Latest News: ocado
January 16, 2024 8:47 am
Published by Angela Beevers
Online grocer Ocado has increased its fourth-quarter retail revenue by 10.9% to £609.4 million to mark its fourth consecutive period of quarter-on-quarter growth. In the 13... View Article
September 20, 2023 6:30 am
Published by Angela Beevers
Ocado Retail saw its retail revenue climb by 7.2% to £569.6 million in its third quarter. This followed growth of 5% in the online grocer’s first... View Article
July 27, 2023 8:50 am
Published by Angela Beevers
Ocado Solutions chief executive Luke Jensen is to retire from his role on 30 September. He will also step down as executive director from the Ocado Group... View Article
July 24, 2023 8:58 am
Published by Angela Beevers
Ocado has reached a deal to settle all outstanding patent litigation claims with Norwegian rival AutoStore following a three-year dispute. The news means that AutoStore will... View Article
June 27, 2023 8:11 am
Published by Angela Beevers
Ocado has appointed former Ted Baker chief executive Rachel Osborne as a non-executive director. Due to take up her role on 1 September 2023, Osborne will... View Article
June 22, 2023 2:59 pm
Published by Natalie Fresen
Shares in Ocado Group, the British online supermarket and technology group, soared by more than 40 per cent in morning trade, amid speculation of possible bid interest... View Article
April 6, 2023 1:20 pm
Published by Natalie Fresen
Ocado has named Mat Ankers as its new chief financial officer. In his new position, Ankers will oversee finance, operations, IT and Insights at Ocado Retail,... View Article
February 28, 2023 8:10 am
Published by Angela Beevers
Ocado has posted a pre-tax loss of £501 million for the year to 31 December 2022 after cost pressures and increased investments took their toll. This... View Article
January 17, 2023 8:10 am
Published by Angela Beevers
Ocado said it expects trading to improve later in the year after its fourth quarter retail revenue rose by 0.3% to £549.4 million. In the 13... View Article