Ocado wages a grocery war against Amazon, Walmart and Alibaba

Panic is sweeping through supermarket aisles. Profits are meagre, convenience is king, discounters are rife. Even Amazon, Walmart and Alibaba, the worldʼs three biggest retailers, are trembling. No one has fully mastered the art of selling groceries online. The business represents just 2.3%, or $160bn, of a worldwide grocery market [...]

2019-11-19T23:34:40+00:00November 19th, 2019|Tags: , , , |

Kroger Goes Full Robot to Take On Amazon

Kroger Co., the giant but aging supermarket chain, has unleashed a flurry of initiatives to ensure it won’t get thumped in a post-Amazon-buying-Whole-Foods world: It is revamping locations, bought a meal-kit company, and sold off its convenience-store business. Its biggest gamble, though, is a partnership with British online grocer Ocado Group [...]

2019-07-24T17:03:11+00:00July 24th, 2019|Tags: , , |

Inside the Online-Only Grocer Where Robots Get the Job Done

According to the United Nations, the global population will reach 9.7 billion by 2050, which means we have to find a better way to feed the planet. This includes not just how food is grown, but stored, transported, picked, and delivered to the customer. Expect mobile edge computing, advanced automated [...]

2018-12-27T16:52:45+00:00December 27th, 2018|Tags: |

Amazon Is Joining a Vicious Grocery Price War in U.K.

It is a wonder Amazon is interested in U.K. grocery. Ocado, Britain’s largest online-only grocer, blamed intense competition for “sustained and continuing margin pressure” in a trading update Tuesday. The shares fell 13% in morning trading. Amazon launched its AmazonFresh grocery operation in early June in a limited number of [...]

2016-09-13T16:39:13+00:00September 13th, 2016|Tags: , |