Ocado Group, the UK based grocery delivery and retail technology firm, will receive a 350 million dollar payment from its principal American partner Kroger following the US supermarket giants decision
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Ocado encountered a significant barrier to its expansion in the American market as Kroger, the largest grocer in the United States, announced it will shut three automated warehouses in January
Tesco’s ambitions to cement its role as a leader in autonomous retail technology have run into major disruption after its key warehouse automation partner went bust. Earlier this year, the
Ocado shareholders had reasons to be concerned long before this autumn’s sharp downturn. The company’s partnership with US giant Kroger, once celebrated for its ambition to construct up to 20
Ocado, the British retail technology group, suffered a major blow to its US ambitions after its American partner Kroger announced a thorough review of its automated warehouse network. Shares in
The City’s fixation on short-term profits is misguided, according to Ocado Group’s chief executive, Tim Steiner. The grocery and technology group’s head has urged investors to adopt a longer-term perspective
British online grocer Ocado Retail has reported a remarkable 17.5% surge in retail revenue to £715.8 million for the 13 weeks leading to December 1, marking a significant milestone in
Ocado Group PLC (LSE:OCDO) has long been a household name in the UK, known for its online grocery retail business in partnership with Marks & Spencer. However, behind the scenes,
