The grocer was riding high on a US deal for its robotised logistics
system. Then came a fire at its state-of-the-art depot
Last Tuesday morning Tim Steiner, the boss of Ocado,
was brimming with his usual confidence as he told City investors
how its robotic warehouses had the potential to revolutionise
grocery shopping and transform the way baggage carousels, car parks
and even ports operate.
However, as Steiner was delivering his presentation in Goldman
Sachs’s London office – where he worked as a bond trader in the
1990s – about 70 miles to the west a key element of the Ocado
operation was literally about to go up in smoke.
Source: FS – All-News2-Economy
Ocado prays warehouse blaze won’t douse its hopes for a hi-tech future