Business · 16 July 2026
Ocado seeks new supermarket partners after North American warehouse closures
Ocado said it is talking to potential new partners, especially in the US, after supermarket chains Kroger and Sobeys planned to close some of its robotic warehouses. The retail technology firm said more expired exclusivity deals have opened fresh opportunities across North America, Europe and Asia Pacific. Half-year revenue rose 54% to £1.04 billion, while shares fell 15% on Thursday morning.
Reported by Evening Standard · How we write briefs