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Kroger Co. (KR)

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Kroger and Ocado choose sites for next two CFCs

19 Feb 19

LONDON (ShareCast) - (Sharecast News) - Kroger and Ocado have chosen Central Florida and the Mid-Atlantic US as the two areas that will host their next two joint customer fulfillment centres.
The two CFCs will be the second and third of 20 CFCs built for Kroger using Ocado's technology and know-how.

According to Alex Tosoloni, Kroger's senior vice president of new business development, the US grocer was aiming to co-innovate next to the London-listed firm in the development of the new fulfillment centres

As of 1532 GMT, shares of Ocado were trading 0.89% higher to 934.20p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are end of day values only.


Market Data

Currency US Dollars
52 Week High $34.18
52 Week Low $20.82
Shares Issued 798.33m
Market Cap $24,046m


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