All the updated news related to online grocer

All the news related to online grocer updated in real time

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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 & Spencer. The group saw shares ...

18 Jul 2023 at 11:50

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 expensive online players in the market, as ...

08 Feb 2022 at 12:25

City

Ocado sales rise as price cuts win back shoppers

Online grocer Ocado has reported a pick-up in retail sales growth as it tempts back shoppers amid a turnaround and moves to cut prices. The group posted a 7.2% rise in sales to £569.6 million at its retail business, which is run as a joint ...

19 Sept 2023 at 08:35

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