Britain's Ocado to open first 'mini' robotic warehouse

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Britain's Ocado to open first 'mini' robotic warehouse
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British online grocer Ocado will open its first 'mini' robotic warehou...

LONDON - British online grocer Ocado will open its first “mini” robotic warehouse in Bristol, western England, by early 2021, it said on Thursday, signaling its warehouse technology can be rolled out more quickly and in a bigger range of locations.

“This is not about Bristol, but about what it says for its technology biz,” said Bernstein analyst Bruno Monteyne. “It is about reducing execution risk, speeding up deployment and extending materially the applicable territories for the international deals,” said Monteyne.The Bristol CFC, which is being built in an existing 150,000 square feet warehouse, will be Ocado’s sixth and is expected to go live at the end of 2020 or early 2021. It will support around 815 jobs in the local area.

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