Ocado to cut 1,000 jobs and merge technology units amid stronger results
The UK-based online grocery and fulfilment technology provider confirmed the job cuts to Retail Insight Network.
02 March 2026
02 March 2026
The UK-based online grocery and fulfilment technology provider confirmed the job cuts to Retail Insight Network.
The NRF Foundation and the PepsiCo Foundation have introduced a new $1m retail training initiative aimed at strengthening workforce development in the US.
The UK’s decision to bring BNPL under full FCA oversight from July 2026 involves the introduction of mandatory affordability and creditworthiness checks on every BNPL transaction.
The new platform, Uvance for Retail, is intended to unify fragmented retail data and operations and support decision-making across the country’s retail sector.
The expanded arrangement integrates Competera’s AI-driven pricing platform with SOLUM’s Newton electronic shelf label (ESL) system,
Adjusted revenue in the Americas and Asia-Pacific surged 115% to €1.11bn, accounting for 73% of total revenue.
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