Online grocer to build robotic warehouses for Lotte Shopping in boost after slowing sales
The online grocer Ocado has struck a deal to build robotic warehouses for a South Korean retailer, sending its share price rocketing.
Under the deal with Lotte Shopping, Ocado will also provide technology for online grocery orders from Lotte’s stores. Financial details of the partnership were not disclosed.
Online grocer to build robotic warehouses for Lotte Shopping in boost after slowing salesThe online grocer Ocado has struck a deal to build robotic warehouses for a South Korean retailer, sending its share price rocketing.Under the deal with Lotte Shopping, Ocado will also provide technology for online grocery orders from Lotte’s stores. Financial details of the partnership were not disclosed. Continue reading…