UK online supermarket Ocado plans to cut ~1,000 jobs and restructure its automated warehouse tech business; Kroger and Sobeys exited their Ocado deals early
Company warns key business's earnings will be hit by end of prolonged period of capital investment
UK online grocer Ocado's stock closed down 17.4% on November 18 after its US partner Kroger said it would close three automated warehouses in January 2026
as it happened Holly Williams / The Independent : Ocado sees shares plummet after blow from Kroger site closures Chris Price / Telegraph : Ocado suffers £300m slump as US supermarket axes its warehous...
As Kroger and Walmart roll out electronic shelf labels, US lawmakers worry that the tech could allow for dynamic pricing; both deny plans to add dynamic pricing
Some members of Congress have expressed concerns that stores will monitor customers and raise prices.
Bitcoin Cash briefly spiked 4.6% on Friday after a fake PR Newswire press release, which also appeared on Kroger.com, claimed Kroger will begin accepting it
Jamie Crawley / CoinDesk :
Bitcoin Cash briefly spiked 4.6% on Friday after a fake PR Newswire press release, which also appeared on Kroger.com, claimed Kroger will begin accepting it
The cryptocurrency rose over 4.6% from $602.63 at around 11:30 UTC to $630.70 in less than 15 minutes after the publication of a fraudulent announcement.
Kroger says it has partnered with Instacart to deliver food and staples in as little as 30 minutes, after unsuccessfully testing quick deliveries two years ago
Partnership draws supermarket giant further into a crowded market — Kroger Co. said it is partnering with Instacart Inc …
Shelf Engine, which helps grocers manage and streamline their food orders, raises $41M Series B led by General Catalyst, bringing its total raised to $58M
New funding: Shelf Engine raised $41 million to support rapid growth of its tech platform used by grocers such as Kroger and Walmart …
Q&A with CEO of Ocado Solutions on selling its grocery delivery tech to retailers like Kroger, the pandemic's impact on Ocado, plans for robotic pickers, more
Shakeel Hashim / Protocol :
Senate Republicans say the Judiciary Committee will issue a subpoena to Jack Dorsey about Twitter's blocking of a New York Post article
U.S. Senator Josh Hawley has formally requested @Twitter CEO Jack Dorsey and @Facebook CEO Mark Zuckerberg to appear before the Senate Judiciary Subcommittee on Crime and Terrorism in a coming hearing...
Grocery store chain Kroger is launching Kroger Pay, a QR-based mobile payments service, in Columbus, OH, and Colorado today, nationwide later this year
Dan Monk / WCPO :