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Share Price Information for Ocado (OCDO)

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Share Price: 373.60
Bid: 376.40
Ask: 377.40
Change: -9.90 (-2.58%)
Spread: 1.00 (0.266%)
Open: 381.60
High: 381.60
Low: 359.20
Prev. Close: 383.50
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Britain's Ocado to open first "mini CFC" in Bristol

Thu, 28th Nov 2019 07:15

LONDON, Nov 28 (Reuters) - British online grocer Ocado
plans to open its first mini robotic warehouse, which
it calls a customer fulfilment centre (CFC), in Bristol, western
England, it said on Thursday.

The facility will be Ocado's sixth CFC and is expected to go
live at the end of 2020 or early 2021.

It will have the capacity for over 30,000 orders per week
compared to approximately 85,000 orders per week expected from
Ocado CFC 5, currently under construction at Purfleet, east of
London.

(Reporting by James Davey, Editing by Paul Sandle)

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