All Ocado articles – Page 3
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NewsOcado grows ahead of the pack as UK grocery price inflation continues to fall
UK grocery price inflation eased to its lowest level since early 2022 this month, but nearly a quarter of UK households still say they are struggling.
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NewsOcado sales and volumes rise in ‘strong start’ to year
Online grocer Ocado has reported a good beginning to its new financial year as its key metrics advanced.
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NewsOcado launches ‘Best of British’ aisle following campaign from MPs
Online supermarket Ocado has launched what it claims is the “largest Best of British aisle” in UK grocery retail, following a campaign by MPs.
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NewsOcado boss Steiner won’t rule out legal action over M&S payment row
Ocado Group boss Tim Steiner has vowed he won’t “walk away” from money Ocado is owed as part of its retail joint venture with M&S, with an ongoing spat over performance-linked payments showing no end in sight.
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NewsOcado loses remain despite sales rise
Pureplay grocery retailer Ocado has posted sales growth as its retail business returned to profit for the full year ending December 2023.
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Retail Navigator AnalysisOcado Retail (SWOT)
Ocado was the first and remains the only pureplay grocer of scale in the UK. It has built a reputation for customer experience and its customer fulfilment centre (CFC) model allows it to offer a broad assortment featuring more than 50,000 SKUs including M&S, Ocado own label, household brands and artisan foods.
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Retail Navigator AnalysisOcado Retail (Strategy)
After mounting speculation that M&S would look to partner with Ocado to give it a viable way into online food, in February 2019 the two retailers announced a joint venture partnership, giving a much-needed boost to Ocado’s bottom line. While the joint venture prospered during the pandemic, M&S shareholders have become concerned after losses mounted in FY2022 as trading patterns normalised and shoppers returned to stores. A “reset” of the business is currently underway under Ocado Retail boss Hannah Gibson.
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Retail Navigator AnalysisOcado Retail (Overview)
Ocado Retail is a joint venture partnership between Ocado Group and Marks & Spencer. The partnership, in which M&S took a 50% shareholding in the online grocery business, was agreed in February 2019 and launched in September 2020.
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NewsOcado Christmas sales hit ‘highest ever level’
Ocado has posted growth in sales as it delivered “another record Christmas and hit its highest-ever level of sales” over the peak trading period.
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NewsOcado slashes prices on a further 1,700 products
Ocado has added 1,700 products to its Big Price Drop today, its fifth round of price cuts since June 2023.
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AnalysisRobots on the rise – are they supply chain saviours or expensive fad?
There have been vast improvements in robotic technology in recent years, with more and more retailers turning to expensive and advanced tech to boost efficiency and reduce overall costs
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AnalysisInside Ocado’s new 'incredibly dynamic' automated warehouse
Retail Week visits Ocado’s newest state-of-the-art automated customer fulfilment centre to see how the pureplay grocer is prepared for the Christmas onslaught
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NewsOcado strikes first fulfilment deal outside of grocery
Ocado Group has struck its first deal providing automated fulfilment solutions to a non-grocery retailer in Canada.
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NewsMarks & Spencer 'ambitious for future growth' despite cautious outlook
Marks and Spencer has reported soaring profits for the first half of the year but it expects a slower second half.
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AnalysisInside the AI strategies of Ocado, Shein and Charlotte Tilbury
Retail Week’s new report, Beyond the Hype: How AI in UK retail has moved to the mainstream, shares key ways retailers are generating ROI from AI. Here are three examples of businesses making the tech pay
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NewsOcado slashes prices on more than 500 products
Pureplay grocer Ocado has cut the prices on more than 500 of its items, including “autumn and winter favourites”, as part of its ‘Big Price Drop’ initiative.
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NewsOcado sales rise as customer proposition strengthened
Online grocer Ocado has reported an increase in quarterly sales following price cuts and a focus on improved execution.
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DataForecast: Who will win in grocery as inflation begins to ease?
Grocery spend increased by 8.4% and 8.7% on a total and like-for-like basis respectively in the three months to July, according to the BRC-KPMG Retail Sales Monitor. This compares to a 1.5% increase for retail overall. With high rates of food inflation, value has been the key focus and, despite transaction value increasing, volumes have been in decline.
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NewsOcado cuts prices on 200 items as part of ‘Big Price Drop’
Ocado Retail is cutting the price of another 200 items as part of its ‘Big Price Drop’ initiative that started in June.
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NewsOcado Solutions boss Luke Jensen to retire
Luke Jensen will be retiring from his role as chief executive of Ocado Solutions and executive director of the board, effective September 30.
