Ocado news and analysis – Page 26
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News
City snapshot: Ocado and M&S agree £1.5bn joint venture
Ocado and Marks & Spencer have agreed to create a 50/50 joint venture that will “transform online grocery shopping in the UK”.
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Ocado confirms it's in talks with M&S over UK joint venture
A deal between the two retailers could be announced as soon as tomorrow
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Kroger names more locations for Ocado-powered CFCs
The latest announcement comes less than two weeks after Ocado’s automated warehouse in Andover was destroyed by a fire
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Ocado Andover switch to Erith could take 'couple of weeks'
The online supermarket is currently providing a limited service in Andover’s territory
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Ocado shares burnt by Andover blaze
Ocado boss Tim Steiner hailed the company’s “18-year overnight success” on Tuesday, but it was another overnight event that rocked the market this week.
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Comment & Opinion
Ocado and M&S: there's no smoke without fire
The fire is a serious blow to Ocado in the short term, with 10% of its UK capacity taken out
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Ocado warehouse fire latest: evacuation area lifted
Properties up to a mile from the facility were evacuated yesterday amid fears of a toxic gas leak or explosion
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Fire at Ocado's Andover site caused 'substantial damage'
Operations at the facility remain suspended, affecting the online supermarket’s ability to meet demand
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Ocado suspends operations at Andover after fire
The fire brigade was on site and no one had been injured, the online supermarket said
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Ocado announces Zoom one-hour rapid delivery
Some 10,000 products will be available in the West London trial
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Ocado annual losses rise to £44m as expansion hits bottom line
Ocado grew its annual revenues by 12.3% in 2018, but its pre-tax losses jumped from £9.8m to £44.4m.
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Comment & Opinion
As rumours swirl about Ocado and M&S, what kind of deal is most likely?
Analysts are united in their scepticism at theories surrounding the reported tie-up
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News
Ocado offers 'prime position' in searches after trial
Suppliers will be able to bid for the prime position in a move billed as helping upcoming brands
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Ocado opens natural gas refuelling station for HGV fleet
The station at Ocado’s Hatfield fulfilment centre will service 29 biomethane HGVs
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News
Ocado adds palm oil-free 'aisle' to website
Products including bread, breakfast cereal, pizza and toiletries are listed on a dedicated new page
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Ocado looking for fifth UK CFC
Average orders per week grew 13.1% to 320,000 in the fourth quarter…
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Ocado meal planning service launched by Home Run
A smartphone app version will launch in a “few weeks”, according to Home Run CEO and founder Takis Malavetas…
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Media Bites 24 Oct: Ocado, Iceland, McDonald's
Ocado suffered its heaviest one-day loss ever as more than £575 million was wiped off its market value
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Ocado to further cut its plastic packaging
Ocado has so far made reductions that will save ‘seven million pieces of non-recyclable packaging from landfill’