Ocado Retail

Today’s news in brief-29/2/24

UK retail destinations saw a decline in footfall by -2.2% overall for the month. The start of February was marked…

Read More »

Ocado posts £394m FY loss despite improved cash flow

Ocado has posted a £394m pre-tax loss for FY23, despite also reporting strong revenues growth, positive adjusted EBITDA and improved…

Read More »

Ocado returns to earnings growth as sales soar

Ocado has returned to positive earnings in its full-year results after sales soared over the year, in part boosted by…

Read More »

Price cuts boost Ocado sales in Q3

Price cuts have helped entice shoppers to Ocado in its third quarter of trading, with retail sales up by 7.2%…

Read More »

Ocado restates FY23 guidance despite increased losses

Ocado has restated that it has full confidence in its FY23 guidance despite posting losses of £289.5m for the half…

Read More »

M&S chair ‘unhappy’ with Ocado Retail performance

M&S chair Archie Norman has reportedly told shareholders last week that he is “not happy” with the performance of Ocado…

Read More »

Ocado shares jump amid rumours of Amazon interest

Ocado has seen its share jump price surge by almost 32% this morning (23 June) among rumours that online retail…

Read More »

M&S FY sales and profits jump as turnaround strategy bites

M&S has seen its full-year profits and sales increase despite the ongoing cost-of-living crisis and tough economic conditions over the…

Read More »

Third of Ocado shareholders vote against CEO’s £2m pay packet 

Around 30% of shareholders at Ocado have voted against a measure that would see CEO Tim Steiner receive a £2m…

Read More »

Tesco and M&S among first to join Compostable Coalition UK

Representatives from Tesco, Marks and Spencer and Ocado Retail are among the first to be named as Compostable Coalition UK…

Read More »