All Ocado articles – Page 4
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News
Ocado sales and customer numbers rise but basket size falls
Online grocer Ocado Retail reported being “on track to restore sales momentum” after revenues climbed in its first quarter.
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Innovation of the Week
Innovation of the Week: Ocado broadens retail media opportunities with new partnership
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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Analysis
As Ocado banks on international tech success, is this as good as it gets at home?
After Ocado swung to a £500m annual loss, any momentum it built up over the last few years has all but vanished.
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News
Quarter of shoppers struggling as grocery inflation soars to highest recorded level
A quarter of UK customers are struggling with their food bills as grocery inflation soared to its highest level ever recorded.
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News
Ocado swings to loss after challenging year
Online retailer Ocado swung to a loss and reported a fall in its retail revenue for FY2022 as the cost-of-living crisis created a “challenging year”.
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Data
Grocery food inflation hits record levels as shopping bills surge
Grocery food inflation hit record levels in the month of January, driving already sky-high shopping bills even higher and wiping out any sense of relief shoppers may have felt at the end of 2022.
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Opinion
‘Don’t write off the pureplays, despite a Christmas shocker’
As store shutters slammed down during lockdowns, some wrote off the likelihood of a bricks-and-mortar recovery. Now the same gloom has descended over pureplays. It was proven wrong then and it will be proved wrong now.
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News
Ocado optimistic about yearly sales growth after flat quarter
Online grocer Ocado expects sales to improve later this year after a flat performance in its fourth quarter.
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Analysis
The Big Shop Barometer: Data reveals who is really winning grocery’s festive price war
Big four giants Tesco and Asda have closed the price gap on Aldi as grocery retailers battle to secure sales during the crucial Christmas trading period.
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Analysis
The Retail Week future CEOs list 2022
Retail Week speaks to the industry’s top headhunters to find out who will be in the next wave of retail bosses
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Analysis
Analysis: Why the Lotte tie-up could prove to be lucky number 12 for Ocado
Ocado rubber-stamped an agreement with South Korean giant Lotte Shopping on Tuesday. The move has been hailed by investors as a coup, given South Korea’s highly mature ecommerce market and high level of automation. Could this be 12th time lucky for Ocado?
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News
Ocado strikes tech deal with South Korean retail giant Lotte
Ocado Solutions, the online group’s technology division, has struck a deal with South Korean business Lotte, which will deploy its Smart Platform.
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News
US grocery giant Kroger in talks to buy rival Albertsons
America’s largest supermarket operator Kroger is in talks to buy rival Albertsons, with a deal expected to be announced as soon as early as today.
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Opinion
Luke Jensen: ‘Amid cost-of-living crisis we must face fact we’ve struggled to address food waste for too long’
Smart online technologies can play a major role in waste reduction in shoppers’ homes, argues Ocado Solutions’ chief executive
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News
Ocado warns on profits as cash-strapped shoppers cut back spending
Ocado has reported an uplift in third-quarter sales and customer numbers, but says inflationary pressures have reduced its average basket size as shoppers prioritise value for money.
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News
Ocado Retail promotes Hannah Gibson as new chief executive
Ocado Retail has named Hannah Gibson as its new chief executive, replacing Mel Smith.
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News
Food price inflation hits record levels as shoppers trade down to own brand
Food prices have hit a new record high, forcing shoppers to turn to own-label products in a bid to save cash.
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Opinion
'Shopify got its online gamble wrong – now the pureplays must spread their bets'
Ecommerce giant Shopify’s decision last month to axe 10% of its workforce turned received retail wisdom firmly on its head.
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News
Ocado losses widen as retail sales slide in ‘challenging’ market
Ocado has suffered widening half-year losses as sales made through its retail business slipped in what it called a “challenging” UK market.
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News
Ocado Retail boss Melanie Smith to step down
Ocado Retail chief executive Melanie Smith is stepping down from the online grocer after three years at the helm.