Member Info for 2phevs

VP of sales EMEA yesterday

"This year is very different seeing great success"

https://www.youtube.com/watch?v=9xCwhweiVg0

The 4 year RE:imagined project that's JUST finished (probably longer than expected and lead to CFC delays and less new contracts) as confirmed by the now EX head of project delivery at Ocado groups linkedin post yesterday fits in with the Kroger online lots more work to do statement here's what the project was

Ocado Re:imagined represents a significant evolution of the Ocado Smart Platform. The project aims to transform online grocery operations by:

Improving Efficiency:

Introducing innovations like the world's lightest and most efficient grocery fulfillment bot and robotic arms that pick groceries directly from the storage grid.

Enhancing Performance:

Optimizing warehouse design with lighter structural elements and enabling faster, more flexible order fulfillment.

Streamlining Logistics:

Implementing a virtual distribution center for short lead time deliveries from a large product range without high costs, and enabling retailers to power their own storefronts with OSP intelligence.

Reducing Costs:

The project aims to improve the operational economics of OSP, making it more cost-effective for partners.

Boosting Speed to Market:

The innovations are designed to help online grocers launch new services and expand their operations more quickly.

In essence, Ocado Re:imagined is about pushing the boundaries of what's possible in online grocery fulfillment, making it more efficient, cost-effective, and adaptable to the evolving needs of both retailers and consumers.

From the Kroger results call

“Our customers are embracing the whole digital model of our business, and we are seeing improvements in profitability at an increasing rate,” Sargent said about its online operations. “We must become profitable on the e-commerce side of the business. And we’ve got a lot of work to do.”

A lot of work to do with Ocado it seems after they've now completed the 4 year "RE:imagined" project

Great find Smokinjoe

This wasn't in the letter of credit draw down RNS the other day very interesting article

E-Commerce Growth: Kroger's Digital Flywheel

Kroger's most striking progress lies in its e-commerce division. Supported by a $152 million credit facility from Ocado Group, the company is ramping up its Customer Fulfillment Centers (CFCs) and last-mile delivery infrastructure. This funding will accelerate the rollout of three new CFCs by late 2025, enabling Kroger to serve 80% of the U.S. population within a two-hour delivery window. Analysts at Jefferies estimate this expansion could boost online sales growth by 15-20% in fiscal 2026, building on a 15% e-commerce sales growth target for 2025 (up from 11% in 2024).

Digital sales now account for over $13 billion annually, with delivery services like Kroger Delivery Now and Boost driving rapid adoption. Notably, delivery sales surged 18% in Q4 2024, signaling strong momentum. This growth is critical: the U.S. online grocery market is projected to hit $150 billion by 2025, and Kroger's omnichannel strategy—blending in-store convenience with digital tools—gives it a leg up over pure-play competitors like Instacart and Walmart.

All fitting together nicely for strengthening the Kroger partnership

This guy from Mitsubishi Electric loves Ocado

"Because in the end the winners won't be the ones who automate faster, they'll be the ones who design smarter"

Here's his post

https://www.linkedin.com/posts/robert-smak_ocado-group-isnt-just-a-warehouse-activity-7341825758224420864-oLXT?utm_source=share&utm_medium=member_android&rcm=ACoAAEG4l0gBO7-otCES7DDpar2cXo5aD5L2eLY

Kroger up 6.5% pre market CNBC saying market liking increased guidance

Surely all these successful Ocado clients will lead to success for Ocado

I've read a post today basically saying that because of the digital success Bin Preu are having with Ocado's platform they have basically been forced to scale up to a full on CFC from just using Ocado's Instore Fulfilment System for the past few years

Here's the post from Ocado Group CPO

https://www.linkedin.com/posts/james-gralton-258a5010_ocadogroup-bonpreu-catalonia-activity-7341800384941711361-uw1g?utm_source=share&utm_medium=member_android&rcm=ACoAAEG4l0gBO7-otCES7DDpar2cXo5aD5L2eLY

Perhaps Kroger will be pushed the same way with the rate their ecommerce is growing from their results today but on a much scale compared to Bon Preu

BTW just watching CNBC talking about Kroger up 15% ecommerce and 1st store review in 3 years leading to 60 store closures does that mean more online???

