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flag Kroger pays Ocado $350M to close four fulfillment centers, cutting Ocado’s 2026 revenue by $50M.

flag Kroger will pay Ocado $350 million in January as compensation for closing three automated fulfillment centers and canceling a fourth in Charlotte, reducing Ocado’s 2026 fee revenue by about $50 million. flag The move reflects Kroger’s shift toward partnerships with rapid delivery services and store-based fulfillment. flag Despite the setback, Ocado will continue operating five centers, maintain its partnership with Kroger, and aims for positive cash flow this year. flag The company also reported a £611.8 million pre-tax profit for the first half of 2025, recovering from a loss the prior year.

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