Ocado share price continued its painful crash this week as it plunged to its lowest level since 2013. It has plunged from the pandemic high of 2,910p to the current 187p as setbacks accelerated.
CINCINNATI , Nov. 20, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) announced today it will host its third quarter 2025 earnings conference call at 10:00 a.m. ET on Thursday, December 4, 2025.
U.S. retailer Kroger's decision to close three of the eight automated warehouses it built with Ocado and expand its ties with the likes of Instacart and DoorDash highlights the challenge the British firm faces from rapid delivery firms.
The announcement that three Ocado Group PLC (LSE:OCDO) warehouses are to be closed by US grocer Kroger Co (NYSE:KR, XETRA:KOG) is "not as bad as it could have been", some analysts think, while others said it was a "near knockout blow". Kroger announced the closure of three out of eight Ocado sites and has expanded its relationship with other delivery platforms Instacart, Doordash and Uber Eats...
Shares in Ocado fell further on Wednesday, adding to 17% slump the day before, after its partner Kroger announced the closure of three U.S. delivery facilities centres, in a blow for the British online supermarket.
Ocado Group PLC (LSE:OCDO) shares slumped over 19% to 174p, around lows last seen over a decade ago, after US grocery client Kroger said it would shut down three of the warehouses that rely on the online grocery supplier's technology. Kroger Co (NYSE:KR) announced that it will close three operating customer fulfilment centres, in Frederick, Maryland; Pleasant Prairie, Wisconsin; and Groveland, ...
Kroger said it will book a $2.6 billion charge as it closes some automated facilities and said it expanded partnerships with DoorDash, UberEats and Instacart.
Kroger will close three automated delivery fulfillment facilities and record an impairment charge of about $2.6 billion in its third quarter, as the U.S. grocer expands its third-party delivery partnerships.
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