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Kroger bypasses Amazon for cloud investing

Published 11/08/2017, 01:40 PM
© Reuters.  Kroger bypasses Amazon for cloud investing
  • Kroger (KR +2.2%) is investing millions of dollars with Microsoft (MSFT) and Google (GOOG, GOOGL) in order to avoid helping major rival Amazon (AMZN +0.7%), reports CNBC.
  • CIO Chris Hjelm says the grocery store operator is using Azure for digital shelf technology and Google Cloud for cloud data initiatives. "We feel like we're not losing anything from a competitive perspective working with those companies," notes Hjelm.
  • Kroger still has some digital operations running through Amazon AWS for businesses that it acquired.
  • Amazon's purchase of Whole Foods Market (NASDAQ:WFM) rattled the entire retail sector earlier this year.
  • Now read: Kroger Drops 10% On Earnings: Why Investor Patience Will Likely Be Rewarded


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