Ocado to receive £260m compensation after Kroger axes warehouses

Ocado Group is set to receive US$350m (£262m) from Kroger in compensation after its decision to scale back the number of automated distribution centres that it runs with the UK retailer.
In November, Ocado shares declined by more than 17% in one day as the US supermarket said that it would shut three of its automated warehouses which use Ocado tech in January 2026, after they failed to meet “financial expectations”.
The retail and tech business said that the warehouse closures