Waitrose reveals Ocado successor and £1bn online target

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Waitrose has struck a deal with ecommerce platform TDP to succeed its Ocado partnership and plans to treble the size of its online business over the next three years.

The grocer has partnered with newly created AI retail platform Today Development Partners (TDP) to drive the growth of its online arm. TDP was co-founded by Ocado co-founder Jonathan Faiman and former chief business officer for Google’s innovation arm Google X, Mo Gawdat.

In partnership with TDP, Waitrose plans to develop three new state-of-the-art automated customer fulfilment centres over the next three years to create a £1bn online operation.

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