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Ocado to get $250 million from Kroger's planned  closure of some automated facilities
Reuters· 2025-11-18 14:23
Core Viewpoint - Ocado, a British online supermarket and technology group, will receive over $250 million in compensation following Kroger's decision to close three jointly operated automated fulfillment centers [1] Company Summary - Ocado is set to benefit financially from the closure of fulfillment centers operated in partnership with Kroger, indicating a significant financial impact on the company [1] Industry Summary - The decision by Kroger to close the fulfillment centers reflects ongoing challenges in the automated grocery fulfillment sector, which may influence future partnerships and operational strategies within the industry [1]