Search Results for: Ocado
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Supply Chain
Ocado to close warehouse risking 2,300 jobs
Ocado has announced that it is closing its fulfilment centre in Hatfield putting 2,300 jobs at risk. The retailer stated…
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Supermarkets
Ocado Q1 sales rise 3.4% to £584m
British online supermarket Ocado retail has reported that its Q1 2023 sales increased to £584m, marking a 3.4% rise over…
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Supermarkets
Ocado losses widen to £500m
Ocado Group has revealed its losses widened to £500m for the 52-week period ended 27 November 2022, as the online…
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Online & Digital
Ocado reveals Q4 revenues of £550m
Online retailer Ocado has announced revenues of £550m for 13 weeks ended 27 November 2022, an increase of 0.3% compared…
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Technology
Ocado partners with South Korea’s Lotte Shopping
Ocado Solutions has entered the South Korean market following a new partnership with Lotte Shopping, which will aim to develop…
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Supermarkets
Ocado shares rise amid Kroger merger talks
Ocado shares have risen over 10% after reports that its largest technology client, Kroger, was in talks with US supermarket…
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Supermarkets
Ocado shares drop amid HSBC downgrade
Ocado Retail Ltd shares dropped on Tuesday (20 September) after analysts at HSBC downgraded the retailer’s rating from ‘hold’ to…
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Supermarkets
Ocado lowers outlook as customers cut back
Ocado Retail Ltd has lowered its outlook for FY22 as revenue growth in Q4 is not expected to generate full-year…
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People Moves
Ocado Retail names Hannah Gibson as CEO
Ocado Retail Limited has unveiled the appointment of Hannah Gibson as its new CEO, effective from 20 September. Having spent…
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Supermarkets
Ocado losses widen to £211m
Ocado has revealed an interim loss before tax of -£211m, for the 26 weeks ending on 29 May, which it…
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