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OCADO WAREHOUSE
Ocado layoffs explained: Why 5% of jobs are cut, which roles are affected, and what’s next for global expansionOcado layoffs 2026: Ocado is reducing its global workforce by approximately 1,000 employees, about 5% of its staff, as part of a restructur...
British online grocery firm Ocado to eliminate up to 1,000 jobs in cost-cutting drive: ReportAn announcement could be made as soon as this month, with most redundancies expected at Ocado's UK head office among technology teams and b...
European shares steady after three-day rally; focus on US inflationEuropean stock markets showed stability on Friday, aiming for a weekly gain. Investors are keenly watching crucial US inflation figures. Th...
Europe's STOXX 600 falls 1.8%, closes at one-month low on Fed rate cut worries, tech valuationsEuropean shares experienced a significant downturn on Tuesday, with Germany's DAX nearing a five-month low. This broad market sell-off was ...
Europe's STOXX 600 slips as French rating review looms; still ends week higherEuropean shares closed the week mostly higher. Investors were cautious about France's credit rating. Healthcare stocks saw losses, with Nov...
UK election: Rishi Sunak hunts for votes among the robots, at 4:50 a.mSunak, who has often looked exhausted as he crisscrossed the country during a six-week campaign, started the penultimate day before Thursda...
AutoStore and Ocado reach deal to settle patent litigation claimsNorwegian robotics firm AutoStore will pay 200 million pounds ($257.1 million) to British online supermarket group Ocado as part of a deal ...
British online supermarket Ocado keeps guidance after return to first-half underlying profitThe group, whose shares surged last month after a report of possible takeover interest from Amazon, made earnings before interest, tax, dep...
British online supermarket chain Ocado launches first robotic warehouse in Asia with AeonThe warehouse, or customer fulfillment centre (CFC) as Ocado calls them, has begun taking orders from customers across the Kanto region for...
Shares of UK online supermarket Ocado soar on talk of Amazon bid interestShares in Ocado rose as much as 47% and were briefly on track for their biggest one-day jump on record. They were up 30% at 1236 GMT, parin...
Shopify sells shipping service firm Deliverr, other assets amid narrowing ambitionsMost of Shopify's fulfillment assets will be acquired by logistics provider Flexport in an all-stock deal that also includes the sale of th...
Robots aren't done reshaping warehousesRobotics and automation are not new to logistics; conveyor belts, scanners and other innovations have helped automate and accelerate the sp...
Walmart's built a ragtag alliance of tech firms to battle AmazonFear of Jeff Bezos helps explain why Walmart has in recent years forged alliances with Google, Microsoft, China’s JD.com and other tech pla...
- Start-ups: Entrepreneur duo to make e-commerce splash
The duo will unfurl their co-promoter stakes in four different ecommerce start-ups in the coming weeks, including an egrocer BigBasket.com,...