Ocado Misses Its Delivery Window With Kroger Setback

Ocado Group Plc Chief Executive Officer Tim Steiner has said the online supermarket turned technology company could become ...

Ocado share price forms risky pattern as Kroger woes mount

Ocado share price continued its painful crash this week as it plunged to its lowest level since 2013. It has plunged from the pandemic high of 2,910p to the current 187p as setbacks accelerated. So, ...
Grocery Dive

Kroger acknowledges that its bet on robotics went too far

The retailer’s decision to close three automated fulfillment centers reflects the stark changes in grocery e-commerce that ...

Ocado hit with ‘near knockout punch’ as Kroger announces CFC closures

Clive Black, head of consumer research at Shore Capital, said the announcement was “a near knockout punch” for Ocado and “a ...

Ocado's robotic future under threat as Kroger looks to Instacart

U.S. retailer Kroger's decision to close three of the eight automated warehouses it built with Ocado and expand its ties with ...

Ocado suffers £300m slump as US supermarket axes its warehouses

Ocado has suffered a £300m slump after its biggest customer announced plans to shut automated warehouses built using its ...

Ocado shares crushed by Kroger CFC closures

Ocado will continue to power five CFCs for Kroger across the US Ocado shares fell off a cliff to the lowest level in more ...
Grocery Dive

Kroger closing automated fulfillment facilities to bolster e-commerce profitability

In a bid to improve digital profitability by $400 million in 2026, the grocer is shuttering three CFCs, leaning into in-store ...
Nasdaq

Kroger and Ocado announce new region for high-tech Customer Fulfillment Center and expand collaboration to include in-store fulfillment capabilities

CINCINNATI, Nov. 24, 2020 /PRNewswire/ -- The Kroger Family of Companies (NYSE: KR), America's largest grocery retailer, and Ocado (LSE: OCDO), a world leader in technology for grocery e-commerce, ...