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Ocado confirms job losses amid £150m cost-cutting drive 

Ocado confirms job losses amid £150m cost-cutting drive 

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Angling Direct FY revenues rise 13.8% to ‘record’ £103.9m

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EG Group to exit French market in debt reduction move

Topic Hub

AO

This coverage examines AO’s performance, strategy, and operations within the UK electricals and e-commerce market. Reporting covers financial results, fulfilment developments, leadership moves, partnerships, and market positioning. It is designed for retail executives, category managers, and operations professionals analysing digital retail models, supply chain efficiency, and competitive dynamics in the home appliances sector.

AO

This coverage examines AO’s performance, strategy, and operations within the UK electricals and e-commerce market. Reporting covers financial results, fulfilment developments, leadership moves, partnerships, and market positioning. It is designed for retail executives, category managers, and operations professionals analysing digital retail models, supply chain efficiency, and competitive dynamics in the home appliances sector.

Today’s news in brief-26/11/24

AO World has raised its full-year profit forecast to between £39m-£44m after reporting a 30%…

AO raises guidance as half-year profits hit £17m

Electrical retailer AO has raised its full-year forecast to between £39m and £44m, as…

Today’s news in brief-2/10/24

Shop prices fell by 0.6% in September, marking the lowest annual growth since August 2021.…

AO World to acquire MusicMagpie in £10m deal

AO World has announced that it is set to acquire MusicMagpie in a deal worth £9.98m which is…

John Lewis brings back ‘never knowingly undersold’ promise

John Lewis has announced it is to bring back its ‘never knowingly undersold’ price match…

Today’s news in brief-23/7/24

Tapi Carpets and Floors Limited has acquired the Carpetright brand and 54 stores following…

Retail welcomes apprenticeship levy reform

Retailers such as AO and Co-Op as well as the British Retail Consortium have welcomed…

Today’s news in brief

Former BHS owner Dominic Chappell has been ordered to pay at least £50m by a High Court…

AO adjusted PBT hits £34.3m in bumper FY24

Electrical retailer AO World has reported that adjusted profits before tax reached £34.3m in…

Today’s news in brief-28/3/24

AO expects to meet profit guidance, anticipating adjusted profit before tax to be at the top…
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