The opening of the Johnstown spoke facility represents a significant step forward for Kroger (KR) and a boon for Northern Colorado residents.
Kroger's (KR) initiative to increase the number of local products available in stores will augment its Fresh for Everyone brand strategy.
Grocery delivery app Instacart, owned by Maplebear Inc, has successfully priced its initial public offering (IPO) at the top of its indicated range, achieving a fully diluted valuation of $9.9 billion. The shares are set to start trading on NASDAQ on Tuesday. The IPO raised $660 million, with the company pricing it at $30 per share following strong investor demand.