HomeAbout

TL;DR CNBC


Grocers are trying to get orders to your door faster than ever — here's why - TL;DR CNBC

Grocers are trying to get orders to your door faster than ever — here's why

Publishing timestamp: 2024-03-07 14:49:02


Summary

Walmart, Target, and Kroger are all focusing on same-day delivery offerings to attract shoppers, with paid membership programs that include home deliveries as key perks. These retailers are competing on convenience rather than just price, turning their brick-and-mortar locations into an advantage over e-commerce players like Amazon. Membership programs help offset delivery costs and collect customer data, while also driving more frequent online orders. Walmart, Target, and Kroger are all trying to stand out and retain customers in a competitive market.


Sentiment: MIXED

Tickers: TGTKRWMT

Keywords: walmart incbusiness newsbusinesstarget corpkroger coretail industrybreaking news: business

Source: https://www.cnbc.com/2024/03/07/walmart-target-and-kroger-compete-on-grocery-delivery.html


Developed by Leo Phan