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Britain's Ocado says partner Morrisons to cease deliveries from Erith site
02:32am, Thursday, 28'th Nov 2024
British online supermarket Ocado Group said its partner Morrisons will gradually cease deliveries from its robotic warehouse in Erith, in London, and will instead increasingly utilise a site in Dordon
Ocado and Tesco outpace grocery market growth as Christmas shopping starts early
06:44am, Tuesday, 12'th Nov 2024
Ocado Group PLC (LSE:OCDO), Tesco PLC (LSE:TSCO) and J Sainsbury PLC (LSE:SBRY) all outgrew the wider grocery market as supermarkets enjoyed their best month of the year. Over the four weeks to 3
Ocado's new chair points at effort to push into new sectors
04:09am, Thursday, 31'st Oct 2024
Ocado Group PLC (LSE:OCDO) has appointed IT and consulting veteran Adam Warby to be its new chairman. He will join the board as an independent non-executive director from tomorrow, 1 November, befor
Ocado names Adam Warby as new chair
03:19am, Thursday, 31'st Oct 2024
Ocado , the British online supermarket and technology group, on Thursday named Adam Warby as its chair from Dec. 1, succeeding Rick Haythornthwaite.
Ocado Group reportedly tapping former Microsoft exec as new chair
07:38am, Monday, 21'st Oct 2024
A former Microsoft Corp executive has been tapped to replace Ocado Group PLC (LSE:OCDO)'s chairman from next month, according to a Sky News report. If confirmed, Adam Warby, whose LinkedIn profile al
Virgin Wines strikes Ocado deal
03:11am, Friday, 04'th Oct 2024
Virgin Wines UK PLC (AIM:VINO) has announced a new partnership with Ocado.com, allowing Ocado customers to buy individual bottles of wine from the Virgin Wines portfolio for the first time. Starting o
Ocado Retail's rapid recent growth is 'important reminder' of the power of its technology, say analysts
10:51am, Thursday, 19'th Sep 2024
Although the magnitude of Ocado Retail's revenue upgrade wasn't large, the key point is the "exceptionally strong" growth for the past quarter, analysts said, showing the sort of growth that 50% owner
Ocado Retail ups revenue guidance despite prices falling
02:33am, Thursday, 19'th Sep 2024
Ocado Retail has raised its full-year sales guidance after reporting improved revenue growth for the third quarter, driven by growth in customer numbers. The business, which is a 50-50 joint venture
UK's Ocado Retail lifts guidance on customer growth
02:08am, Thursday, 19'th Sep 2024
British online supermarket Ocado Retail lifted its guidance for its 2023-2024 year after reporting a 15.5% increase in revenue in its latest quarter that reflected growth in customer numbers.
Ocado Retail update comes with short selling interest in online retailer still high
09:14am, Thursday, 12'th Sep 2024
Next Thursday, 19 September, brings an update for Ocado Retail, the UK online grocery joint venture between Ocado Group PLC (LSE:OCDO) and Marks and Spencer Group PLC (LSE:MKS). It comes towards the
Asda market share slips as Ocado outpaces brick-and-mortar rivals
04:50am, Tuesday, 10'th Sep 2024
Asda retained its status as the third-largest supermarket in the UK by volume in the September quarter, but the gulf between its and FTSE 100 rivals Tesco PLC (LSE:TSCO) and J Sainsbury PLC (LSE:SBRY)
Ocado rolls out two Australian warehouses over a year late
06:51am, Tuesday, 27'th Aug 2024
Ocado Group PLC (LSE:OCDO) revealed that its two customer fulfilment centres for Australian client Coles Group Ltd (ASX:COL) went live in July in Melbourne and Sydney, apparently almost two years la
Ocado rolls out refillable packaging in trial
09:24am, Thursday, 08'th Aug 2024
Ocado Retail has unveiled plans to begin trialling the use of refillable packaging for everyday products. Some food and laundry products will be pre-filled into reusable containers to ultimately be c
Stabilization Notice - Pre Stab Notice - OCADO GROUP PLC
09:06am, Wednesday, 31'st Jul 2024
31/07/2024 Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful. OCADO GROUP PLC Pre-stabilisation Period Annou
Ocado tumbles as it looks to extend debt pile maturity
07:48am, Tuesday, 30'th Jul 2024
Ocado Group PLC (LSE:OCDO) shares have plummeted more than 6% after it revealed it had launched a bond raise in a bid to extend the maturity of its debt pile. An offering of £250 million was confirme
