All Ocado articles – Page 8
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News
Ocado trials electric and pedal-powered deliveries
Ocado has launched a trial of electric-assisted and pedal-powered vehicles to deliver groceries.
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News
EG 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.
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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.
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News
Ocado 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.
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News
Ocado 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.
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News
Ocado 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.
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News
Grocers 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.
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Video
Face 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.
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Analysis
Analysis: 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.
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News
Grocery sales rise in October as record numbers flock online
Grocery sales jumped last month as a record number of shoppers turned to online.
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News
Steiner: 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.
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News
Ocado 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.
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News
Grocery 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.
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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.
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News
Waitrose 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.
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Opinion
Andy 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.
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News
Ocado 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.
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News
Eat Out to Help Out scheme wipes £155m off supermarket sales
Shoppers spent £155m less in supermarkets last month as they returned to restaurants, pubs and cafes during the Eat Out to Help Out scheme.
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News
Ocado sales rise as M&S partnership goes live
Ocado has posted an increase in quarterly sales and hailed a “positive” start to its joint venture with Marks & Spencer.
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News
Ocado traffic surges in first week of Marks & Spencer partnership
Traffic to Ocado’s website surged to its highest level since April in the first week of its joint venture with Marks & Spencer.