Ocado shares fall 17% after US partner announces warehouse closures | Ocado
The market value of online grocery retailer Ocado has declined significantly following Kroger’s announcement that it will close three warehouses utilizing Ocado’s automated technology. Kroger, the fourth largest retailer in the US, had partnered with Ocado in 2018, signing a deal for the construction of 20 automated customer fulfillment centers. At present, eight of these […]
Ocado shares fall 17% after US partner announces warehouse closures | Ocado Read More »










