Kroger customers can now have restaurant-style meals delivered to their door as the supermarket partners with the cloud-kitchen platform ClusterTruck.
"As we're growing, we were starting to think about strategic partnerships and folks that can take our software platform to the next level," Chris Baggott, CEO and co-founder of ClusterTruck, told Cheddar Thursday. "Kroger — being a Midwestern company like ClusterTruck — they were a natural [fit]."
Cincinnati-based Kroger, the largest supermarket chain in the U.S., is launching the service in four cities. ClusterTruck was founded in one of them — Indianapolis.
Kroger's Business Development Leader Ethan Grob says that his company is trying to capitalize on the larger industry trend of delivery-only restaurants.
"If you've been to a restaurant recently, you see third-party delivery people lining up to deliver these restaurant orders, which can take away from the in-store restaurant experience," Grob said. "Restaurants are increasingly looking to take that food preparation out of their main kitchens and into these ghost kitchens or dark kitchens."
And that's exactly what Kroger's found in ClusterTruck.
"We've built a profitable model by being vertically-integrated, and leveraging software and machine learning to control every aspect," Baggott said, citing ClusterTruck's drivers and food cooked in-house.
"We're really tied tight with Kroger on this," Baggott said of his Midwestern neighbor. "We're very invested in being successful with this together."
Another automaker is trying to cut its workforce to trim expenses and stay competitive as the industry makes the long and costly transition to electric vehicles.
The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced their inventories.
Applications for unemployment benefits in the U.S. fell last week as the labor market continues to show strength despite some weakness in other parts of the economy.
Disgraced Theranos CEO Elizabeth Holmes has avoided starting her more than 11-year prison sentence on Thursday by deploying the same legal maneuver that enabled her co-conspirator in a blood-testing hoax to remain free for an additional month.
When people think of asset classes, most think of stocks and bonds. Mark Hamrick, senior economic analyst with Bankrate.com, joined Cheddar News to discuss why the current economy is making the cash savings account a more worthwhile investment than it's been in previous years.
The National Labor Relations Board said Tesla was found guilty of breaking U.S. labor law after telling employees to not discuss or complain about wages.
Christine Short, vice president of research with Wall Street Horizon, joined Cheddar News to discuss Wednesday's trading session as positive earnings from some tech companies lifted stocks. "This is the safe haven for investors, the barometer of global growth depending on the company we're talking about," she said.
