The technology company’s exclusive agreement with the grocer ended last year, and now it’s talking with U.S. retailers about ...

Kroger (KR) will pay online grocer and automation platform provider Ocado $350M in cash following the grocer’s decision to close three Ocado-automated warehouses and adjust its e-commerce strategy.

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 ...

(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 ...

LONDON (Reuters) -Shares in Ocado, the online supermarket and technology group, fell sharply on Friday after U.S. partner Kroger signalled a potential retreat from investment in automated warehouses.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Kroger Co. is focused on cutting ...

Late last month online grocery platform provider Ocado was dealt another in a long line of body blows when its flagship US customer, Kroger, announced that it was would be shutting down three of the ...

Those decisions have included the creation of a dedicated e-commerce business unit under the remit of Chief Digital Officer, ...

(Reuters) -Shares in British online supermarket and technology group Ocado slumped on Tuesday after U.S. partner Kroger said it would close three automated warehouses in January, dealing a major blow ...

Kroger is walking away from one of the most ambitious automation bets in U.S. grocery, shutting three robot-powered fulfillment centers and effectively writing off a $2.6 billion experiment in ...