Ocado news and analysis – Page 33
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News
Mini Nom Nom's kids' meals set to hit Ocado
Pitched as ‘home-cooked style’, the five-strong line up goes on sale early in May
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News
Ocado’s shrinking basket size is down to deflation, says Steiner
Ocado CEO Tim Steiner has put the continuing fall in basket size at the online grocer down to food deflation and changes to the way customers order at its pet product and kitchen and dining companies.
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News
Ocado offers reassurances over 25-year Morrisons deal
CFO Duncan Tatton-Brown believes that the contract was the best deal done under Dalton Philips, and that Morrisons are “pretty happy” with it
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News
Ocado seeks to develop own-label frozen range
E-grocer will attend Wabel Frozen Summit to meet possible suppliers for frozen brand, looking to tap potential growth area in online grocery shopping
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News
Ocado to carry premium pie brand Tom's Pies
Premium pie company Tom’s Pies has secured a listing in Ocado.
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Grocer 33
Lawrence Hene, Ocado, on winning the G33 online star order
For us, good customer service is in our DNA and is core to our proposition. If we continue to deliver to plan…
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News
Ocado executive team share in bumper £19.6m pay package
Ocado executives were awarded a bumper £19.6m pay package last year thanks to the online grocer’s share price gains.
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News
Ocado divides City opinion despite turning first profit
Few companies split opinion more in the grocery sector than Ocado…
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News
Tim Steiner: Ocado better-placed than Tesco to face deflation
Ocado is in a “much better position” to weather the storm of deflation and gross margin attrition than Tesco…
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News
Ocado doubles marketing cash for Next Top Supplier winner
Ocado has doubled this year’s prize package for the winner of its second Dragons’ Den-style competition…
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News
Stuart Rose of Ocado warns retail must get grip on coding
Sir Stuart Rose says Ocado cannot recruit coders in Poland quick enough, claiming retailers “have to get a grip on” coding…
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Analysis & Features
Ocado puts champagne on ice as it focuses long-term value
Champagne corks were not popping over at Ocado HQ yesterday despite the online retailer posting its maiden full-year profit after 15 years of trading, according to CEO Tim Steiner. His focus remains on driving long-term value for shareholders.
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News
Ocado reports its first annual profit in 15 years of trading
Online grocer Ocado has, as expected, posted its first annual profit since it started operating 15 years ago as revenue jumped by almost 20% compared with 2013.
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News
City snapshot: Ocado defies the critics with first annual profit
Ocado (OCDO) has finally shaken the “never made a profit” monkey off its back after 15 years of trading this morning.
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News
City snapshot: Tesco closes in on new chairman
Tesco looks to be closing in on a new chairman after its two person shortlist for the role was reportedly cut to one over the weekend.
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Analysis & Features
Ocado can reflect on a solid 2014 but the fireworks are still to come
Ocado’s growth may have slowed a touch in the fourth quarter, but it seems a little churlish to pick holes in solid figures that show the company surviving the current grocery retail chaos and coping with tough comparables.
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News
Ocado's sales growth slows to 14.9% in fourth quarter
Growth at online supermarket Ocado has slowed in the fourth quarter with gross retail sales up 14.9% to £311.4m, compared with a 15.5% boost during the previous three months.
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News
Waitrose 'likely' to sever ties with Ocado, say analysts
Waitrose is “more likely than not” to sever its partnership with Ocado, with its notice to end the agreement…
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Analysis & Features
2015 could be the year Ocado goes international
After a catastrophic late summer share price fall, Ocado has been quietly recovering ground in November.
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News
Ocado takes on new depot in west London
Ocado has added a 14th ’spoke’ to support its two customer fulfilment centres