Tim Steiner news, comment and analysis – Page 7
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NewsCity snapshot: Ocado sales surge 40% during coronavirus lockdown
Ocado’s retail sales have surged by more than 40% in the coronavirus lockdown period after ramping up capacity during the crisis. Plus, McColl’s CFO quites for Holland & Barrett role and all the rest of the latest news from the City.
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NewsMedia Bites 4 May: Business confidence, Government aid, McDonald’s
Business leaders have suffered a record drop in confidence during the pandemic and fear the economic recovery will be slow.
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NewsMedia Bites 8 Apr: Supermarkets, Rationing, Tesco
Supermarkets have risen to the challenge of the coronavirus outbreak, Sainsbury’s to stop rationing as stock levels return to normal and Tesco urged by investors to pay out dividend
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Analysis & FeaturesWhat does ‘micro-fulfilment’ mean for the future of rapid delivery?
Demand for fast delivery is bringing online distribution centres into smaller, urban spaces. What’s the best way to integrate them? And what are the pitfalls of ‘micro-fulfilment’?
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NewsMedia Bites 12 Feb: Ocado, Heineken, M&S
Ocado more than quadrupled its losses last year, but its stunning share price performance triggered an £87m payday for senior directors
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NewsOcado results reveal legal fees of £1.3m and M&S range growth plans
The total cost of the litigation action is likely to increase as the court battle rolls on, with Faiman denying allegations and counter-suing the company
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NewsCity snapshot: Ocado slumps to £215m loss as Andover fire hits profits
Ocadoreports strong results despite the impact of a fire at its Andover CFC last year, M&S snaps up Greencore CFO and Cranswick buys leading UK pig farm
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Comment & OpinionThe 12 most shocking moments in grocery in 2019… and one that didn’t surprise us
With fire, flood, fibs and feuds, 2019 was a turbulent end to the decade for food & drink. Here are 12 moments that shocked us most this year
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NewsOcado seeks to launch contempt case against Jonathan Faiman’s lawyer
Ocado is separately suing Faiman for “industrial espionage”
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NewsMedia Bites 16 Dec: Retail footfall, General election, Iceland
The number of visitors to Britain’s high streets over the past six weeks is ‘significantly’ down on last year, raising fears of a disaster for some of Britain’s struggling shops.
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NewsMedia Bites 2 Dec: Ocado, Black Friday/Cyber Monday, Aldi
Ocado shares soared on Friday after it made its first move into Asia by striking a deal with Japanese retailer Aeon to develop its online business
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NewsOcado signs first Asian supply partnership with Japan’s Aeon
Ocado has this morning announced it has agreed a partnership with Japanese grocery retail Aeon to launch an online grocery delivery business in the country using its Ocado Smart Platform technology.
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NewsOcado and M&S to open new ‘mini CFC’ in Bristol
The facility will have the capacity to fulfil more than 30,000 orders per week
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NewsCity snapshot: Ocado to open mini CFC in Bristol
Ocado announced it will open a mini-CFC in Bristol to support growth of its M&S JV Ocado Retail. Plus, half year results from Remy Cointreau and PayPoint and all the rest of the latest news from the City.
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NewsMedia Bites 13 Nov: Premier Foods, Ocado, B&M
Shares in Premier Foods surged as a turnround took hold with sales in brands gaining momentum.
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NewsTesco’s outgoing CEO Dave Lewis wins The Grocer Cup
Lewis picked up the trophy at the prestigious IGD Awards ceremony at London’s Tobacco Dock on Thursday night
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NewsDave Lewis among nominees to win The Grocer Cup 2019
The Cup celebrates a senior industry figure who has shown outstanding leadership in the past year
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Analysis & FeaturesOcadogate: a tale of betrayal, greed and spying
Explosive court allegations detail industrial espionage case
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Comment & OpinionOcado vs TDP: the claims explained
Explosive court documents detail the litigation between Ocado and Jonathan Faiman’s TDP
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NewsCourt documents reveal alleged secrecy tactics as Ocado and TDP engage in legal fight
The revelations came as it emerged Ocado was suing Faiman for allegedly obtaining confidential information to help set up TDP