Tim Steiner news, comment and analysis – Page 18
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A gamble that will pay off?
It’s had to endure three years of doubt and pessimism, but Ocado’s warehouse retail platform is set to pay off, as Ronan Hegarty reportsAs Ocado approaches its fourth birthday in January, chief executive Tim Steiner says that the...
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Ocado gets full coverage
Ocado is planning a massive boost to its coverage of the UK.The online partnership with Waitrose has identified sites for warehouses to service areas in and around Bristol, Nottingham, Leeds and Sheffield.Tim Steiner, Ocado chief...
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Ocado joins online war
Ocado has jumped into the escalating battle for online customers with a flier campaign offering £15 off first-time shoppers’ baskets when they spend more than £75. Asda recently stepped up the competition with a run of incentive schemes, such...
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Ocado ‘set for second slot’
Online retailer Ocado is set to overtake Sainsbury’s to You in turnover in the next few months, according to chief financial officer Jason Gissing.He said Ocado had achieved 300% sales growth this year and was set to be taking £1.5m a week by...
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In the blue corner we have Tesco.com sticking resolutely to
Although both can argue strongly for their respective strategies, they have their limitations. While Tesco.com may be slightly profitable, when volumes increase, the picking of goods instore will ultimately interfere with the day-to-day running of...
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clicks not bricks: Going the distance
What factors give an ambitious start up venture the best chance of success? Julian Hunt assesses the outlook for Last Mile Solutions Here's an interesting recipe: take three former Goldman Sachs bankers; add a couple of top notch guys from the M&S...