All Ocado articles – Page 4
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News
Ocado wins £200m payout as patent row settled
Tech and online retail giant Ocado is to be paid £200m by robotics company Autostore after the pair settled a patent row.
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Opinion
Ocado’s Luke Jensen: Retail should embrace AI – it won’t bite
Debates around the future direction of AI have been lifted out of the realms of academia and advanced technology and into the mainstream. So what’s changed? Why the hype? And why should the retail industry care? Ocado Solutions chief executive Luke Jensen explains all.
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News
Ocado and M&S ‘in agreement’ despite performance concerns
Ocado Group chief executive Tim Steiner says that both Ocado and M&S are “in agreement” despite M&S chair Archie Norman telling investors last week that he was “not happy” with its performance.
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News
Ocado remains ‘confident’ as it returns to profitability
Online grocer Ocado has posted a return to profitability in its second quarter and said it remains “confident” in its full-year performance following the first half of the financial year.
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Opinion
‘More Marks & Spencer magic should help Ocado sparkle’
As Ocado prepares to reveal half-year results next week, the tech and retail group’s star has been on the wane.
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News
Ocado slashes prices on more than 100 grocery products
Pureplay grocer Ocado has cut the prices on over 100 everyday essential items by up to 25% across a range of own-brand and Marks & Spencer items.
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News
Ocado appoints non-executive director amid takeover speculation
Ocado has named Rachel Osborne as its new independent non-executive director as takeover speculation continues.
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News
Grocery inflation hits ‘lowest level this year’ but still at 16.5%
Grocery price inflation has fallen to its lowest level this year, but is still at the sixth-highest monthly figure recorded since 2008.
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News
Grocery price inflation at third-highest level since 2008
Grocery prices have fallen for the second month in a row, but inflation is still at the third-highest rate since records began in 2008.
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News
Ocado shareholders revolt over chief executive pay
Almost a third of Ocado shareholders voted against the £2m pay packet of chief executive Tim Steiner at its AGM on Tuesday.
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News
Ocado to close fulfilment centre putting over 2,000 jobs at risk
Ocado is set to close its Hatfield customer fulfilment centre, putting 2,300 jobs at risk.
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Analysis
Are driverless vehicles retail’s fulfilment future or science-fiction fad?
As we approach the middle of the 2020s, talk of advanced technology is rife as retailers look to digitally transform parts of their supply chain in line with the evolution of the industry
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News
Ocado triumphs in High Court patents dispute
Ocado has seen off claims from an international rival that alleged it had stolen several of its technological inventions.
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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.