Ocado - comment

ICA's (Swedish supermarket business) decision to close an e-commerce warehouse in Gothenburg, does not impact the Ocado warehouse in Sweden. Online orders previously supplied from an ICA warehouse, will now be satisfied using in-store stock. Morrisons has a similar model in parts of the UK. Sweden is a small market for Ocado, although details of the fees being paid (or the size of the modules) are not public. Larger Customer Fulfilment Centres (CFCs) remain the core model for e-commerce at Ocado’s customers.

https://www.proactiveinvestors.co.uk/companies/news/1030216/ocado-client-closures-could-pose-threat-to-growth-warns-barclays-1030216.html

Aengus McMahonOCADO