All the updated news related to ocado

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Ocado sales slip as customers pull back spending amid rising living costs

Sales have slumped at Ocado after the online retail firm said customers are shrinking the size of their orders in response to the rise in the cost of living and the end of Covid curbs. The company also saw losses balloon to £211 million, from £27.9 ...

21 Jul 2022 at 11:04

City

Ocado slashes sales outlook amid pressure from cost of living crisis

Online grocer Ocado has revealed falling retail sales and cut its full-year revenues outlook as customers rein in spending in the face of soaring cost pressures and return to pre-pandemic shopping habits. The group said retail revenues dropped 5....

17 Mar 2022 at 09:25

City

Ocado signs deal in Poland as High Court patents hearing begins

Online grocery business Ocado has signed a deal with supermarket giant Auchan to build a warehouse in Poland to serve customers in the Warsaw region. The deal is the second signed with the retailer, having agreed to partner with Auchan in Spain ...

15 Mar 2022 at 10:25

M&S voted UK’s favourite in-store supermarket in annual Which? survey

Marks & Spencer has been voted the UK’s favourite in-store supermarket despite a strong showing from discounters Aldi and Lidl as consumers face up to the cost-of-living crisis. The high street stalwart’s upscale food offering received a ...

25 Feb 2022 at 01:25

City

Ocado accuses Autostore of misleading investors over German court proceedings

Ocado has accused rival Autostore of misleading investors over its legal battle with the online grocer in Germany. Autostore issued an update on the Norwegian stock market on Monday claiming that a judge in a Mannheim Court said Ocado’s ...

31 Jan 2022 at 16:26

City

Ocado’s court battle with AutoStore in Germany put on hold

Ocado’s ongoing legal battle with US rival AutoStore has been put on hold by a German court after questions were raised over the action. Munich District Court suspended proceedings brought by Ocado for an order to block the sale of ...

28 Jan 2022 at 09:55

City

Shoppers reduce their spend at Ocado as cost of living bites

Shoppers have cut back their spending as they try to offset the growing cost of living, online supermarket Ocado has said. The average basket that customers checked out reduced by 6% to £116 in the 13 weeks to the end of August, ...

13 Sept 2022 at 09:18

City

Ocado set to post grocery growth in latest festive update

Ocado investors will be hoping it becomes the latest retailer to indicate that consumer spending over the key festive quarter was more resilient than many expected. The online retail giant is set to post an increase in grocery ...

13 Jan 2023 at 14:14

City

European markets downbeat as China unrest fuels global concerns

European and US markets started the week on the backfoot as political unrest in China heightened concerns further afield. Protests in China over the nation’s unwavering zero-Covid policy have sparked a sell-off in global ...

28 Nov 2022 at 18:21

Basic groceries up by 30% as supermarket trust plummets – Which?

The price of basic groceries such as butter, milk and cheese went up 30% year-on-year at some supermarkets in December, figures show. While overall food and drink inflation reached 15% in December across the eight major ...

01 Feb 2023 at 11:09

City

FTSE 100 edges towards record levels after further gains

The FTSE 100 inched closer towards record levels on Monday but stopped short of an all-time high as progress continued at a glacial rate amid the absence of US trading. Trading in London was cautious but still ...

16 Jan 2023 at 17:31

City

Ocado Retail enjoys record Christmas sales despite cost-of-living pressures

Ocado Retail has reported record sales over Christmas but revealed that customers were shopping less and putting fewer items in their basket amid cost-of-living pressures. The supermarket, which is a joint ...

17 Jan 2023 at 08:05

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