Ocado soars 31% after tie-up with Kroger

High-tech supermarket and logistics group Ocado is pushing toward a future where, from warehouse to doorstep, groceries will be handled by robots......»»

The largest supermarket retailer in the U.S. has teamed up with Ocado to open a series of automated warehouses......»»

Kroger Co. has opened the first of its 20 planned huge automated warehouse/distribution facilities in partnership with British online grocery delivery company Ocado, and it’s in Greater Cincinnati......»»

Kroger Co.’s stock soared in after-hours trading Friday following the disclosure that famed investor Warren Buffett’s Berkshire Hathaway conglomerate has made a huge investment in the supermarket giant’s stock. Omaha, Neb.-based conglomerate.....»»

Kroger Co. has plans to open a 350,000-square-foot robotic fulfillment center in Frederick County, bringing hundreds of new jobs to the region. The Cincinnati-based grocery giant will partner with Ocado, an online grocery retailer, on the new distrib.....»»

Kroger on Wednesday unveiled the latest extension to its line of plant-based organic products: meatless ground beef and burger patties......»»

Combined, the deals total more than $330 million......»»

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Supermar.....»»

Here's when the groundbreaking and opening are expected to occur......»»

“The Kroger deal further validates the direction of our market to larger distribution centers," industrial expert David Murphy said......»»

Ocado Group PLC , which runs online delivery services and makes related software, said Thursday it's signed a partnership agreement with supermarket chain The Kroger Co. , under which .....»»

1. Kroger bets on automation: Kroger has agreed an exclusive deal with UK online supermarket to use its automated warehouse technology in the United States......»»

Shares in online grocer Ocado rose as much as 50% on news.....»»

Shares in British home-delivery service Ocado have rocketed after announcing a deal with U.S. retailer Kroger to provide tech knowhow including its robots that can pack and process orders......»»

Kroger has signed an exclusive deal with UK online supermarket Ocado to use its technology in the United States......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Britain's online supermarket Ocado clinched a game-changing deal with Kroger as its exclusive partner in the U.S., securing its entry into the world's biggest market and sending its shares up 50 percent. Jacob Greaves reports......»»

LONDON (Reuters) - Britain's online supermarket Ocado clinched a game-changing deal with Kroger as its exclusive partner in the U.S., securing its entry into the world's biggest market and sending its shares soaring more than 50 percent on Thursday......»»