Ocado steps-up spending as it counts cost of warehouse fire

LONDON (Reuters) - British online supermarket and technology group Ocado reported a ballooning annual pretax loss, mainly due to a fire which destroyed a hi-tech flagship warehouse, and forecast a more than doubling of capital expenditure in its new financial year.Ocado on Tuesday said it expected to spend around 600 million pounds ($774 million) in 2019-20 as it prepares to open robotic warehouses for overseas partners.The first half of the year will see the opening of the first such..