News and Announcements
Ocado shares slide as Canadian partner Sobeys to shut CFC in Calgary
By Michele Maatouk
Date: Thursday 29 Jan 2026
(Sharecast News) - Ocado shares tanked on Thursday after it said Canadian supermarket Sobeys, one of its partners, has decided to close its customer fulfilment centre in Calgary.
Sobeys attributed the planned closure to the Alberta grocery e-commerce market's size and the rate of expansion being slower than originally anticipated.
or login to read the full story
Email this article to a friend
or share it with one of these popular networks:
Article Archive
You are here: news
