spoke about his company's omnichannel strategy at the National Retail Federation's 2019 Big Show.
  • In an interview with CNBC anchor Sara Eisen, McMullen discussed how Kroger's merger with grocery chain Harris Teeter spurred a digital expansion.
  • The Kroger CEO and chairman said that the 2014 merger was a response to the belief that Amazon would eventually acquire or create a physical grocery chain.
  • In 2017, Amazon confirmed those suspicions by acquiring Whole Foods.

NEW YORK — Amazon's acquisition of Whole Foods didn't come as much of a surprise to Kroger CEO Rodney McMullen.

"We assumed that at some point, Amazon was going to do something in the physical world," McMullen told CNBC anchor Sara Eisen at the National Retail Federation's 2019 Big Show.

See the rest of the story at Business Insider

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from Business Insider https://read.bi/2RsV9uU

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