All Ocado articles – Page 8
-
AnalysisAnalysis: How Ocado plans to make up for lost time
At the beginning of the coronavirus pandemic, when demand for grocery home delivery jumped overnight, many would have predicted that no business in UK food retail was better placed to take advantage than Ocado.
-
NewsOcado narrows full-year losses as sales surge
Ocado has reported a spike in full-year sales as demand for online grocery during the pandemic jumped in what boss Tim Steiner says is a permanent shift in consumer shopping habits.
-
DataData: Grocery sales soar as record Christmas stretches into January
The festive cheer has rolled on into the new year for grocers, with data showing that customers’ record food and drink spending from December continued into January.
-
NewsOcado trials electric and pedal-powered deliveries
Ocado has launched a trial of electric-assisted and pedal-powered vehicles to deliver groceries.
-
NewsEG Group appoints Lord Rose as new chair
EG Group, whose owners are buying grocery giant Asda, has appointed retail veteran Stuart Rose as its new chair to address issues with its corporate governance.
-
Opinion‘Investors must separate wheat from chaff as etailers race to market’
The acceleration of online retail sales during the pandemic has brought a race to market as ecommerce players rush to pull off IPOs.
-
NewsOcado warns of product shortages as suppliers limit options
Ocado has warned of product shortages as supply chains are hit by the impact of the coronavirus pandemic.
-
NewsOcado appoints new chair to succeed Lord Stuart Rose
Ocado has appointed Richard Haythornthwaite as its new non-executive chair, to succeed Lord Stuart Rose next year.
-
NewsOcado ups profit guidance as fourth quarter sales surge
Ocado has said it now expects its full-year EBITDA to surpass £70m following a quarter of “exceptional demand” and strong sales growth.
-
NewsGrocers record highest sales on record in November
Supermarkets reported the biggest month of sales on record in November as shoppers stole a march on Christmas shopping.
-
VideoFace time: Lord Rose on Christmas, the future of cities and limiting screen time
From bricks and mortar to online, Lord Stuart Rose’s experience spans all of retail and the industry’s ups and downs. The Ocado chair and former Marks & Spencer chief executive shares his thoughts on the second lockdown, vaccine hopes, Christmas prospects and the industry’s future.
-
AnalysisAnalysis: Vaccine joy sparks share price snakes and ladders
Welcome news of a coronavirus vaccine has sparked a stock market shift as investors rushed to buy and sell shares. Big-name retail and other consumer stocks shunned during the pandemic were back in fashion, while lockdown stars took a hit.
-
NewsGrocery sales rise in October as record numbers flock online
Grocery sales jumped last month as a record number of shoppers turned to online.
-
NewsSteiner: Ocado acquisitions could pave way for move into new sectors
Ocado chief executive Tim Steiner says the group’s acquisition of two robotics firms could pave the way for the grocery pureplay to move into the general merchandise and fashion sectors in future.
-
NewsOcado acquires two tech firms as M&S tie up proves fruitful
Ocado has upped its profit guidance for the year for its joint venture with M&S as trade “remained strong” in the fourth quarter.
-
NewsGrocery sales rise as consumers shift spend to at-home options
Food retail sales have climbed as shoppers eat and drink more at home rather than going out as the effects of the Covid pandemic continue to play out.
-
Opinion‘As shoppers flock online, investors are following’
The Issa brothers’ £6.8bn swoop on Asda may be an exception that proves the rule. While the forecourt convenience retail entrepreneurs have put their money into a primarily bricks-and-mortar business, other people’s cash is increasingly going elsewhere.
-
NewsWaitrose delivers early blow in online battle with Ocado
Waitrose has stolen a march on former partner Ocado in the battle for online shoppers after the pureplay’s capacity issues saw weekly orders slump.
-
OpinionAndy Clarke: ‘Online rush will contribute to serious margin trouble across grocery’
The battle for the online food home-delivery market is entering the world of the surreal.
-
NewsOcado struggling with new customer backlog despite capacity increase
Ocado’s chief financial officer has defended the retailer’s response to growing demand for its service, despite saying it was “barely scratching the surface” with regards to its backlog of new customers.
