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Tech, let me introduce low margin retail. Kroger has a margin between 1 and 2 percent: https://finance.yahoo.com/quote/KR/key-statistics https://finance.yahoo.c

Tech, let me introduce low margin retail. Kroger has a margin between 1 and 2 percent: https://finance.yahoo.com/quote/KR/key-statistics https://finance.yahoo.com/quote/KR/key-statistics (depending on your preferred measure). And yoy earnings are down. And it's even worse in the delivery app subcategory. Why bother with that tech when Instacart etc are losing 3 dollars for every dollar they bring in? Seems like best case scenario you get to sell to their customers at full price and Instacart shareholders pay for delivery fees.

kube-system 3y ago
And a just couple percentage points higher in margins was enough to earn the name "whole paycheck".
panda888888 3y ago
Where I live, Kroger used to do their own delivery, but they've switched to Instacart for fulfillment now. I've stopped doing Kroger delivery because the Instacart people are WAY too annoying to deal with; I hate having to babysit every single decision the Instacart shoppers make. I would happily pay more for in-house Kroger shoppers, but there's no option to do so.
- hnburnsy 3y ago
  Weirdly in Florida Kroger is doing grocery delivery via its own vehicles, but no Kroger stores exist in the state, only distribution centers.
  - dehugger 3y ago
    Kroger owns a dizzying number of brands. If be shocked if you didn't have at least one of their supermarket chains there.
    - deleted 3y ago
      [deleted]
    - hnburnsy 3y ago
      There are not. It is by design... https://www.wesh.com/article/kroger-central-florida/38508663 https://www.wesh.com/article/kroger-central-florida/38508663 Kroger delivers groceries to Central Florida without opening a single store
- nickthegreek 3y ago
  At my Kroger in the midwest, you have the option for either. But you dont tip when you use Kroger and tbh, they do a much better job at picking out the items. If they went to Instacart only, I would cease to use the service.

kube-system 3y ago

And a just couple percentage points higher in margins was enough to earn the name "whole paycheck".

panda888888 3y ago

Where I live, Kroger used to do their own delivery, but they've switched to Instacart for fulfillment now. I've stopped doing Kroger delivery because the Instacart people are WAY too annoying to deal with; I hate having to babysit every single decision the Instacart shoppers make. I would happily pay more for in-house Kroger shoppers, but there's no option to do so.

hnburnsy 3y ago
Weirdly in Florida Kroger is doing grocery delivery via its own vehicles, but no Kroger stores exist in the state, only distribution centers.
- dehugger 3y ago
  Kroger owns a dizzying number of brands. If be shocked if you didn't have at least one of their supermarket chains there.
  - deleted 3y ago
    [deleted]
  - hnburnsy 3y ago
    There are not. It is by design... https://www.wesh.com/article/kroger-central-florida/38508663 https://www.wesh.com/article/kroger-central-florida/38508663 Kroger delivers groceries to Central Florida without opening a single store
nickthegreek 3y ago
At my Kroger in the midwest, you have the option for either. But you dont tip when you use Kroger and tbh, they do a much better job at picking out the items. If they went to Instacart only, I would cease to use the service.