News, Kroger says it may sell its 780 convenience stores (profit, company, 100,000)

[JD59]

Supermarket operator Kroger says it is considering selling its gas station convenience stores, such as KwikShop, Loaf 'N Jug and Turkey Hill Minit Markets.

Kroger Co. says the business, which has more than 780 stores and 11,000 employees, would be more valuable outside of the company. A sale would leave Kroger with about 2,800 supermarkets.

Kroger says it may sell its 780 convenience stores - ABC News

[davebarnes]

These stores are going to die as electric cars take over from ICE cars.
These stores are going to die as autonomous cars take over from wetware-driven ones.

Over 100,000 "gas stations" will disappear in the next 40 years.

[17thAndK]

And parking lots will have rows of charging stations.

[Lowexpectations]

Originally Posted by davebarnes

These stores are going to die as electric cars take over from ICE cars.
These stores are going to die as autonomous cars take over from wetware-driven ones.

Over 100,000 "gas stations" will disappear in the next 40 years.

Well the ICE cars aren't disappearing in the next 40 years and fwiw gas isn't that profitable for gas stations

[BeerGeek40]

Originally Posted by davebarnes

These stores are going to die as electric cars take over from ICE cars.
These stores are going to die as autonomous cars take over from wetware-driven ones.

Over 100,000 "gas stations" will disappear in the next 40 years.

I don't see it happening.
Wait until all of these people who bought a Tesla start getting hit with repair bills and battery replacement costs.

[oregonwoodsmoke]

I expect convenience store use to increase as time goes by. People are cooking less and less and you can go into a convenience store and get your snack, your lottery ticket, and your 6 pack of beer without standing in a long line. It doesn't seem to bother anyone that the items are more expensive.