Ocado looks ahead to strong trading
January 17, 2023 8:10 amOcado 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
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Latest News: ocado
Vineta Bajaj joins Rohlik as chief financial officer
January 11, 2023 6:10 amOcado’s group finance director Vineta Bajaj has left the business and joined European online grocery delivery service Rohlik as chief financial officer. Bajaj held senior finance... View Article
Ocado enters South Korea through deal with Lotte Shopping
November 1, 2022 8:20 amOnline grocer Ocado has entered the South Korean market through the signing of a deal with Lotte Shopping. The move will see Ocado develop Lotte’s online... View Article
Marks & Spencer plans to boost Ocado food delivery operation
October 24, 2022 10:29 amMarks & Spencer chief executive Stuart Machin is planning to “turbocharge” the retailer’s food delivery service with Ocado as part of a wider strategy to boost... View Article
US Supermarket mega merger buoys Ocado share price
October 14, 2022 2:37 pmOcado shares soared on hopes it would benefit from a merger of the two biggest supermarkets in the US. The supermarket-turned-technology business supplies automated warehousing technology... View Article
Ocado warns of sales fall despite third quarter uplift
September 13, 2022 8:41 amOcado retail has seen its third quarter sales rise by 2.7% to £532 million after it benefited from record numbers of new shoppers. The uplift was... View Article
Hannah Gibson appointed as new chief executive of Ocado Retail
September 7, 2022 11:29 amOcado Group has announced that Hannah Gibson has been appointed to the role of chief executive of Ocado Retail. She has succeeded Mel Smith who was... View Article
Ocado appoints Mark Richardson to head up new business unit
July 28, 2022 11:04 amOnline grocer Ocado has appointed Mark Richardson as chief executive of a new business unit that will extend the retailer’s product offering from groceries into new... View Article
Ocado sales hit by cost of living crisis
July 21, 2022 10:57 amOcado Group has posted a first half EBITDA loss of £14 million compared to a profit of £61 million in the corresponding period in the prior... View Article
