Reply To: A New Hope or False Dawn for Ocado?

[Andrew Spencer]

I think it’s interesting because warehousing is at a premium at the moment so this seems like a prudent investment.

However, I’ve seen it reported that despite regular investment in tech, such as developing its latest robots to supplement warehouse workers back in January, the investments are yet to pay off.

In particular, the company has generated a profit just three times in its 22 years of operations!