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Ocado failing to deliver on its potential as one of UK’s great technology hopes

26.02.2026 20:44 | The Guardian World

Firm’s automated warehouses are struggling to compete against swift deliveries from stores by bike ridersOcado to cut 1,000 jobs in £150m cost-saving driveOnly six years ago, the boss of Ocado Group was writing the obituary for supermarkets as he predicted that a surge in online grocery shopping during the pandemic had brought forward the hi-tech future.“Not every store will disappear, but there will be a dramatic shift,” Tim Steiner said at the height of the Covid pandemic, when shopping from the sofa became the only option for many. Continue reading...

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