U.S. retailer Kroger's decision to close three of the eight automated warehouses it built with Ocado and expand its ties with the likes of Instacart and DoorDash highlights the challenge the British f... ...

(This Nov.18 story has been republished to change an image, with no changes to text) By James Davey and Raechel Thankam Job (Reuters) -Shares in British online supermarket and technology group Ocado slumped on Tuesday after ​U.S. partner Kroger said it would close three automated warehouses in January, dealing a heavy blow to the Ocado ‌investment story. Ocado stock closed down 17.4% as the group also said its fee revenue would fall by about $50 million next year as a result of the closures,‌ extending ...