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Ocado news and analysis – Page 22
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NewsMedia Bites 7 August: Diageo, Hammerson, M&S/Ocado
Diageo has locked horns with LVMH, the world’s biggest luxury goods firm, over an unpaid dividend
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NewsM&S products now live on Ocado ahead of Waitrose switchover
Most Waitrose lines had been replaced with an M&S product of “near-identical specification” Ocado said
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NewsCity snapshot: Ocado first half retail sales top £1bn but pre-exceptional losses mount
Ocado has posted first half retail sales growth of 27.2% amid “unprecedented and sustained demand”, but its pre-exceptional losses rose by 64% to almost £80m amid mounting costs. Plus, Fever-Tree buys German distributor and updates on sales, McBride guides to better second half than expected and all the rest of the latest news from the City.
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Analysis & FeaturesPrompt payment: how do supermarkets compare?
How do the supermarkets measure up when it comes to paying their suppliers, and what changes have they made through the pandemic?
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NewsOcado relaunches shopping app after pulling it in March due to soaring demand
Ocado had been forced to turn away new customers and pull the mobile app due to “performance issues”
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NewsProperty investor picks up five Waitrose stores and Ocado warehouse for £73m
The publicly listed group purchased a portfolio of five food stores let to Waitrose in a £62m sale and leaseback agreement
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Analysis & FeaturesIs Ocado right to bet big on the online grocery shopping boom?
There is no doubt the pandemic has sent digital grocery sales surging. But is Ocado right in assuming this shift will be permanent?
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Analysis & FeaturesOcado’s £1bn fundraise announcement: What the analysts say
Here’s what the experts have had to say about Ocado’s fundraising plans
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NewsOcado launches £1bn funding drive to capitalise on online shopping boom
Ocado is seeking to raise more than £1bn to capitalise on the boom in online grocery shopping brought about by coronavirus.
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Analysis & FeaturesThe Power List 2020: online shopping
Demand for online grocery shopping has soared under lockdown. Our power list looks at who’s managed growth best, and the challenges they now face, from retention to profitability
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NewsOcado shares surge despite capacity constraints
Ocado may have had to turn away willing customers and shut down its website as it struggled to cope with a wave of demand during the coronavirus crisis, but its share price still hit new record highs this week.
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NewsTrustpilot warns Ocado after influx of five-star reviews
The website has been bombarded with positive feedback for the online supermarket, with 3,569 five-star reviews and 464 four-star reviews flooding in during the first six days of May alone
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NewsOcado on supplying the shielding: ‘We’ve done more than our share’
Duncan Tatton-Brown said Ocado was serving more people on the government’s shield list ‘than our proportionate share’ of the grocery market
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NewsCity snapshot: Ocado sales surge 40% during coronavirus lockdown
Ocado’s retail sales have surged by more than 40% in the coronavirus lockdown period after ramping up capacity during the crisis. Plus, McColl’s CFO quites for Holland & Barrett role and all the rest of the latest news from the City.
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NewsOcado halts its Reserved service as demand continues to surge
Reserved customers usually receive a regular delivery day and time on a weekly or fortnightly basis
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NewsOcado seeking redeployed staff from businesses impacted by Covid-19
The online supermarket is inviting businesses impacted by the outbreak to send any temporarily unneeded staff its way
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NewsCoronavirus: Ocado delivering no further than doorstep
Drivers will no longer enter customers’ homes to carry in deliveries
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NewsCoronavirus: Ocado pleads for supplier help to cope with demand
A pleading communication from Ocado Retail CEO Mel Smith warned suppliers to expect ‘volatility in orders placed’
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NewsWaitrose ramps up online offer as Ocado split date approaches
The retailer has added its Waitrose.com online delivery service to 24 more of its shops