Tim Steiner news, comment and analysis – Page 10
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NewsOcado looking for fifth UK CFC
Average orders per week grew 13.1% to 320,000 in the fourth quarter…
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NewsMedia Bites 14 Dec: Sainsbury's/Asda, UK high street. Ocado
The Competition and Markets Authority is delaying publishing its initial findings on the merger of Sainsbury’s and Asda from early next month to early February
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NewsOcado retail sales up 12% in fourth quarter
Ocado has grown its retail revenues by 12% in the fourth quarter, driven by a double-digit increase in order numbers.
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NewsMedia Bites 22 Oct: Patisserie Valerie, Ocado, Tesco
A law firm is canvassing Patisserie Valerie investors in the hope of launching legal action following the discovery of a near-£40m hole in the cafe chain’s books.
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NewsAndrew Selley of Bidfood named The Grocer Cup 2018 winner
Selley picked up the prestigious trophy after executing an impressive strategic turnaround for Bidfood
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NewsOcado third quarter sales rise 11.5%
Ocado has posted an 11.5% retail sales rise in its third quarter, driven by a double-digit rise in customer numbers.
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NewsGlow of summer grocery sales boom begins to fade
The hot weather triggered a bumper summer for the grocers, but the latest market share data suggests spending has slowed in more recent weeks.
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NewsMedia Bites 10 Sept: Sainsbury's/Asda, Dave Lewis, John Lewis Partnership
Sainsbury’s has acknowledged that regulators could scupper the British supermarket group’s proposed merger with rival Asda.
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NewsCity snapshot: Finsbury Food Group acquires free-from bakery Ultrapharm
British bakery manufacturer Finsbury Food Group has expanded further into free-from trends by purchasing specialist bakery business Ultrapharm, Ocado bosses have sold more than £150m in shares, and this week’s City diary
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NewsMedia Bites 3 Sept: Costa Coffee/Coca-Cola, Sainsbury's, Ocado
Coca-Cola’s £3.9bn deal to buy the Costa Coffee chain has highlighted the lengths to which food and drinks companies are going to keep pace
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NewsMedia Bites 30 Aug: Energy drinks, Pernod Ricard, Jack Daniel's
Ministers will ban the sale of Red Bull, Monster Energy and other energy drinks to children in England amid growing concern about their impact on young people’s health.
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NewsMedia Bites 29 Aug: Retail prices, Amazon, Ocado
Hot weather pushed up food prices as a lack of rain has made it tougher to grow crops and find enough feed for livestock
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Analysis & FeaturesThe Grocer Cup 2018: the nominees revealed
For the past two decades, the trophy has been awarded to an outstanding leader for their work in the industry over the past year
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NewsMedia Bites 18 July: Asda, Poundworld, Premier Foods, Greene King
Supermarket giant Asda has put 261 jobs in the firing line over plans to axe a home delivery packing centre in North London.
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NewsOcado working on rapid delivery option to boost growth
Currently Ocado can deliver by 4pm on the same day for orders placed before 11.30am, while Amazon Prime Now can deliver in as little as one hour
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NewsOcado swings to first half loss amid increased investment
Ocado has posted a first half pre-tax loss of £9m as its investments capacity, technology and international expansion hit its bottom line.
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NewsMedia Bites 22 May: Sainsbury's, Ocado, Tesco
More than 100 MPs have signed a letter criticising changes to Sainsbury’s staff pay that threaten to leave as many as 13,000 employees worse off.
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NewsMedia Bites 21 May: Lidl, Sainsbury's/Asda, M&S
Lidl is planning an online delivery service in yet another assault against the UK’s biggest supermarket chains, writes The Daily Mail.
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NewsMedia Bites 18 May: Ocado, Sainsbury's/Asda, Walmart
The papers are chocked full of coverage of what The Daily Mail has dubbed “the deal that turned Ocado into a global tech titan”.
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Comment & OpinionOcado ends with a lot of zeroes now
The online supermarket is now worth more than Marks & Spencer’s and deserves to be considered among the UK’s greatest technology companies