All Ocado articles – Page 38
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NewsOcado to raise £36m and extend debt facilities
Ocado is to raise £35.8m in a placing to fund expansion and extend its debt facilities after speculation mounted it was likely to breach its banking covenants.
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NewsOcado non-food boss Simon Belsham returns to Tesco
Ocado non-food director Simon Belsham has left the online grocer just 18 months after joining the business.
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NewsTesco to beat traffic jams with new delivery system
Tesco is trialling a new mapping system for its online delivery fleet as it looks to avoid traffic jams in the run up to the crucial Christmas period.
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NewsOcado to offer compensation after cancelling orders
Ocado has apologised to customers and promised compensation after it was forced it to cancel thousands of deliveries due to a systems outage.
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NewsOcado close to covenants breach, analysts fear
Analysts fear that Ocado could breach the covenants of its debt arrangements as it struggles with the cost of building a second warehouse.
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NewsOnline grocery market to double by 2017
The online grocery market is set to double in value to £11.1bn by 2017.
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AnalysisOnline delivery charges: What do retailers need to know?
Sainsbury’s is to implement a minimum order for online shoppers in an attempt to “discourage” smaller baskets. Retail Week looks at the reasons behind the move and what its rivals are doing.
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AnalysisAnalysis: The rise of the supermarkets
Food retail has been transformed in the last 20 years. Rebecca Thomson looks at how the sector has changed and its prospects.
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NewsOcado steps up price battle in bid to bag shoppers
Ocado has intensified its focus on price as it seeks to build sales and stage a fightback in the battle for grocery spend.
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OpinionComment: Moss Bros set for growth
The Olympics effect on retail has been felt in some unexpected ways. At Moss Bros, the Games – along with the Jubilee celebrations and the Euro 2012 tournament – led to the deferral of weddings and an impact on its hire business in the first half.
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InterviewQ&A: Ocado chief executive Tim Steiner
Ocado reported a slowdown in sales growth in the third quarter today as the Diamond Jubilee and Olympics impacted sales. Chief executive Tim Steiner tells Retail Week how Ocado is tackling price perception issues and why Tesco boss Philip Clarke is playing into his hands.
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NewsOcado launches DIY and car care lines
Etailer Ocado has launched DIY and car care ranges as part of its shift move from a “supermarket to a hypermarket”.
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AnalysisThe wine market: What do retailers need to know?
Morrisons yesterday revealed it is to enter the online wine market later this year. Retail Week takes a look at the category.
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AnalysisProfile: Duncan Tatton-Brown, new chief financial officer, Ocado
Duncan Tatton-Brown took up his position in one of the most high profile finance positions in retail this week.
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AnalysisProfile: Wendy Becker, new chief operating officer at Jack Wills
Despite jumping from phones to fashion Wendy Becker’s wealth of experience in her varied career should stand her in good stead to take on the newly-created role of chief operating officer at apparel brand Jack Wills which she takes up next month.
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AnalysisAnalysis: Asda takes on Tesco in battle for spend
Asda’s chief executive is getting ready to fight off a revived Tesco.
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AnalysisAnalysis: Ocado price war threat
Ocado chief executive Tim Steiner has revealed plans to challenge the online grocer’s competitors on prices in the next two to three years - an initiaitive described by some as a price war threat. But the question is, can he make good on his word?
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NewsOcado chief executive Tim Steiner plots price war
Ocado chief executive Tim Steiner has revealed plans to accelerate growth by challenging its rival grocers to a price battle through price promotions over the next year.
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NewsOcado insists it will not breach banking covenants
Ocado has defended itself against speculation it could breach its banking covenants and has emphasised it is able to fund its second distribution centre.