Ocado’s CEO Tim Steiner told investors on Feb. 27 that Ocado’s robots can fulfill a 45- to 50-item grocery order in about 10 minutes, which would take human workers in a store more than an hour.

Tech and grocery platform Ocado has reported another year of losses despite a strong performance in its online delivery arm. Overall revenue rose by 14.1 per cent to reach £3.1bn in the year ended ...

M&S began listing its products on Ocado; however, this relationship has since turned sour. What happened between the pair?

Tim Steiner, chief executive of Ocado, said the group had 'delivered a shift in the potential of robotics and automation to improve retail supply chains'. He added: 'Our latest technologies have ...

Ocado Group has narrowed its full-year losses as it capitalises on more shoppers choosing to order their groceries online.

Ocado Group reports full-year earnings on 27 February. Explore revenue growth drivers, partnership developments, and profitability prospects for the online grocery pioneer.

The group, which runs robotic warehouses for other chains alongside its Ocado Retail business as a joint venture with M&S, posted statutory group pre-tax losses of £374.5m for 2024 against losses of ...

Ocado managed to reduce last year’s losses of £393.6 million ... The first thing to say about this is its genuinely boundary pushing for AI and robotics. It uses a type of AI called Behavioral Cloning ...

Yet Kroger (NYSE: KR ), Ocado’s crucial U.S. partner, has moved to decelerate folding robotic warehouses into its operations and Canadian partner Sobeys has halted the launch of a fourth warehouse -- ...

Nearly five years after it was unveiled, Kroger ’s automated distribution center in Phoenix will not be live until the end of ...