Ocado shares sink 11% as Kroger reviews warehouse strategy
Core Viewpoint - Ocado's share price experienced a significant decline following Kroger's indication of a strategic reassessment regarding its warehouse investments, raising concerns about Ocado's growth prospects in the online grocery sector [1] Company Summary - Ocado is facing challenges as its US grocery partner Kroger is reconsidering its investment strategy in warehouses, which may impact Ocado's operational growth and market position [1] Industry Summary - The online grocery industry is under scrutiny as partnerships and investment strategies are being reevaluated, highlighting potential vulnerabilities in growth trajectories for companies like Ocado [1]