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...
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 :
Instacart signs a deal with Kroger to expand to additional 75 markets, making it available to 70% of all US households after expansion is completed in October
Toward the end of 2017, Instacart penned a partnership with one of the country's biggest grocery retailers, Kroger.
Kroger to launch online storefront in China on Alibaba's Tmall Global site on Wednesday that will initially sell dietary supplements and private-label products
Wall Street Journal :
Boxed CFO Naeem Ishaq leaving the company after weeks of rumors that the company might be acquired and after the company rejected a $400M offer from Kroger
Ruth Reader / Fast Company :
Source: online bulk-order wholesaler Boxed has rejected a $400M acquisition offer from Kroger and will instead pursue a new funding round
Bloomberg :
Sources: online bulk-order wholesaler Boxed has received acquisition interest of up to $500M from Kroger and some other major retailers
Alex Konrad / Forbes :