Canadian supermarket giant Sobeys has closed its Calgary Ocado-powered warehouse, in a fresh blow to Ocado's international ...
Move follows US-group Kroger’s decision to close its warehouses run on the UK retail technology group’s platforms ...
Ocado Group Plc will receive a one-time cash payment of $350 million from Kroger Co., more than previously announced, after the U.S. grocer decided to close three automated warehouses and scaled back ...
Shares in Ocado fall almost 10% after revealing Sobeys will close Calgary site that uses UK group’s delivery technology ...
Ocado Group Plc has ended exclusive arrangements to supply its automated grocery warehouse technology as investor pressure grows following setbacks to its partnership with Kroger Co. in the U.S. The U ...
Kroger is paying a steep price to unwind a bold automation experiment that never lived up to its promise. After pouring $2.6 billion into a high-tech fulfillment network built with Ocado, the grocer ...
(Alliance News) - Ocado Group PLC on Friday said it will receive a USD350 million one-off cash payment as compensation following Kroger Co's decision to optimise its CFC network. Shares in Ocado rose ...
Shares in Ocado rose more than 9.5% on Friday, placing the stock among the top gainers on the FTSE 250, after the British online grocer and technology firm said it would receive a one-off $350 million ...
(Alliance News) - BAT has generated GBP315 million in proceeds from the sale of shares in an investee, Unilever's ice cream arm is to debut on the stock exchange next week, while Ocado is to receive a ...
TAVARES, Fla. – Lake County commissioners on Tuesday approved termination agreements with Kroger and its partner Ocado, officially ending the 10-year economic incentive deal tied to the Groveland ...
MILAN, Nov 19 (Reuters) - Shares in Ocado (OCDO.L), opens new tab fell further on Wednesday, adding to 17% slump the day before, after its partner Kroger (KR.N), opens new tab announced the closure of ...
Kroger announced Nov. 18 that it will close three automated fulfillment centers across three states, citing an effort to improve delivery services. The grocery giant said in a news release that it ...