|Day's Range||19.15 - 19.15|
U.S. supermarket group Kroger Co is committed to building more automated warehouses in partnership with British online grocer and technology group Ocado, despite slowing a roll-out of sites, Ocado CEO Tim Steiner said on Tuesday. Ocado struck a deal with Kroger in 2018 to help the U.S firm ratchet up its delivery business with the construction of robotically operated warehouses. The initial deal saw Kroger identify 20 sites to build automated warehouses, or customer fulfilment centres (CFCs) as Ocado calls them, in the United States.
Deckers' (DECK) direct-to-consumer business is thriving thanks to the company's improved e-commerce capabilities.
Average orders per week at Ocado.com rose by 3.6% to 381,000 in the first quarter of the year.