UK online supermarket Ocado plans to cut ~1,000 jobs and restructure its automated warehouse tech business; Kroger and Sobeys exited their Ocado deals early
Company warns key business's earnings will be hit by end of prolonged period of capital investment
UK online grocer Ocado's stock closed down 17.4% on November 18 after its US partner Kroger said it would close three automated warehouses in January 2026
as it happened Holly Williams / The Independent : Ocado sees shares plummet after blow from Kroger site closures Chris Price / Telegraph : Ocado suffers £300m slump as US supermarket axes its warehous...
Norwegian robotics company AutoStore agrees to pay £200M to UK online supermarket giant Ocado to settle a global dispute over warehouse patent infringements
Alastair Reed / Bloomberg :
Norwegian robotics company AutoStore agrees to pay £200M to UK supermarket giant Ocado to settle a global dispute over warehouse patent infringements
As part of the agreement, the companies will withdraw their actions against each other, Autostore and Ocado said in separate statements on Saturday.
An in-depth look at the ongoing patent battle over warehouse automation between Norwegian robotics company AutoStore and UK supermarket giant Ocado
John Gapper / Financial Times : Tweets: @sdonnan , @johngapper , @mattvella , @alecurussell , @craigjcalhoun , @arashmassoudi , and @financialtimes Tweets: Shawn Donnan / @sdonnan : A brilliant read ...
An in-depth look at the ongoing patent battle over warehouse automation between Norwegian robotics company AutoStore and UK supermarket giant Ocado
In the village of Nedre Vats, on the edge of a 700m-deep fjord in the west of Norway, there is a white wooden house with a small red barn. Tweets: @johngapper , @craigjcalhoun , @mattvella , @arashmas...
Q&A with CEO of Ocado Solutions on selling its grocery delivery tech to retailers like Kroger, the pandemic's impact on Ocado, plans for robotic pickers, more
Shakeel Hashim / Protocol :
UK online supermarket Ocado says it acquired two robotics companies: Kindred Systems for $262M in cash and Haddington Dynamics for $25M in cash and stock
- Online supermarket Ocado has acquired San Francisco-headquartered robotics firm Kindred Systems for $262 million and Las Vegas firm Haddington Dynamics for $25 million.
Ocado, a UK-based online grocery delivery service, to raise £1B+ of fresh equity and debt as it seeks to capitalize on a surge of interest amid the pandemic
Jonathan Eley / Financial Times : Tweets: @paul_framp Tweets: Paul Frampton-Calero / @paul_framp : In spite of early challenges during #COVID__19, the online grocery boom enables @Ocado to raise £1bn...