Ocado confirmed a partnership with Danish online grocer Nemlig to construct a new robotic fulfillment center near Copenhagen, targeting full volume transfer by 2028.
Ocado is holding live engagements with multiple U.S. retailers for partnerships while maintaining cash flow forecasts, despite recent closures of robotic centers by partners Kroger and Sobeys.
Asda reported a slower decline in quarterly underlying sales (-0.8%), driven by improved product availability and price investments. The retailer also partnered with Ocado to enhance its online busine
The UK FTSE 250 gained led by Ocado following an Asda partnership, while oil prices dropped on US-Iran ceasefire hopes.
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