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Ocado news and analysis – Page 40
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NewsPlum launches new yoghurts for babies
Plum is hoping to challenge Danone and Nestlé in the yoghurt aisle with a new line-up under its organic babyfood brand. The Fruity Yogurt range, available now from Tesco, Waitrose and Ocado, contains a higher percentage of fruit than its...
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NewsOcado expands its horizons with West Country deliveries
Ocado is to begin delivering in the West Country and southern Wales from tomorrow. The online retailer will service the new markets using from its Bristol distribution hub, plans for which were first announced in October. Ocado said the launch would enable it reach one million extra households.
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Comment & Opinion
The Kiddi's alright
So the City rumour mill was right – sort of. Morrisons was looking to get its hands on an online retailer after all – just not Ocado, much to the disappointment of many speculative shareholders in the posh food retailer.
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NewsOcado shares tumble as John Lewis pension scheme offloads stake
Shares in Ocado tumbled after trustees of the John Lewis pension scheme announced the sale of its stake in the online retailer. The John Lewis Partnership Pensions Trust held 57.3 million shares in Ocado, representing 10.4% of the company's stock.
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News
Morrisons no threat to us, claims Ocado
Ocado has claimed that Morrisons' move online does not present a significant threat to its revenues. Speaking to The Grocer, as Ocado announced sales up 29% to £551.1m for the year to 28 November, CFO Andrew Bracey said: "We already...
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Comment & Opinion
Milestones and millstones
Ocado boss Tim Steiner was today trumpeting a “landmark year” for the online retailer. He’s not wrong. The long-awaited flotation got away despite more prophecies of doom than an Old Testament epic.
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NewsOcado hails workers’ ‘heroism’ as festive sales surge
Ocado delivered "exactly what it said on the tin" at the time of its July flotation in terms of sales for the past year.
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NewsOcado to launch pet food microsite with help from TV’s Inglis
Online grocery retailer Ocado is to launch a virtual pet store on its website early next year. The Pet Corner microsite will bring together all of Ocado's existing pet food lines into one place as well as incorporating some new...
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NewsGarofalo to launch pasta range for kids
Italian pasta maker Garofalo is bringing a new premium children's range to the UK to provide them with a premium alternative to "Mickey Mouse" shapes. Launching in Ocado in January, the four-strong La Giostra dei Bambini range will...
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News
Grocery bosses back deep public spending cuts
Executives from Asda, Boots, Ocado, Marks & Spencer and Diageo have urged the government not to water down its plans to tackle the budget deficit.
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News
Waitrose picks up puddings by Mosimann
A new range of chilled desserts by Anton Mosimann, the original celebrity chef, hits Waitrose and Ocado later this month. Made to Mosimann's recipes by organic food manufacturer What On Earth, the desserts come in four variants: his...
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NewsOcado sets out plans for £210m Warwickshire depot
Ocado has set out details of its long-awaited second distribution centre.
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News
Grocer 33 Online: Tesco leaves Ocado crying over spilt milk
A little spilt milk was enough to ensure Tesco snatched victory from Ocado in this month's Grocer 33 online shopping survey.
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NewsOcado broadens offer with own-label range
Ocado is to launch a new 1,000-strong own-label range as it looks to broaden its offer and boost its appeal to Sainsbury’s and Tesco customers.
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NewsOcado sales surge but share price slips again
Ocado has reported strong sales in its first trading statement since its stock market flotation.
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News
Tilda’s pre-prepared ambient rice range makes stir-fry easier
Tilda has claimed a first with its new Stir Fry Rice collection a range of prepared rice specifically tailored for stir-fry dishes. The four-strong gluten-free line-up is available in Waitrose stores and through Ocado now in Peking...
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NewsOcado reveals details of institutional investors
Investment group Fidelity has taken a 13.17% stake in Ocado, filings with the London Stock Exchange show.
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NewsOcado share price tumbles on debut
Ocado chief executive Tim Steiner said he would not sell his current shareholding in the company at 275p per share - despite shares falling as low as 163p this morning.
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NewsOcado lowers share price in fresh blow to IPO
Ocado has been forced to lower the asking price for its shares in the latest blow to the company’s planned stock market debut.
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NewsAs questions over IPO linger, will it be Ocado or Ocadon’t?
Markets are nervous and it has yet to turn a profit. So what’s Ocado worth? And will it really float? Adam Leyland and Simon Creasey answer the questions