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Amazon.com finds fulfillment with Kiva buyout
SEATTLE — Amazon's fulfillment services just got a boost, thanks to an agreement that will have the company buying Kiva Systems Inc. for $775 million in cash. Kiva is a manufacturer of automation technology for fulfillment centers, and is best known for its mobile- robotic technology and sophisticated control software. Kiva's retail customers include The Gap, Staples, Saks 5th Avenue, Office Depot, Crate and Barrel and Walgreens.
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Longtime Kroger exec to lead Delta division
Cincinnati -- Kroger announced that Tim Brown now will be responsible for stores in western Tennessee, Kentucky, Mississippi, Arkansas, and Missouri, as president of the company's Delta division.
Brown, 52, has been VP operations in the company's Delta division, based in Roanoke, Va., since 2011. Before that, he served as the Mid-Atlantic division's VP merchandising since 2009.