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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Jul- 2018 -24 JulySupermarkets
Warm weather and football fever boosts supermarket sales
The UK groceries’ market share has increased at its fastest rate this year as a result of football fever and sunny weather, new figures show. A report from consultancy Kantar Worldpanel revealed supermarket sales grew 3.6%, with sales of firelighters (47%) and fresh burgers (30%) increasing as well. The data…
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17 JulyEconomy
Bad debt owed to UK retailers rises to £53.6m in three months
There has been a 2464.5% increase in bad debt owed to UK retailers in the last three months, according to credit report company Creditsafe’s quarterly Watchdog Report. This has been a rise of more than £51.5m, bringing the total to £53.6m and the firm has said that the debt is…
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10 JulyOnline & Digital
Ocado reports £9m half-year loss amid heavy investment
British online supermarket, Ocado, has reported a £9m loss in its half-year financial results amid a period of heavy investment. For the six months ending 3 June 2018 the retailer made £9m loss, but total revenue increased by 12.1% year-on-year from £713.8m to £799.9m. The grocer says losses were due…
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Jun- 2018 -26 JuneEconomy
British grocery market sees two years’ consecutive growth
Britain’s grocery sector has grown for two consecutive years, according to the latest grocery market share figures from Kantar Worldpanel for the 12 weeks to 17 June 2018. The figures published today, 26 June, showed supermarket sales have risen for 25 consecutive months and now stand at 2.1% compared with…
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May- 2018 -31 MayOnline & Digital
Ocado enters FTSE 100, M&S narrowly avoids relegation
Ascendant online supermarket delivery service, Ocado, has secured a position in the FTSE 100, while Marks and Spencer narrowly avoided being dropped. Ocado’s share price has roughly trebled over the last 12 months, in a strong performance which boosted the group onto the list of the UK’s top 100 companies…
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17 MaySupermarkets
Ocado signs deal with US supermarket Kroger
Online supermarket Ocado has signed a partnership agreement with US grocer Kroger which will see Ocado’s technology used exclusively by the American company for grocery and other food distribution related activities. The objective of the partnership is to allow Kroger to “redefine” the grocery customer experience in the US through…
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11 MayAnalysis
The death of the UK high street
The high street as we know it is dead. Boring stores are dead. Or if they are not dead yet, they will be if retailers do nothing. The high street started to decline because retailers saw firstly that out-of- town, and then online were what customers wanted. It’s always driven…
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2 MayOnline & Digital
Ocado announces partnership with Swedish retailer ICA
Online supermarket Ocado has announced a partnership with Swedish grocery retailer ICA to allow use of Ocado’s smart platform services. The announcement saw shares in the online supermarket raise by 5%, and will see Ocado provide solutions for ICA’s online grocery service, including a new website supported by Ocado’s online…
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Mar- 2018 -21 MarchNews
Ocado revenue hit by adverse weather conditions
Online grocer Ocado has reported its sales were “impacted by adverse weather conditions” ensuing from the ‘Beast from the East’ early this month, and that profits have also taken a hit. Growth was 11.7% to £363.4 million, with tens of thousands of orders over the quarter being affected by snow.…
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13 MarchGovernment
Leading retailers support plan for sustainability and equality
Over 25 leading UK retailers, including Sainsbury’s and John Lewis, have signed up to a series of pledges to tackle global challenges over the coming decades. The ‘Better Retail Better World’ scheme includes a series of stretching targets for the retail industry to achieve by 2020, and uses the United…
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