Kroger and Ocado choose sites for next two CFCs

By

Sharecast News | 19 Feb, 2019

13:27 24/12/24

  • 312.70
  • 0.74%2.30
  • Max: 317.10
  • Min: 308.00
  • Volume: 513,746
  • MM 200 : 360.44

Kroger and Ocado have chosen Central Florida and the Mid-Atlantic US as the two areas that will host their next two joint customer fulfillment centres.

The two CFCs will be the second and third of 20 CFCs built for Kroger using Ocado's technology and know-how.

According to Alex Tosoloni, Kroger's senior vice president of new business development, the US grocer was aiming to co-innovate next to the London-listed firm in the development of the new fulfillment centres

As of 1532 GMT, shares of Ocado were trading 0.89% higher to 934.20p.

Last news