Ocado reports sales growth – but losses widen as it counts the cost of robotic warehouse fire - The Entrepreneurial Way with A.I.

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Tuesday, February 11, 2020

Ocado reports sales growth – but losses widen as it counts the cost of robotic warehouse fire

Ocado has reported fast-growing sales – both to its grocery customers and to the third-party retailers who license its software and fulfilment solutions in order to build their own ecommerce businesses – in its latest financial year. But the cost of a fire at its Andover robotic warehouse last spring was among the factors that saw pre-tax losses widen to more than £200m
by: Chloe Rigby via https://www.AiUpNow.com/