Kroger and Ocado choose sites for next two CFCs
Ocado Group
312.70p
12:35 24/12/24
0.74%
2.30p
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.
Food & Drug Retailers
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Kroger Co.
$61.83
08:29 24/12/24
1.43%
$0.87
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.