All Ocado articles – Page 5
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NewsOcado 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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AnalysisThe 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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AnalysisThe 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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AnalysisAnalysis: 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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NewsOcado 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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NewsUS 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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OpinionLuke 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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NewsOcado 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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NewsOcado 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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NewsFood 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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NewsOcado 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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NewsOcado 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.
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AnalysisWinning the war for talent: How to attract and retain the workforce of the future
With staff shortages widespread across the sector, the Great Resignation far from over and the cost-of-living crisis only just beginning to play out, retail has reached an inflection point when it comes to its workforce.
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NewsOcado raises £575m to fund expansion of its tech division
Ocado has successfully raised £575m through a share placement as the company seeks to capitalise on the growth of its technology arm.
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AnalysisData: More than half of retail supply chain leaders considered quitting in the past year
Retail Week’s latest report, Chain Reaction, features findings from interviews with retail supply chain and IT executives on their motivations, concerns and aspirations for the sector.
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NewsOcado ex-worker ‘forced out’ for raising fire safety issues
Ocado has been ordered to pay a former employee £20,000 in damages after judges ruled his resignation amounted to constructive dismissal.
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OpinionLuke Jensen: ‘It’s time to change the 20th-century grocery model’
A radical rethink of the grocery value chain and long-term investment in labour productivity growth are essential. Tinkering at the margin won’t be enough, argues Ocado Solutions chief executive Luke Jensen.
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AnalysisAnalysis: As Ocado and Deliveroo warn of slowdown, where next for online food delivery?
Both Ocado and Deliveroo have warned of a potential slowdown in their businesses. Retail Week looks at how the two digital food retailers are looking to navigate the headwinds.
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NewsOcado sales fall following end of Covid restrictions
Ocado has attributed a decrease in revenues to a “softening market” as restrictions eased and more customers returned to offices.
