All Ocado articles – Page 31
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OpinionAnalysis: Taking Morrisons private could raise fears for Ocado
The news this week that Morrisons’ founding family are attempting to take the company private came as a surprise.
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NewsSir Stuart Rose and Stefano Pessina among chairmen expecting growth in 2014
Optimism about the UK’s economic outlook has surged in the past year among retailers, according to a survey of retail chairmen.
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NewsOcado’s departing co-founder Jason Gissing sells shares worth £15m
Ocado’s departing co-founder and commercial director Jason Gissing sold three million shares in the online grocer the day he revealed his retirement.
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OpinionComment: Look beyond losses to see Ocado’s success
The ongoing scepticism from certain quarters about Ocado’s ability to turn a profit has become a familiar companion to the online grocer’s results.
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NewsOcado boss confident on Morrisons’ success online
Ocado boss Tim Steiner has defended Morrisons’ fledgling online grocery service after early research indicated the much-hyped launch in the Midlands failed to entice customers.
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OpinionNick Bubb's verdict: Ocado begins with 'O' but will it end with £1.8bn?
One wag famously once said Ocado begins with an ‘O’ and ends with a zero, but it seems to be very much alive and kicking.
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OpinionAnalysis: Ocado’s future lies in technology but only if it can be profitable
While Ocado’s deal with Morrisons goes a long way to validate its operating model, its potential will only be recognised fully if it can be consistently profitable.
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AnalysisOcado’s full-year results: What the analysts say
Ocado today reported full-year gross sales rose 17.2% to £843m last year, when pre-tax losses widened to £12.5m and that co-founder Jason Gissing is to retire. Retail Week rounds up analysts’ reaction.
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NewsOcado co-founder Gissing retires as full-year losses widen
Ocado co-founder Jason Gissing is to retire from the retailer it was revealed as the online grocer reported widening pre-tax losses.
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NewsBreakfast briefing: Retail news on Ocado, Game, Amazon, Sports Direct, Morrisons and more
Retail news round-up on February 4, 2014: Ocado co-founder Gissing retires and pre-tax losses widen, Activist investor Elliott revealed as Game backer, Amazon UK sales growth suffers slowdown and more.
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NewsMorrisons online executive George Dymond quits weeks after joining
George Dymond, the former Coles executive who was brought into Morrisons to oversee its online operation, has resigned just weeks after joining the grocer.
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NewsMorrisons treasurer arrested over 'insider deal'
Morrisons’ group treasurer and head of tax was arrested in December after buying shares in Ocado before the £216m tie-up between the two retailers, it has emerged.
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AnalysisIn numbers: Round-up of retail's Christmas trading updates
Dozens of the biggest retailers have updated the market on their all-important Christmas trading in the last few weeks. Here’s a glance at the headline numbers.
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NewsOcado fourth-quarter sales rise driven by strong Christmas
Ocado’s sales rose over Christmas as the online grocer created more capacity to deliver orders and enticed new customers.
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AnalysisAnalysis: Where did Morrisons go wrong at Christmas?
Morrisons today surprised the City with an early trading update which warned on profits and reported plunging Christmas sales. Retail Week examines what caused the slump.
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NewsMorrisons to begin online grocery deliveries this week
Morrisons has sold out its delivery slots for its long-awaited online grocery debut on Friday as homes in the Midlands await to receive its maiden food orders.
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NewsRetailers battle as poor weather hits Christmas rush
Retailers are battling poor weather conditions as they attempt to lure shoppers to store and deliver orders to their homes.
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OpinionComment: Seeking the value in retail shares
My financial adviser recently asked me what retail stocks he should buy.
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News
In pictures: Ocado takes cheeky swipe at rivals with ad campaign
Ocado has launched a mischievous advertising campaign on the streets outside its competitors stores telling shoppers that visiting shops is a drag.
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AnalysisReview of the year: How multichannel grocery took off in 2013
The grocers’ multichannel efforts shifted up a gear in 2013. Here are some of the main developments: