Ocado
This coverage analyses Ocado’s performance and strategy within the UK retail and grocery sector, focusing on its technology-driven fulfilment operations, partnerships, financial results, leadership changes, and innovations in online retailing. Reporting helps retail managers and executives assess how Ocado’s model and decisions influence the broader grocery and e-commerce landscape.
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Sep- 2021 -21 SeptemberFeatures
September’s retail results: The winners and losers
Retail can be argued as the industry that has shifted the most as a direct result of the global pandemic, and continues to change as we enter a post-pandemic period. The rise of e-commerce has been accompanied by high profile high street closures, supermarkets have become the centre of private…
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14 SeptemberSupermarkets
Ocado Q3 retail revenues damaged by fire
Ocado Retail, the joint venture between Ocado Group and Marks and Spencer Group, saw Q3 FY21 revenues fall 10.6% year-on-year as its Erith CFC fire disrupted operations. However, the £517.5m in group revenues still represented a 54% two-year spike for the 13 weeks ended 29 August 2021. The group reported…
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Aug- 2021 -25 AugustPeople Moves
Asda eyes former M&S boss for chief exec role
Asda is reportedly looking to Lord Rose of Monewden, the former boss of Marks and Spencer, as its new chief executive. According to The Times, the Issa brothers, owners of Asda, are considering Rose after Roger Burnely completed an early resignation earlier this month. Rose, who served as M&S chief…
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24 AugustPeople Moves
Former Amazon VP joins Ocado as non-executive director
Ocado has announced that former Amazon vice president Nadia Shouraboura will join the group as an independent non-executive director. Shouraboura, who will take up the role at the start of September, will also be a member of Ocado’s nomination committee. Shouraboura joined Amazon in 2004, before exiting in 2012 to…
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17 AugustSupermarkets
Grocery sales fall 4% as pre pandemic habits return
Grocery sales fell by 4.0% during the 12 weeks to 8 August 2021 compared with the same time last year as consumers have started to return to pre-pandemic spending habits, according to the latest figures from Kantar. In the shorter term, Kantar found sales are declining much more slowly: by…
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9 AugustHR
Ocado to allow staff to work from anywhere for one month a year
Ocado has reportedly told its staff members that they can now work wherever they want, including abroad, for one month a year. According to The Times, the opportunity has arisen following numerous requests from employees at the online grocer who worked from home during the pandemic. The decision has supposedly…
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Jul- 2021 -7 JulySupermarkets
Ocado to partner with Spanish grocer Alcampo
Ocado has outlined a new agreement with Auchan Retail, which will see Ocado Solutions develop the online business of Alcampo, a Spanish grocer, using the Ocado Smart Platform. Auchan Retail, one of the world’s largest grocery retailers, operates the Alcampo brand in Spain through a network of 310 stores, including…
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6 JulySupermarkets
Ocado H1 revenues jump 21.4% to £1.3bn
Ocado Group’s total revenues jumped 21.4% year-on-year to £1.32bn for the 26 weeks ended 30 May 2021. The end-to-end grocery firm also saw group EBITDA spike 41.2% year-on-year to £61m, up from £19.8m in H1 FY20. Despite reporting a loss before tax of £23.6m for the period, this represented a…
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May- 2021 -26 MaySupermarkets
M&S to close sites amid £201m loss
Marks and Spencer has swung to a statutory £201m loss in its financial results for the year ended 3 April 2021, down from a profit of £67m a year before, which it primarily attributed to lockdowns and tiered pandemic restrictions over the period. This represents a 31.5% drop in total…
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Apr- 2021 -7 AprilAnalysis
Amazon’s here – so what’s the future for UK supermarkets?
Amazon has set its sights on the UK supermarket sector. From the Amazon Fresh initiative to its partnership with Morrisons, offering free, next day delivery to Prime customers, the arch disruptor is looking to turn the UK multiple market on its head. Free next day delivery for everyday, household essentials…
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