UK-based Ocado signed a deal with Lotte Shopping (Lotte Group’s retail subsidiary) to build robotic warehouses but no value was announced. The South Korean giant, with more than 1,000 stores in the country, recorded a turnover of US$12.9 billion in 2021 (down by 3.7% in annual change).
As part of this agreement, the British company will be responsible for building a network of automated warehouses (6 are planned by 2028) and developing a technological solution for online ord
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