All Ocado articles
Ocado was founded by Tim Steiner, Jason Gissing and Jonathan Faiman in 2000, the business was built as an online grocer and benefited by being able to sell Waitrose products to its customers. Ocado floated in 2010. In 2019, Ocado struck a landmark £750m deal with Marks & Spencer to turn its retail business into a joint venture. Ocado has increasingly positioned itself as a technology company and sought to sell its services to international partners.
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NewsOcado sales rise as customer proposition strengthened
Online grocer Ocado has reported an increase in quarterly sales following price cuts and a focus on improved execution.
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AnalysisForecast: Who will win in grocery as inflation begins to ease?
Grocery spend increased by 8.4% and 8.7% on a total and like-for-like basis respectively in the three months to July, according to the BRC-KPMG Retail Sales Monitor. This compares to a 1.5% increase for retail overall. With high rates of food inflation, value has been the key focus and, despite transaction value increasing, volumes have been in decline.
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NewsOcado cuts prices on 200 items as part of ‘Big Price Drop’
Ocado Retail is cutting the price of another 200 items as part of its ‘Big Price Drop’ initiative that started in June.
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NewsOcado Solutions boss Luke Jensen to retire
Luke Jensen will be retiring from his role as chief executive of Ocado Solutions and executive director of the board, effective September 30.
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NewsOcado wins £200m payout as patent row settled
Tech and online retail giant Ocado is to be paid £200m by robotics company Autostore after the pair settled a patent row.
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OpinionOcado’s Luke Jensen: Retail should embrace AI – it won’t bite
Debates around the future direction of AI have been lifted out of the realms of academia and advanced technology and into the mainstream. So what’s changed? Why the hype? And why should the retail industry care? Ocado Solutions chief executive Luke Jensen explains all.
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NewsOcado and M&S ‘in agreement’ despite performance concerns
Ocado Group chief executive Tim Steiner says that both Ocado and M&S are “in agreement” despite M&S chair Archie Norman telling investors last week that he was “not happy” with its performance.
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NewsOcado remains ‘confident’ as it returns to profitability
Online grocer Ocado has posted a return to profitability in its second quarter and said it remains “confident” in its full-year performance following the first half of the financial year.
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Opinion‘More Marks & Spencer magic should help Ocado sparkle’
As Ocado prepares to reveal half-year results next week, the tech and retail group’s star has been on the wane.
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NewsOcado slashes prices on more than 100 grocery products
Pureplay grocer Ocado has cut the prices on over 100 everyday essential items by up to 25% across a range of own-brand and Marks & Spencer items.
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NewsOcado appoints non-executive director amid takeover speculation
Ocado has named Rachel Osborne as its new independent non-executive director as takeover speculation continues.
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NewsGrocery inflation hits ‘lowest level this year’ but still at 16.5%
Grocery price inflation has fallen to its lowest level this year, but is still at the sixth-highest monthly figure recorded since 2008.
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NewsGrocery price inflation at third-highest level since 2008
Grocery prices have fallen for the second month in a row, but inflation is still at the third-highest rate since records began in 2008.
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NewsOcado 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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NewsOcado to close fulfilment centre putting over 2,000 jobs at risk
Ocado is set to close its Hatfield customer fulfilment centre, putting 2,300 jobs at risk.
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AnalysisAre driverless vehicles retail’s fulfilment future or science-fiction fad?
As we approach the middle of the 2020s, talk of advanced technology is rife as retailers look to digitally transform parts of their supply chain in line with the evolution of the industry
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NewsOcado triumphs in High Court patents dispute
Ocado has seen off claims from an international rival that alleged it had stolen several of its technological inventions.
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NewsOcado sales and customer numbers rise but basket size falls
Online grocer Ocado Retail reported being “on track to restore sales momentum” after revenues climbed in its first quarter.
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AnalysisInnovation of the Week: Ocado broadens retail media opportunities with new partnership
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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AnalysisAs Ocado banks on international tech success, is this as good as it gets at home?
After Ocado swung to a £500m annual loss, any momentum it built up over the last few years has all but vanished.