All the updated news related to ocado

All the news related to ocado updated in real time

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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 5.7% ...

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

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

Eyes on inflation impact as Ocado to report

Costs and customers will be centre stage for analysts when Ocado reports its half-year results on Thursday, but customers might be looking out for any hints on food prices. Investors looking at the company’s supermarket operations will ...

17 Jul 2022 at 10:00

City

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 ...

21 Jul 2022 at 11:04

City

M&S warns over ‘gathering storm’ and further price hikes

High street giant Marks & Spencer has warned over a “gathering storm” ahead as it forecast a steep slump in customer demand next year and said more price hikes are on the way. The retailer said while sales were so far proving ...

09 Nov 2022 at 11:18

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

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 continued ...

16 Jan 2023 at 17:31

Retail boss Stuart Rose warns of ‘unintended consequences’ of food price caps

Veteran retail boss Stuart Rose has warned the Government of “unintended consequences” around encouraging supermarkets to impose price caps on food staples to cut the cost of living. Asda chairman Lord Rose, who also ...

30 May 2023 at 11:26

Ocado sees ‘pathway’ to returning retail arm to profit amid pressure from M&S

City

Ocado sees ‘clear pathway’ to returning retail arm to profit

Shares in online grocer Ocado have surged higher after the group swung to an underlying profit and said its retail arm is on track to post annual earnings amid mounting pressure from its joint venture partner Marks ...

18 Jul 2023 at 11:50

Ocado launches aisle stocked exclusively with female-founded brands

Online grocer Ocado has launched a new “aisle” stocked exclusively with products from female-founded businesses. The Buy Women Built aisle is thought to be the first of its kind offered by a major UK supermarket, ...

07 Oct 2024 at 13:18

City

Ocado boss says food price inflation not affecting online grocer as sales rise

The boss of Ocado has played down suggestions that inflation is hitting food prices. Tim Steiner said he has no concerns that shoppers will abandon the grocery business, which is seen as one of the more ...

08 Feb 2022 at 12:25

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