Boxed reportedly rejected $400 million buyout offer from Kroger

 Boxed, the site for buying food and household items in bulk, has turned down a $400 million acquisition offer from Kroger, Bloomberg reports. Earlier this year, word on the street was that Boxed was in talks with Kroger to be acquired for about $500 million. At the time, other retailers were rumored to also be making bids. It seems those other interested parties were Amazon, Target and Costco. Read More

Source: Techcrunch.com