Search Results for: Ocado
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News
Ocado Retail CEO Melanie Smith to step down
Ocado Retail has announced that its chief executive, Melanie Smith CBE, will leave the business after three years in the…
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Supermarkets
Ocado extends partnership with Groupe Casino
Ocado has announced the completion of agreements to extend its working partnership with Group Casino in France. The partnership extension…
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News
Ocado taps investors for £575m amid tech expansion
Ocado Group plc, the online grocery platform, is set to raise £575m of new ordinary shares of 2 pence per…
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Supermarkets
30% of Ocado shareholders vote against £100m CEO bonus plan
Almost 30% of Ocado shareholders voted against the company’s remuneration policy that would see its chief executive Tim Steiner receive…
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News
Ocado faces backlash over boss Tim Steiner’s £100m pay plan
Ocado faces a shareholder backlash over plans to reward boss Tim Steiner with up to £100m at a time when…
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Supermarkets
Ocado set to receive £190m from M&S amid joint venture success
Ocado is reportedly set to receive an estimated £190m after its food delivery joint venture with M&S is thought to…
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Online & Digital
Ocado lowers growth forecast amid drop in Q1 sales
Ocado Retail Ltd has announced its revenues dropped 5.7% year-on-year in the 13 weeks to 27 February 2022 (Q1) to…
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Online & Digital
Ocado FY21 losses widen amid labour shortages and robotics roll-out
The Ocado Group has reported a loss before tax of £176.9m for the 52 weeks ending 28 November 2021 (FY21),…
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Supermarkets
Ocado unveils new suite of ‘game changing innovations’
The Ocado Group has announced a new suite of “game-changing” innovations for its proprietary Ocado Smart Platform (OSP) to help…
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Supermarkets
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…
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