Kroger reportedly mulling plans to buy online bulk retailer Boxed

Kroger reportedly mulling plans to buy online bulk retailer Boxed

US retail giant Kroger is reportedly considering plans to buy the New York-based online wholesaler Boxed.

According to reports published by USA Today and other media sources, Kroger is not the only bricks-and-mortar retailer eyeing Boxed. The USA Today report said that Boxed may be worth between $325m and $500m.

Founded in 2013, Boxed specialises in bulk discounts for online shoppers, offering next-day delivery and no membership fees.

There has been no official announcement or confirmation of the reports.

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