Ocado Gets $350 Million Payment From Kroger for Site Closures


Ocado said Friday it will continue to work with Kroger on its five remaining sites, with a sixth in Phoenix, Arizona, due to open next year. A fulfillment center planned for Charlotte, North Carolina, won’t open. The payment includes $250 million already announced by Ocado, and will be paid in January. Ocado also reaffirmed its priority of turning cash flow positive during its 2026 financial year on continued growth and “rigorous cost and capital discipline.”



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