Tesco Launches New E-Commerce Initiative
Transcend Retail Solutions enables grocers to use U.K. retailer's tech to fulfill online orders.
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Tesco, which handles more than 1 million online orders each week, appears poised to follow the path of Walmart, whose Walmart Commerce Technologies fulfills online orders for other retailers.
The move may be closely watched by Ocado. The U.K. tech provider has had deals in place with Kroger and Sobeys to build automated warehouses, but both supermarket giants have paused building giant fulfillment centers until existing sites become more profitable.