A fleet of 3,000 washing machine-like robots working inside Ocado’s London warehouse can fill a 50-item grocery order in just five minutes, the firm claims. They travel along a grid inside the 563,000 square foot London warehouse and are controlled ‘like pieces on a chessboard’ by an AI air traffic controller. As they move along … Read more
Online shopping boom sends Ocado’s earnings soaring: Sales at grocery retailer rise by a third to £2.2billion as demand for home deliveries rockets during pandemic Online grocer reported group earnings of £73.1million for year to November 29 Earnings in its retail arm, joint venture with M&S, more than trebled to £148.5M Chief executive said: ‘The … Read more
Ocado’s distribution hub plans halted by locals: Online grocer wanted to build depot next to school playground By Daily Mail City & Finance Published: 21:53 BST, 14 October 2020 | Updated: 21:53 BST, 14 October 2020 Ocado has been dealt a blow after residents in North London successfully halted plans to build a distribution hub … Read more
Hacking fear as Ocado’s orders soar amid surge in desperate shoppers scrambling to stockpile essentials By Daily Mail City & Finance Reporter Published: 21:51 GMT, 19 March 2020 | Updated: 22:13 GMT, 19 March 2020 The surge in desperate shoppers trying to arrange deliveries from Ocado was so high at one point the company feared … Read more