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Grocery-Tech Star Ocado Is a Bet on Big Warehouses – The Wall Street Journal


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Grocery-Tech Star Ocado Is a Bet on Big Warehouses – The Wall Street Journal

Ocado is an unusual example of a tech company that is being outpaced by manual labor. That won’t last, but the online grocer still has to show that its approach is the only one that will translate into profits. The British business, which runs the most sophisticated online grocery operation in the world, said Tuesday…

Ocado is an unusual example of a tech company that is being outpaced by manual labor. That won’t last, but the online grocer still has to show that its approach is the only one that will translate into profits.

The British business, which runs the most sophisticated online grocery operation in the world, said Tuesday that sales in its U.K. retail division increased by 52% for the quarter through August compared with the same period in 2019. Management gave no update about the part of the business that really drives its high…

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