All Ocado articles – Page 45
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NewsLacklustre sales fail to dent general stores
General stores rose over the week versus the All-share index, even edging up on Tuesday when the latest BRC sales data showed a lacklustre performance.
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NewsOcado confirms plans for second warehouse
Ocado has confirmed plans to open a second distribution centre, signing a deal for a 350,000 sq ft warehouse in the Midlands.
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NewsSluggish growth puts brokers off their food
Food retailers’ shares looked far from scrumptious ahead of Tesco’s interim results next Tuesday and Sainsbury’s second-quarter update a day later.
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AnalysisInternational grocers are catching on to app fever
After successful launches by the UK’s Ocado and Tesco, international grocers from Germany to Australia are now looking to capitalise on the trend towards mobile shopping.
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OpinionComet follows a new path
Kesa has been proving more popular of late, thanks in part to stakebuilding by activist investor Knight Vinke and Comet’s project to differentiate and broaden its appeal
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NewsOcado poised to relaunch its own-label as Q3 sales rocket
Ocado is set to relaunch its own-label range after posting strong sales in its third quarter.
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NewsOcado sales up 30%, but shares fall in early trading
Ocado has revealed strong sales growth this morning in its first trading update as a quoted company, but its shares fell following the update.
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NewsHome Retail and Game expected FTSE casualties
Home Retail Group and Game are likely to lose status next week when the FTSE index undergoes one of its regular recalculations.
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NewsOcado shares up by 5% ahead of update
General store stocks improved compared with their recent weak showing but the sector remains well down over the year in comparison with food groups and the All-Share index.
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NewsOcado shares fall again on analyst comment
Online grocer Ocado saw its share price fall yesterday (August 31) after a leading retail analyst predicted a decline in its market share and questioned its growth strategy.
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OpinionM&S’s online food for thought
Ocado’s share price since flotation and its ongoing attempt to become profitable will be of consuming interest to retail directors other than just the online grocer’s. Among them no doubt is Marks & Spencer chief executive Marc Bolland, who is gearing up to unveil his strategy this autumn.
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NewsOcado shares continue to freefall
Ocado has suffered a disappointing first month of trading on the London Stock Exchange, with its shares losing 20.7% of their value.
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NewsOcado shares hit new low
Home shopping group Ocado’s shares hit a new low yesterday, and from today the stock can no longer be propped up by Goldman Sachs acting as a trading counterparty.
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NewsOcado second warehouse site gets green light
The green light has been given to a 124-acre extension to Birch Coppice Business Park where etailer Ocado is expected to open its second warehouse.
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OpinionThe mobile is the medium of the message
“The medium is the message”. Marshall McLuhan’s dictum, which defined the post-Second World War marketing era, has become more pertinent than ever in this age of the worldwide web.
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NewsOcado has ‘everything to prove’, broker says
Ocado has a “racy valuation” but is a “sophisticated offering with everything to prove”, according to Collins Stewart analyst Greg Lawless.
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NewsBoost for Ocado as Fidelity buys stake
Ocado has been given a boost as it has emerged that Fidelity, one of the world’s largest fund managers, has taken a 13% stake in the business.
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NewsIn focus: Ocado
Now that the Ocado IPO dust has settled what, if any, are the lingering problem areas?
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OpinionNo room for smug consensus
Ocado chief executive Tim Steiner rather gracelessly laid into independent City analysts after last week’s lacklustre IPO, following which the online grocer’s shares immediately fell below the opening price.
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NewsOcado arranges meeting for unconnected analysts
Ocado is to host a meeting for leading unconnected analysts next week, after facing a barrage of criticism in the run up to its float.