That "RE:imagined" project that's now just finished seems to involve Kroger as well

Ocado and Kroger have a significant partnership where Ocado provides its automated technology to enhance Kroger's online grocery operations, specifically in Customer Fulfilment Centres (CFCs). This collaboration involves implementing Ocado's "Re:imagined" technologies, including robotic pick and automated frameload systems, to improve efficiency and reduce costs.

First Quarter Highlights

Identical Sales without fuel increased 3.2%*

Operating Profit of $1,322 million; EPS of $1.29

Adjusted FIFO Operating Profit of $1,518 million and Adjusted EPS of $1.49

eCommerce sales increased 15%

CINCINNATI, June 20, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today reported its first quarter 2025 results, updated 2025 identical sales without fuel guidance and shared our progress on key priorities.

Comments from Chairman and CEO Ron Sargent

"Kroger delivered solid first quarter results, with strong sales led by pharmacy, eCommerce and fresh.

This BB got a lot worse than last September

Mind if you look at the glass half when the bears are like this it's normally a good time to go bullish the investment returns with the costs of being short must be hitting much lower returns now

BTW saw a post from the head of projects at Ocado Technology saying how he was moving on after completion of his amazing 4 year "RE:imagine" project so maybe there's something brewing if anyone wants to see the post and look at his mega past projects let me know

Forgot Boyo and VP only work office hourly pay anyway

Just incase Boyo swayed with FUD yesterday about Ocado rebuilding an existing Bon Preu CFC here's clarification Ocado have being doing in sore fulfillment for them using Ocado's Smart platform in various locations no CFC to date

The completely new huge CFC is going to be on the former Danone yoghurt factory currently being demolished just north of Barcelona very similar to last years state of the art Coles CFC in Melbourne it seems

The availability freshness order correctness and quality data/feedback must be really shining through for these type of Ocado CFC'S for Bon Preu to go from ISF to CFC

Thanks for the response or responses VP & Boyo depending on how you look at you guy/guys

However my question was

After posting here last September the conference featuring Ocado's CEO stating that no more new CFC's until existing CFC's are running effectively and efficiently which you/both acknowledged at the time. Do you now confirm that after you/both have constantly bemoaned Ocado for not announcing new CFC contracts that a pivot away from "no new CFC's" has now occurred with todays RNS which contradicts you/both arguments for a short/Fud spreading deramping univested position to now go long???

I was hoping for a reply from both (even if it's the same person) saying "yes I remember that now and it's time to buy/close my short" but nothing yet

I've reopened here after leaving last October when the CEO stated at a conference that they won't be pursuing anymore CFC's until they've got everything right with their existing ones

So it's seems like they've got sorted bought 1st thing on the logical basis of that simplistic view at over 2.50

And can remember Boyo and Valueplay really pushing the no CFC announcements at the time so when I read about the CEO policy I posted about it here and sold out

They seem to change their narrative to suit

Very strange buy on Mirriad US OTC (yes Mirriad listed in US as well if newbies weren't aware) been checking for a couple of years and only an odd few k here and there

Today a 1.5 mill just went through at effectively 0.017p

US OTC ticker is MMDDF

Mirriads Dach region partner just released article about 2 high profile influencer integrations

https://www.presse-board.de/deep-down-brandplace-integriert-atu-in-spektakulaere-streaming-show/

Anything could happen now the wicked old charlatan witch BERINGER has gone

£3 mill

No debt

No CLNs

No warrants

No dodgy LTIP

Costs reduced by 125% a few weeks ago

And what if Rembrand decide to take Mirriad out fully with a decent chunk of cash????

YouTube interview just released by JV partner Rembrand (IMO)

Sounds like they're using Mirriad tech too

Really good listen for newbies to understand why you can't just use in-painting or diffusion (anyone do it)

https://youtu.be/9ZYz-hrjLYE?si=F-QUZy_qsmVLzc2T

This from the new JV partner Rembrand and $50 bill mcap The Trade Desk 25% of this would be nice

IMO it's definitely Rembrand their and Mirriad Inc employees been reacting with each past month or so both ways never seen that in 2 years of checking

Here's the programmatic article from 30 mins ago

https://ift.tt/B7XqOsy

Does anyone know why for the past couple of weeks there has been consistent minus trades and then exactly the same trade instantaneously at 0.0005 on a 100 mill shares it's only £50 ?????

I have my Rembrand sly transfer of ownership idea but does anyone actually know must of been 5 billion gone through like that past couple of weeks