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Ocado shares dropped 10% after Sobeys closed its Calgary robotic grocery warehouse, citing slow online growth in Canada.
Ocado's shares fell 10% on January 29, 2026, after Sobeys announced the closure of its Calgary robotic warehouse, citing slower-than-expected online grocery growth in Canada.
The facility was the third under their 2018 partnership, though Sobeys will keep operating two other Ocado-powered centers in Ontario and Montreal.
This follows Kroger’s earlier shutdown of three Ocado warehouses and cancellation of a North Carolina site.
Ocado’s CEO called the changes a “pragmatic approach” to refining North American operations, emphasizing technological advances and long-term potential despite near-term setbacks.
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Las acciones de Ocado cayeron un 10% después de que Sobeys cerró su almacén de comestibles robótico en Calgary, citando un lento crecimiento en línea en Canadá.