Ocado news

22 February 2021
During a year like no other, Ocado Group delivered a 33% year-on-year (YoY) increase in sales. 2020 saw the launch of the first international CFCs for Groupe Casino in France and Sobey’s in Canada. In 2021, seven partners will be live with Ocado’s technology with ten CFCs live worldwide. Ocado will continue to invest in the Ocado Smart Platform to attract new partners and find efficiencies. In...
09 February 2021
Online grocery retailer Ocado has announced its trading results for the year 2020 (52 weeks to 29 th November). Unprecedented customer demand Driven by strong customer demand, Ocado Retail revenue increased by 35% to £2.2 bn. Ocado said this was enabled by a significant increase in the peak day capacity of its three mature CFCs at Hatfield, Dordon and Erith. EBITDA for the Retail business ...
09 February 2021
The first cases have been delivered into the first CFC that is due to open as part of the strategic partnership between Kroger and Ocado. First of two planned sites expected to open this year The delivery of the first cases marks an important milestone in the Kroger Ocado partnership. The delivery, into the Customer Fulfillment Centre (CFC) in Monroe, Ohio, comes almost three years since th...
02 February 2021
The GB market grew 12.2% in the 12 weeks to 24 January, according to latest results from Kantar. As restrictions once again increased, the online and convenience channels continued to benefit the most from changes in shopping habits. Increased restrictions drive up spend A combination of the festive season and the reintroduction of lockdown restrictions drove growth. With dining out no long...
01 February 2021
Ocado announced it is discontinuing its Low Price Promise price matching tool. Replaced by low-cost items Ocado’s Low Price Promise checked customers’ shopping against Tesco prices for comparable items. Customers were given an Ocado voucher for the difference between Tesco and Ocado’s price if the item they bought could have been purchased at Tesco for a lower price. Ocado is now removin...
25 January 2021
EG Group, whose owners Zuber and Mohsin Issa are in the process of buying Asda from Walmart, has appointed retail heavyweight Stuart Rose as its new chair. Governance structures to be strengthened Rose, a former executive chair of M&S, is currently chair of Ocado, but will step down from this role in May. He will take up the new position at EG Group immediately and will work to develop impr...
25 January 2021
Kroger and Ocado have confirmed Phoenix, Arizona as the location for one of its 10 announced Customer Fulfillment Centres (CFC). We look at where the two companies will be aiming to grow their share of the US online grocery market. Supporting Fry's and Fry's Marketplace banners Last year, Kroger announced that it would open new facilities in the Great Lakes, Pacific Northwest and Southwest ...
08 January 2021
Ocado’s online petfood business, Fetch, has been acquired by direct-to-consumer pet supplies company Paws Holdings.   Launched in 2014 Ocado launched Fetch as a standalone online pet store in 2014 offering products for cats and dogs, (which make up 90% of its sales), as well as other animals. Paws Holdings, which operates Pet-Supermarket.co.uk in the UK and Medicanimal.com in Europe, has...
05 January 2021
In the 12 weeks to 27 December 2020 the grocery market grew +11.4%, the fastest rate since August 2020, according to Kantar. Growth was driven by Christmas spending and changing shopping habits due to increased restrictions. Here we look at the results in more detail, including an overview of performance in the online and discount channels. Record four weeks of sales With the closure of ...
21 December 2020
The UK government has introduced new rules for Christmas, with tighter restrictions in some areas of the country. We explore these, and the implications for the grocery sector. What has changed? A new tier has been introduced for London and much of the south-east The whole of Wales has entered another lockdown Scotland will enter a new lockdown from 26 December Where are the n...