Ocado Group Plc will receive a one-time cash payment of $350 million from Kroger Co., more than previously announced, after the US grocer decided to close three automated warehouses and scaled back ...

Kroger said on Friday that it will pay automated warehouse technology provider Ocado Group $350 million in cash as the retailer closes some facilities and revamps its ecommerce strategy.

Surging losses and a key customer cancellation have sent Ocado shares plummeting, but is this volatility turning it into one ...

Rumours in the City that Ocado is preparing a tie-up with Amazon have sent shares in the company rocketing.

Kroger is closing its Ocado-powered automated facilities in Pleasant Prairie, Wis.; Frederick, Md.; and Groveland, Fla., in January, while monitoring its remaining facilities' performance. The grocer ...

"at-above-post addthis_tool" data-url=" has reached a new record market share of 2.2%, with sales increasing by 15.8% during the 12 weeks to 30 November, according to the latest figures from ...

Kroger’s decision to close three highly automated grocery warehouses and walk away from a flagship technology alliance marks ...

Shares in Ocado were rising strongly in London on Wednesday after data from NielsenIQ showed that the online retailer led the ...

The pandemic has been kind to Ocado Retail. As a series of lockdowns forced huge numbers of people to shield, the online grocery business – whose website and app went offline amid the panic buying of ...

Ocado has been ridiculed by customers over a series of 'atrocious' substitute choices after the retailer suffered a delivery malfunction. With Christmas Day fast approaching, scores of Brits slammed ...

When you order a jar of peanut butter or package of paper towels from Ocado — the world's largest online food retailer — chances are, it was picked by a robot. Ocado has a total of three warehouses ...

Shares in online grocer Ocado have surged by 44% after it struck a deal with US retail giant Kroger. Ocado's technology will be used in the US exclusively by Kroger, which is one of the world's ...