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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Mar- 2021 -30 MarchSupermarkets
Grocery sales growth slows in Q1 2021
Grocery sales reportedly rose 7.4% during the 12 weeks to 21 March 2021, representing a slowdown in growth as sales are annualised against 2020 spending. According to research conducted by Kantar, sales across the most recent four weeks marked a 3% year-on-year decline. The study found that although shopping had…
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29 MarchComment
Clean Sweep: The great supermarket sustainability drive
For years now, the dangers of plastic to the environment and an impetus to reduce our use of it has been present. The non-biodegradable substance can hang around the environment for hundreds of years after its use, becoming a danger to animals and ecosystems across the world. According to the…
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18 MarchNews
Ocado revenue soars amid ‘dramatic’ shift to online
Ocado has announced that retail revenue soared by 40% in its first quarter ended 28 February 2021, amid a “dramatic and permanent” shift towards online shopping in light of the pandemic. Average orders per week were up by 2.5% against the first quarter of 2020, while the average order size…
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17 MarchSupermarkets
Ocado unveils own label rebrand
Ocado has undertaken a rebranding strategy that includes 100 new products and less packaging, as well as a switch from green to purple. The food retailer said that 530 items in the group’s own label range are set to be changed in time for today’s (17 March) launch. Moreover, the…
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Feb- 2021 -22 FebruarySupermarkets
Aldi crowned UK’s favourite in-store supermarket by Which?
Aldi has been named the UK’s favourite in-store supermarket in Which?’s annual satisfaction survey. According to the consumer organisation, Aldi emerged as the top in-store supermarket in the UK after receiving a five-star rating for value for money – the only supermarket to achieve this in the survey – and…
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9 FebruarySupermarkets
Ocado sees annual earnings soar by 69%
Ocado has seen its annual earnings rise by 69% as the pandemic strengthened the demand for online grocery shopping. The virtual supermarket revealed that group earnings were £73.1m for the year ending on 29 November 2020, up from £43.3m the previous year. Earnings in Ocado Retail, the company’s joint venture…
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8 February
Sunak mulls ‘Amazon Tax’ to help with UK debts
Chancellor Rishi Sunak is allegedly considering a double tax raid on online retailers such as Amazon who profited during the pandemic. According to The Sunday Times, leaked emails show that Treasury officials have already called for tech firms and retailers to meet this month ahead of the March budget to…
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Jan- 2021 -25 JanuaryAdvice
Turn the tide in your favour
When customers went to buy groceries online after the latest national lockdown was announced on 4 January, they were met with a sense of deja vu. Surges in traffic to popular grocers like Sainsbury’s and Tesco meant that many customers couldn’t access websites and apps to place food orders and…
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22 JanuaryPeople Moves
EG Group appoints Lord Stuart Rose as chair
The Issa Brothers’ EG Group has announced the appointment of Lord Stuart Rose as non-executive chairman with immediate effect. Lord Rose is currently chairman of Ocado plc, a post from which he will retire in May after more than eight years as chair. He previously served as chief executive and…
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20 JanuaryAnalysis
Retailers and the pressing question of their real estate portfolios
It is not an understatement to say that Covid-19 has vastly altered markets and the way businesses work within them, especially those in the retail sector. Arguably one of the greatest changes induced by Covid-19 is the rapid take-up of e-commerce in place of physical retail. “Online sales have accelerated…
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