Kroger, Instacart Launch New Service For Faster Delivery

Kroger Co KR and online grocery platform, Instacart has launched Kroger Delivery Now, a new service powered by a virtual convenience store.
The new service will provide customers the fresh groceries and household essentials in as fast as 30 minutes.
"Kroger Delivery Now is a differentiated solution in the e-commerce industry, not just the grocery sector," said CEO Rodney McMullen.
With the launch of Kroger Delivery Now, Instacart is also unveiling the Convenience Hub on the Instacart Marketplace.
Kroger and Instacart first partnered in 2017 and offer two-hour grocery delivery and now 30-minute delivery nationwide.
Price Action: KR shares are trading lower by 2.59% at $41.78 on the last check Tuesday.

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