Ocado

Ocado faces shareholder revolt over £15m CEO bonus

Ocado reportedly could see a shareholder revolt over executive pay after a proxy advisor recommended investors vote against the retailer’s…

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Ocado posts £394m FY loss despite improved cash flow

Ocado has posted a £394m pre-tax loss for FY23, despite also reporting strong revenues growth, positive adjusted EBITDA and improved…

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Aldi named cheapest supermarket for 15th month in a row

Aldi has been named the cheapest supermarket for the fifteenth month in a row, according to Which’s Cheapest Supermarket Price…

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Ocado Solutions CEO to step down in September

Ocado Group has today (27 July) announced that Luke Jensen has notified the board of his intention to retire and…

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Ocado shares jump amid rumours of Amazon interest

Ocado has seen its share jump price surge by almost 32% this morning (23 June) among rumours that online retail…

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Ocado Q1 sales rise 3.4% to £584m

British online supermarket Ocado retail has reported that its Q1 2023 sales increased to £584m, marking a 3.4% rise over…

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Ocado losses widen to £500m

Ocado Group has revealed its losses widened to £500m for the 52-week period ended 27 November 2022, as the online…

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Ocado Retail names Hannah Gibson as CEO

Ocado Retail Limited has unveiled the appointment of Hannah Gibson as its new CEO, effective from 20 September. Having spent…

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Ocado extends partnership with Groupe Casino

Ocado has announced the completion of agreements to extend its working partnership with Group Casino in France.  The partnership extension…

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30% of Ocado shareholders vote against £100m CEO bonus plan

Almost 30% of Ocado shareholders voted against the company’s remuneration policy that would see its chief executive Tim Steiner receive…

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