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LONDON (Reuters) - British online supermarket and technology group Ocado said on Monday it had boosted its partnership with Japan's Aeon with plans to build a third robotic warehouse.
Ocado Group plc is a British business based in Hatfield, England, which licenses grocery technology. It also owns a 50% share in the UK grocery retail business Ocado.com (the other 50% is owned by UK retailer Marks & Spencer ). The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index .
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The company also saw losses balloon to £211 million, from £27.9 million a year earlier.
Ocado Retail, which is owned 50-50 by Ocado and M&S, said sales slipped further in recent weeks.
Morrisons purchased a 10% stake in New York-based online grocer FreshDirect for £31 million in 2011. After having sent a team to New York to learn from the business ahead of the predicted launch in 2013, Morrisons began a home delivery initiative in January 2014.
A union that represents thousands of Philadelphia city employees asked a judge Tuesday to block Mayor Cherelle Parker’s requirement that they return to their offices full time as of July 15.
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