All Tim Steiner articles
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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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Analysis
Analysis: 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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News
Ocado’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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Analysis
Analysis: 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.
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Opinion
‘Avocados at dawn as M&S and Waitrose prepare for clash after Ocado switchover’
In just over a week’s time, a venture that Marks & Spencer hopes will be transformational goes live – its tie-up with online grocer Ocado, bringing its food range online for the first time.
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News
Ocado shareholders revolt over £88m bonus scheme for bosses
Nearly a third of Ocado investors voted against the business’ plans for a pay rise and £88m bonus payout for its top brass.
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News
Ocado boss: Kroger will be number one in ecommerce
Ocado boss Tim Steiner believes its partnership with Kroger will transform the American grocer into “the number one player in ecommerce in the US”.
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Video
Watch: Is Ocado boss Tim Steiner worth £100m?
After a quarter of Ocado’s shareholders revolted against boss Tim Steiner’s £100m bonus package, the team asks whether he deserves such a hefty financial reward.
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News
Ocado's Steiner shrugs off Amazon Whole Foods deal
Ocado boss Tim Steiner has downplayed the impact of Amazon’s Whole Foods acquisition − and insisted it will help the etailer to sell its technology.
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News
Ocado boss Tim Steiner shrugs off Amazon takeover rumours
Ocado’s Tim Steiner has shrugged off rumours that Amazon is eyeing a bid for the grocer and said he would happily go toe-to-toe with the etailer.
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News
Retail Week Live: Tim Steiner says Ocado has "great advantage" over grocery giants like Walmart
Ocado boss Tim Steiner believes the etailer has a “great advantage” over grocery giants like Walmart because he and his management team are all genuine customers.
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Opinion
Comment: Ocado’s first annual pre-tax profit is tribute to Tim Steiner
It still starts with an o and it ends in an o, but at last online grocer Ocado has recorded a full-year statutory profit.
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News
Retail Week Live: Tim Steiner explains why Morrisons tied up with Ocado
Ocado boss Tim Steiner explains to Retail Week why Morrisons’ decision to use its intellectual property was the right decision for the Bradford based grocer.
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Interview
Q&A: Morrisons deal will "transform our balance sheet", says Ocado boss Tim Steiner
This morning Ocado signed a deal to develop Morrisons’ online offer. Retail Week speaks to Ocado chief executive Tim Steiner and chief finance officer Duncan Tatton-Brown about what the deal means for the online retailer.
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News
Waitrose calls in lawyers as Ocado boss insists Morrisons deal will have 'positive impact'
Ocado chief executive Tim Steiner has insisted his deal with Morrisons would have no impact on the contractual relationship with Waitrose as the latter instructs its lawyers to examine the deal.
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Interview
Q&A: Ocado chief executive Tim Steiner
Ocado reported a slowdown in sales growth in the third quarter today as the Diamond Jubilee and Olympics impacted sales. Chief executive Tim Steiner tells Retail Week how Ocado is tackling price perception issues and why Tesco boss Philip Clarke is playing into his hands.
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News
Ocado chief executive Tim Steiner plots price war
Ocado chief executive Tim Steiner has revealed plans to accelerate growth by challenging its rival grocers to a price battle through price promotions over the next year.