Kroger (KR -0.4%) and Walgreens Boots Alliance (WBA -0.7%) are in what they call a Retail Procurement Alliance to cut down on merchandise costs.
Essentially, the two retail giants plan to order some products together in categories that they overlap.
Kroger and Walgreens hope more retailers will join the alliance.
Walgreens is also looking at adding more food products from Kroger’s pantry of in-house brands.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.