Ocado

Ocado Retail to slash prices on over 450 products

Ocado Retail has announced that it is slashing prices under its Big Price Drop scheme. Posting on LinkedIn, the group…

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Ocado Retail launches reusable packaging pilot with Refill Coalition

Ocado Retail has become the first major supermarket to pilot a new reusable packaging scheme in partnership with the Refill…

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Ocado to extend debt maturity by raising £600m in bonds

Ocado has extended the maturity of its debt by raising £600m in bonds which are due for repayment in 2029,…

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Ocado boss plans to retain stake in M&S JV

Time Steiner, Ocado CEO, has reportedly announced that the group plans to retain its stake in Ocado Retail, its joint…

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Ocado HY losses narrow to £154m

Ocado has revealed that its losses narrowed to £154m for the half year ended 2 June 2024, down from £290m…

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Ocado to open third CFC with Aeon

Ocado has announced the continued expansion of its partnership with Aeon with plans to construct a third Customer Fulfilment Centre…

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Ocado to be relegated from FTSE 100 as stocks fall

Ocado could face relegation from the FTSE 100 after its share price collapsed, amid reports the company is considering moving…

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Ocado’s net-zero targets validated by Science Based Targets Initiative

Ocado, the world’s largest dedicated online supermarket, operated by Ocado Retail, is amongst the first grocery retailers to have SBTi-validated…

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Ocado appoints ex-BT chief as NED

Ocado Group has revealed that former BT chief Gavin Patterson has been appointed as an independent non-executive director with effect…

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Fifth of Ocado shareholders vote against CEO bonus

Amost a fifth of Ocado shareholders voted against a new pay scheme that would see co-founder and CEO, Tim Steiner,…

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