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.
-
Jan- 2020 -13 JanuaryComment
How retailers can stand out from the crowd in 2020
The start of the year is always a good moment to reflect on what the months ahead – indeed decade ahead – might bring for our industry. It’s an exercise i’ve done many times and yet, this year, setting out predictions felt a little challenging. This is, at least in…
Read More » -
2 JanuaryComment
How customer-centricity is the key to the online grocery market
The British online grocery retail market is set to grow by almost nine per cent over the next five years according to IGD—meaning the UK has one of most voracious appetites for grocery delivery. But that means supermarkets are now facing competition from multiple sources, including traditional retailers offering home…
Read More » -
Dec- 2019 -12 DecemberSupermarkets
Ocado sees sales slow in Q4
Online supermarket Ocado has revealed that sales its sales growth had slowed slightly in Q4, coming in line with its expectations at 10.8%. For the 13-week period ending 1 December, Ocado’s revenues reached £429.1m, down from third quarter growth of 11.4%, after it was revealed that a 10.4% growth in…
Read More » -
Nov- 2019 -6 NovemberHigh Street
Profits plummet at M&S as clothing sales slide
Marks and Spencer has announced a 17% drop in profits to £176.5m for the first half of the financial year, with continued slumps in clothing sales affecting the high street giant. The first six months of the financial year saw a decline of -5.5% in like-for-like clothing sales, despite the…
Read More » -
Oct- 2019 -17 OctoberPeople Moves
M&S CFO Humphrey Singer to depart on 31 December
Marks and Spencer has announced that Humphrey Singer will step down from his role as CFO on 31 December. The departure was announced last month after Jill McDonald, managing director of clothing, home and beauty, also departed from the company after less than 2 years. Singer began his retail career…
Read More » -
9 OctoberPeople Moves
M&S names new food directors ahead of £750m Ocado Partnership
Four new directors have been appointed to strengthen the senior team at Marks & Spencer’s food business before its tie-up with Ocado. According to The Times, Tesco strategy director Pav Anand has been appointed as head of food strategy and Sainsbury’s head of technical, Lisa Raschia is now head of…
Read More » -
Sep- 2019 -23 SeptemberPeople Moves
Marks & Spencer CFO exits
Marks and Spencer (M&S) has announced that its group chief financial officer, Humphrey Singer, has decided to leave the business. M&S said Singer will work with Steve Rowe, group chief executive officer, and the board to ensure an “orderly transition”. A departure date has not yet been decided and will…
Read More » -
11 SeptemberHigh Street
Most valuable UK retailers ‘falling behind’ global rivals, study finds
The value growth of the UK’s top retail brands is “falling behind” that of the leading global retail brands, according to Kantar’s ‘2019 BrandZTM Top 75 Most Valuable UK Brands’ ranking. While the UK retailers in the Top 75 grew their combined value by 4% over the last year, their…
Read More » -
Aug- 2019 -21 AugustAnalysis
How food retailers can capitalise on AI’s potential
The grocery sector is preparing for a period of unprecedented disruption as food retailers battle to discover new sources of value for consumers. Focusing on the fundamental aims of improving customer service, loyalty and integration of digital and real-life experience, retailers are seeking out ways to better understand shoppers’ buying…
Read More » -
20 AugustSupermarkets
Supermarket growth remains flat over summer
Supermarket growth remained flat for the 12 week period to 11 August, with all chains barring discount brands Aldi, Lidl and Iceland reporting a drop in sales. Sales at Asda and Tesco who maintain the largest share of the market, shrunk by 1.5% and 1.6% respectively for the period, according…
Read More »