Ocado Exclusivity with Most Foreign Retailers Ends, Paving Way to New Partners
Ocado ends exclusivity in most markets to sign more retailers and expand commercial activity amid competition and a 22% share price drop this year, analysts say.
9 Articles
9 Articles
Ocado exclusivity with most foreign retailers ends, paving way to new partners
Ocado said on Tuesday the exclusivity of its agreements to provide retailers including U.S. grocery chain Kroger with pickup and dispatch technology has ended in most markets as previously signalled, allowing it to sign on more partners.
Ocado plans global retail tech sales push after exclusivity deals end
The London-listed firm said in July it was set to roll off mutual exclusivity contracts by the end of the year with most retail partners worldwide.
Ocado to Offer Grocery Tech to More Customers After Exclusivity Deals End
Ocado Group is set to offer its grocery technology to more potential customers after its mutual exclusivity arrangements ended with retailers in most of the markets in which it operates, including Kroger in the United States. The company expects to add new partners in several international grocery markets while continuing to work with its existing partners, it said in a Tuesday (Dec. 30) press release. Ocado Group CEO Tim Steiner said …
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