Ocado leads the Robotization of Retail

The Ocado Group plc (LSE: OCDO) is an interesting company to watch because it leads to the robotization of retail. In fact, I think Ocado is one of the few companies that could challenge Amazon’s online retail dominance in the United States. To elaborate, Ocado is a British technology and logistics company that operates a grocery delivery service in the United Kingdom. As a grocer Ocado is tiny, Reuters estimates it controls 1.3% of the UK grocery market. However, Ocado’s automation and robotics technology are among the most advanced in retail. Specifically, Ocado designs and builds giant customer fulfillment centers (CFCs), in…...