All Ocado articles – Page 6
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InterviewInterview: Gail’s boss Tom Molnar on high street survival and sustainable sourdough
The chief executive of high street bakery chain Gail’s Tom Molnar explains how the business has survived the pandemic and how his love of surfing has informed his commitment to sustainability.
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AnalysisAnalysis: How can retail respond to ‘The Great Resignation’?
As retail and hospitality get back to business, something seems to be missing – staff. Dubbed ‘The Great Resignation’ in the US, the UK is also being hit by workers who have had time to take stock over the pandemic and, in many cases, decided to change path.
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DataData: Grocery sales slip as customers enjoy lifting restrictions
Grocery sales continued to decline in August as customers returned to pubs, bars and restaurants.
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Opinion‘After yet another fire, Ocado’s international partners will be worried’
After a third fire at one of its automated distribution centres over the weekend, Ocado’s international partners must be looking on with a deal of concern.
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NewsOcado suffers second major warehouse fire in two years
Ocado has been forced to cancel thousands of orders and apologise to its customers following a fire at its largest warehouse in southeast London.
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AnalysisBecoming Amazon – should more retailers develop their own tech platforms?
The dramatic increase in online shopping during the past decade has sparked a surge in innovative technology businesses being spun out of the retail sector. In some instances, these ecommerce and logistics platforms have become the fastest-growing and often most highly-valued part of a retail business.
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NewsSainsbury’s and Ocado bosses warn of ongoing driver shortage impact
Sainsbury’s boss Simon Roberts has warned of availability issues until the end of the year, while Ocado has revealed it has seconded logistics staff to help suppliers to avoid disruptions.
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NewsOcado pens deal with Spanish grocer as sales soar
Ocado has announced a partnership with Spanish grocer Alcampo to develop its online business.
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NewsFormer Ocado co-founder settles with retailer following lengthy legal battle
Two former Ocado employees, including one of the company’s co-founders, have settled with the company after a drawn out legal battle over information theft.
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NewsOcado loses High Court case over urban distribution centre in North London
Ocado has lost a High Court challenge over the opening of a distribution and storage centre near a primary school in North London.
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NewsOcado raises prospect of international retail expansion
Online grocer Ocado is weighing up retail opportunities outside its domestic market.
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NewsMarks & Spencer tumbles to full-year loss as it seeks to reshape business
Marks & Spencer has swung to a loss for the year, as it works to make good on the “Never the Same Again” promise.
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Retail Navigator AnalysisOcado (People)
Founder Tim Steiner has remained at the helm of the group as chief executive since it began, maintaining Ocado’s long-term purpose and vision. Hannah Gibson was promoted from chief product officer for Ocado Technology to Ocado Retail chief executive in September 2022, replacing Mel Smith who had led the joint venture between Ocado and M&S since its inception in 2019.
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Retail Navigator Analysis
Ocado Group (Overview)
The 2019 joint venture partnership with Marks & Spencer effectively split the online grocery business, now Ocado Retail, from Ocado Solutions, its technology division that provides ecommerce infrastructure through its Smart Platform to a growing list of grocery businesses, both in the UK and in Europe, North America and Asia Pacific.
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Retail Navigator AnalysisOcado Group (Strategy)
Ocado’s joint venture with M&S changes the corporate structure. Ocado Technology is continuing to invest in automation and innovation, while Ocado Retail is focusing on customer acquisition to drive growth from 2023.
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Retail Navigator AnalysisOcado Group (Financials)
Ocado’s group revenues rose 12.4% to £2,835.0m for the 53 weeks ending 3 December 2023 (FY2023) or 9.9% on a 52-week comparable basis.
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DataData: The grocery winners and losers from the Covid-19 pandemic
Now that most grocers have issued full-year results, Retail Week crunches the numbers on a year marked by the coronavirus pandemic that supercharged food retailing.
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NewsOcado invests in autonomous vehicle software company
Commencing a multi-year partnership, which will see the two companies work together to create a new vehicle fleet, Ocado has invested in autonomous vehicle company Oxbotica.
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NewsOcado’s Steiner downplays threat from Amazon and on-demand start-ups
Ocado chief executive Tim Steiner has dismissed the threat of Amazon and emerging on-demand grocery start-ups, comparing them to pureplay convenience stores.
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NewsOcado sales climb as customers add M&S lines to baskets
Online grocer Ocado has reported a surge in quarterly sales, helped by demand for food from joint venture partner Marks & Spencer.