All Ocado articles – Page 44
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News
Ocado shares hit new low
Home shopping group Ocado’s shares hit a new low yesterday, and from today the stock can no longer be propped up by Goldman Sachs acting as a trading counterparty.
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News
Ocado second warehouse site gets green light
The green light has been given to a 124-acre extension to Birch Coppice Business Park where etailer Ocado is expected to open its second warehouse.
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Opinion
The mobile is the medium of the message
“The medium is the message”. Marshall McLuhan’s dictum, which defined the post-Second World War marketing era, has become more pertinent than ever in this age of the worldwide web.
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News
Ocado has ‘everything to prove’, broker says
Ocado has a “racy valuation” but is a “sophisticated offering with everything to prove”, according to Collins Stewart analyst Greg Lawless.
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News
Boost for Ocado as Fidelity buys stake
Ocado has been given a boost as it has emerged that Fidelity, one of the world’s largest fund managers, has taken a 13% stake in the business.
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News
In focus: Ocado
Now that the Ocado IPO dust has settled what, if any, are the lingering problem areas?
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Opinion
No room for smug consensus
Ocado chief executive Tim Steiner rather gracelessly laid into independent City analysts after last week’s lacklustre IPO, following which the online grocer’s shares immediately fell below the opening price.
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News
Ocado arranges meeting for unconnected analysts
Ocado is to host a meeting for leading unconnected analysts next week, after facing a barrage of criticism in the run up to its float.
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News
Tough times ahead for Ocado, warns broker
It was kerching! for Ocado’s founders as the etailer pulled off its IPO in the face of widespread City scepticism, although the flotation price did not meet original ambitions.
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Opinion
A sobering lesson for Ocado’s founders
Well, they got it away, but there won’t have been too many champagne corks being popped in Ocado’s Hatfield headquarters on Wednesday morning.
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News
City forces Ocado to slash IPO share price
The City kept up pressure on Ocado as it prepared for Wednesday’s float and, at the last moment, forced the online grocer to slash its asking price.
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News
Ocado vows to engage with City after criticism over float
Disappointing start to life as a public company for online grocer as shares fall on day of float
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Opinion
A humbling experience?
Ocado may have got its float away - just - but the whole process has been an embarassment to its founders.
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News
Ocado IPO priced at 180p
Ocado has priced its IPO at the bottom end of its revised price range after investors baulked at the original valuation.
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News
Ocado lowers its IPO price range
Ocado has lowered the anticipated price range for its IPO to between 180p to 200p.
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News
Ocado secures 80% of orders for IPO shares
Ocado is understood to have secured orders for about 80% of the shares it is seeking to sell in its flotation.
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Analysis
Tim Steiner
Dismissed by some, Ocado aims to make a big splash with its IPO. As its founder sets out to sell his dream to investors, Jennifer Creevy finds out more about the man behind Ocado
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Data
ICM Poll: Online food shopping
In an exclusive poll for Retail Week, ICM Research interviewed a random selection of 2,000 adults aged 18 and over between July 9 and 11, 2010 about online food retailing.
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News
Retail’s stock rises as June sales tick along
Retailers achieved “decent sales growth” in June, the BRC reported, and store stocks rose over the week although they lagged the All-Share index.
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News
City pressure mounts on Ocado ahead of float
Pressure is mounting on Ocado to lower the valuation of its initial public offering (IPO) as investors and analysts continue to baulk at the ambitious price tag placed on the online grocer.