Ocado news and analysis – Page 29
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NewsOcado unveils first robot picker at its Andover site
The retailer is on a path towards “100% robot picking” says technology chief
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NewsOcado brings back 'Britain's Next Top Supplier' competition
Applications will be reviewed by Ocado’s buying team before shortlisted candidates are invited to present in person
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NewsAlex James launches Great British Cheeseboard in Ocado
Featuring a new cheddar made with Alpine starter cultures and a Somerset brie made with Guernsey milk
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NewsCity snapshot: Ocado signs international supply deal with Sweden's ICA
Ocado has signed its latest international supply deal with Sweden’s leading grocery retailer, ICA Group, which has about 1,300 stores. Plus, new non-execs at PZ Cussons, Mondelez posts first quarter organic revenue growth of 2.4% and all the rest of the latest news from the City.
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NewsEatFirst aims to 'revolutionise' ready meals with new range
The online food delivery firm’s Taste of Asia range designed for ‘busy foodies’ will launch in Ocado on 7 May…
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Comment & OpinionCasino's Ocado deal plays well
The shares of Casino Group got a 10% bump recently following news its Monoprix chain had struck a deal to sell via Amazon …
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NewsOcado feels chill as first-quarter sales disappoint
The online grocer’s first quarter sales growth was reduced by almost one percentage point
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NewsOcado achieves near-zero levels of food waste
Ocado’s Suzanne Westlake said she believed the online retailer had ‘the lowest total food waste figures in our industry’
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NewsCity snapshot: Ocado growth hit by Beast from the East
Winter storms that caused widespread disruption during the final week of Ocado Group’s (OCDO) first quarter, reduced Ocado’s sales growth by almost one percentage point back to 11.7%. Plus, Imperial Brands disposes of US tobacco products and all the rest of the latest news from the City.
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NewsOcado improves fraud detection 15-fold with AI developments
As fraudsters change their behaviour, the new system can spot new patterns more quickly…
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NewsOcado share price takes hit as profits stall
Ocado’s share price surge came to a halt on Tuesday after it revealed its annual profits had fallen back into the red
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NewsCity snapshot: Ocado slips back into the red as cost of technology weighs on earnings
Ocado has reported a £0.5m 52-week loss despite double digit revenue growth as the cost of funding expansion and new technology hit the bottom line. Inflation drives strong grocery sales according to latest market share figures and global market slump hammers UK shares.
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NewsShort sellers lose out as Sobeys deal sends Ocado shares soaring
A surge in Ocado’s share price after signing another international supply deal has cost bearish investors over £90m
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NewsCity snapshot: Ocado signs Canada supply deal with Sobeys
Ocado has signed an agreement with Canada’s second largest food retailer Sobeys to develop an online grocery business using its Smart Platform technology.
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NewsOcado trials robot assistants for warehouse workers
Ocado said that such technology could be rolled out widely in its customer fulfilment centres by 2025…
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NewsOcado Technology to open permanent Barcelona office
The Ocado Group division first opened a temporary office in the city in 2016
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NewsOcado shares surge amid international licensing deal rumours
Hopes online grocer Ocado is soon to announce further progress on international expansion drove its shares to their highest
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NewsOcado says driver pay rates may need to rise again
The online grocer was forced to raise rates earlier this year in some areas to tackle problems with recruitment
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NewsCity snapshot: Ocado’s retail sales growth slows to 11.6% in fourth quarter
Ocado has posted a slowdown in fourth quarter retail sales growth to 11.6% amid capacity constraints owing to a shortage of drivers. PZ Cussons announced a rise in first half profits, but a 10% drop in earnings and all the rest of the latest news from the City
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Analysis & FeaturesDoes Casino mean Ocado's hi-tech gamble has paid off?
The investment at Andover now looks prescient rather than risky