Ocado

Ocado shares rise amid Kroger merger talks

Ocado shares have risen over 10% after reports that its largest technology client, Kroger, was in talks with US supermarket…

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Ocado shares drop amid HSBC downgrade

Ocado Retail Ltd shares dropped on Tuesday (20 September) after analysts at HSBC downgraded the retailer’s rating from ‘hold’ to…

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Ocado lowers outlook as customers cut back

Ocado Retail Ltd has lowered its outlook for FY22 as revenue growth in Q4 is not expected to generate full-year…

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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 losses widen to £211m

Ocado has revealed an interim loss before tax of -£211m, for the 26 weeks ending on 29 May, which it…

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Ocado Retail CEO Melanie Smith to step down

Ocado Retail has announced that its chief executive, Melanie Smith CBE, will leave the business after three years in the…

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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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Ocado taps investors for £575m amid tech expansion

Ocado Group plc, the online grocery platform, is set to raise £575m of new ordinary shares of 2 pence per…

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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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Ocado faces backlash over boss Tim Steiner’s £100m pay plan

Ocado faces a shareholder backlash over plans to reward boss Tim Steiner with up to £100m at a time when…

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