Ocado

Ocado reveals Q4 revenues of £550m

Online retailer Ocado has announced revenues of £550m for 13 weeks ended 27 November 2022, an increase of 0.3% compared…

Read More »

Ocado partners with South Korea’s Lotte Shopping

Ocado Solutions has entered the South Korean market following a new partnership with Lotte Shopping, which will aim to develop…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »