Ocado is and online grocer and technology group. In 2019, Ocado Retail struck a landmark £750m deal with Marks & Spencer to turn its retail business into a joint venture. Via Ocado Solutions, the comapny has sought to sell its services to international partners including US giant Kroger and Japanese powerhouse Aeon. Retail Week provides news, analysis, features and opinion about Ocado and the grocery sector.
While Ocado co-founder and boss Tim Steiner’s time at the helm of the business is drawing to an end, he has set his sights on striking new third-party deals in the US for his final act
Ocado’s joint venture with Marks & Spencer delivered a profit in the first half of the year, as group CEO Tim Steiner said the brand’s technology arm was eyeing new deals internationally.
John Lewis was the highest-rated retailer for customer satisfaction in the July edition of a long-running barometer published by the Institute of Customer Service, but retailers are now rated lower than banks on average
After nearly two weeks of gathering speculation and reports of an increasingly bitter boardroom battle, Ocado has today laid out its succession plans for chief executive Tim Steiner.
Ocado has set out plans for what it called the “next phase of its long-term leadership transition” following weeks of media speculation over the future of chief executive Tim Steiner.
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