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Ocado shares crushed by Kroger CFC closures
By Ed Devlin2025-11-20T14:45:00
Kroger is expected to close the sites in Maryland, Wisconsin and Florida in January, with the move mooted to save the retailer $400m next year
Ocado shares fell off a cliff to the lowest level in more than a decade this week as US partner Kroger revealed it planned to shut down three warehouses powered by the London-listed firm’s technology, dealing the group a crushing blow.
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