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Ocado to receive $350 million from Kroger as U.S. partner scales back robotic warehouses
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Dec 5 (Reuters) - Ocado ( OCDGF ) said on Friday U.S. retailer Kroger ( KR ) will pay a one-off cash payment of $350 million to compensate the British online supermarket and technology group after Kroger's ( KR ) decision to close three robotic warehouses and halt plans for another facility. (Reporting by Yadarisa Shabong in Bengaluru)
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