Ocado is and online grocer and technology group. In 2019, Ocado Retail struck a landmark £750m deal with Marks & Spencer to turn its retail business into a joint venture. Via Ocado Solutions, the comapny has sought to sell its services to international partners including US giant Kroger and Japanese powerhouse Aeon. Retail Week provides news, analysis, features and opinion about Ocado and the grocery sector.
Ocado was the fastest-growing retailer once again as consumers showed growing appetite for festive shopping online
Ocado Group has appointed Cathy Graham as an independent non-executive director.
Tech platform and online grocer Ocado has agreed compensation from US partner Kroger after the North American food giant decided to cut back the relationship.
Is the end nigh for Ocado’s blue ribbon international agreement with Kroger? City analysts seem to think so, after Kroger announced it would be closing three of them overnight.
Ocado shares dropped around 16% on Tuesday after US partner Kroger announced the closure of three warehouses.
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