CINCINNATI -- Kroger Co. here said it is keeping a close watch on the on-line sales of the competition, but will not launch its own Internet effort until it develops a business model capable of producing a profit. g a profit." Although Kroger has yet to find -- or develop -- a money-making e-commerce system, McMullen said he believed the company is well-positioned to triumph on the Web. "We believe a brick-and-click is more likely to be successful than a stand-alone," he said. "We also ...

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