Boxed CEO's Choice: Save Supermarkets or Help Amazon Kill Them
- Kroger bid for the online Costco said to draw Amazon interest
- Boxed said it doubled revenue in 2016 to $100 million
Chieh Huang
Photographer: Misha Friedman/BloombergThis article is for subscribers only.
When Kroger Co. offered to buy Boxed Wholesale, founder Chieh Huang didn’t waste much time: Huang said he’d consider the offer and hopped on a plane to Seattle.
There Huang huddled with Amazon.com. Inc.’s corporate development and consumer executives on Wednesday to discuss a potential sale, according to two people familiar with the matter.