Ocado gets £262m payout from Kroger after US closures
Ocado Group is set to receive a $350 million compensation payment from US partner Kroger following the closure of three automated warehouses. Discover the impact on the UK retail tech firm.
Ocado Group is set to receive a $350 million compensation payment from US partner Kroger following the closure of three automated warehouses. Discover the impact on the UK retail tech firm.
US supermarket giant Kroger faces a crisis as its costly bet on Ocado's tech fails. Shoppers are leaving for Walmart and Aldi, pushing the chain to a $1.5bn loss. Can new leadership turn it around?
Grocery giant Kroger is pulling out of Florida entirely by closing its last online facility in 2026, affecting 1,400 employees. Discover the reasons behind this strategic retreat.
Ocado faces £350m value wipeout as US partner Kroger shuts three automated warehouses. Retail analyst calls it 'near knock-out punch' for the online grocer's technology ambitions.
Asian markets plunged, with Tokyo and Seoul down over 3%, tracking a tech sell-off led by Nvidia on Wall Street. Key US jobs data and Japanese bond yields add to investor anxiety. Discover the full market impact.
WPP's share price surged as much as 6% following reports of potential takeover interest from rival Havas and private equity firms. Discover the implications for the UK's advertising giant.
Asian markets mostly declined as Japan's economy contracted and US stocks faltered. Tech gains in South Korea offered a bright spot. Explore the latest market movements and analysis.
Police confirm a body has been discovered in the search for missing 21-year-old Ocado worker Max Walsh. The discovery was made near his vehicle in North West Leicestershire.
New HMRC figures show the top stocks and shares ISAs are worth 17 times more than top cash ISAs. Discover the growing savings divide ahead of the Budget.
HMRC data reveals a stark divide: top stocks and shares Isa pots average £10.98m, dwarfing cash Isas. Discover the power of long-term investing for wealth building.
Online supermarket Ocado has hopped on the viral 6-7 trend with a hilarious video, leaving many customers confused while others praise the marketing team. Discover the story behind the trend.
Asian markets followed Wall Street's sharp decline as Nvidia and AI stocks plunged. Concerns over inflated valuations and delayed US interest rate cuts triggered a global tech sell-off.
Asian markets showed mixed performance as the US government shutdown ended after 43 days. Investors monitor AI stock volatility and strong Australian jobs data. Discover the latest market movements.
The FTSE 100 surged to a new all-time peak, closing at 9,787.15, driven by growing optimism that the US government shutdown could end this week. Discover the market movers and expert analysis.
Broadcasting giant ITV sees stock surge 35% as US media titan Comcast enters exclusive talks to acquire its production and streaming divisions in landmark deal.
American media giant Comcast is reportedly considering selling its substantial stake in ITV, potentially reshaping Britain's television landscape and creating new opportunities for broadcast rivals.
ITV faces significant market pressure as Sky walks away from acquisition talks, sending shares tumbling and raising questions about the broadcaster's future strategy in a competitive media landscape.
US markets experienced significant volatility as former President Donald Trump's proposed tariff plans sparked a massive sell-off in technology shares, with AI giant Nvidia leading the declines amid renewed China trade tensions.
Amazon announces significant restructuring of its UK food operations, including scaling back fresh grocery deliveries and revamping its supermarket strategy to better compete with Tesco and Sainsbury's.
Domino's Pizza Group reports significant profit decline as cost-conscious customers cut back on delivery orders amid ongoing inflation pressures.
Domino's Pizza Group shares plummet as Irish franchisee financial crisis threatens expansion plans and reveals deeper structural problems in the pizza giant's operations.
Chancellor Rachel Reeves scraps the outdated 0.5% stamp duty on share purchases in major U-turn, acknowledging AstraZeneca's London listing concerns. A victory for UK financial competitiveness.
London's FTSE 100 index suffers significant losses as global markets tumble, with mining and banking stocks leading the downturn amid economic uncertainty.
Former President Donald Trump's potential political comeback sends shockwaves through global markets, with Amazon shares and Asian markets showing early signs of volatility as investors weigh the implications for US-China relations.
Marks & Spencer shares experienced their sharpest decline since March 2020 after the retail bellwether warned of weaker profits, sending shockwaves through the UK retail sector.
London's FTSE 100 faces significant pressure as Auto Trader suffers its worst day since 2022 and Moonpig shares crash 25% amid profit warnings and economic concerns.
Meta faces investor rebellion as colossal AI investments trigger dramatic stock drop despite revenue growth. Discover why the tech giant's metaverse pivot is facing its toughest test yet.
Pharmaceutical giant GSK faces significant market pressure as its experimental HIV prevention drug shows mixed results in clinical trials, sending shares tumbling nearly 10%.
UK pub operator Marston's sees shares jump 10% after finalising joint venture with Carlsberg, creating a £780m brewing powerhouse while retaining pub estate.
Exclusive analysis reveals why JP Morgan's David Schwimmer believes Microsoft stock faces significant headwinds despite AI optimism and strong market performance.