Ocado news

17 May 2013
Morrisons and Ocado have today announced an agreement that will enable Morrisons to move into the online grocery market by January 2014. An important step forward for both parties The deal should bring new growth for both retailers, and helps answer the question that Morrisons has been considering for some time; namely whether and how to take its offer online . Deliveries will be made f...
25 March 2013
Waitrose has announced the appointment of Tony Rivenell to the new role of head of omnichannel delivery. He will join the grocer in June. Developing cross channel strategy Commenting on his appointment, Robin Phillips, Waitrose ecommerce director said “I'm delighted that Tony will be joining the Waitrose ecommerce team as head of omnichannel delivery. Tony will be responsible for leading t...
14 March 2013
Ocado has reported a gross sales increase of 14.4% for the 12 weeks to 24 February 2013. In more significant news, it has announced it is in discussions with Morrisons to license certain parts of its technology and operating knowledge for the purpose of Morrisons commencing online operations. Sales momentum continues into 2013 Ocado updated on Christmas trading mid-January and today's int...
26 February 2013
Ocado's second Customer Fulfilment Centre (CFC2) has started delivering orders to customers, marking a potentially pivotal moment in the retailer's trading history. Second warehouse could double capacity in time The go-live, on schedule, of the group's second major automated warehouse sees the retailer significantly increase its capacity to deliver orders in the medium term. Management ha...
07 February 2013
Ocado has confirmed gross sales grew by 11.4% to £716.2m for the 52 week period of 2012. The pure play retailer expanded its range by 40% during the year to reach 28,000 SKUs, as CEO Tim Steiner aims to move from 'supermarket to hypermarket' status. EBITDA was up 20.4% to £33.5m, although the retailer recorded a loss before tax of £1.0m this narrowed to £0.6m looking at the 53 year period. Gross m...
30 January 2013
Ocado has signed an exclusive agreement with Jamie Oliver to become a featured advertiser on the chef's new YouTube Channel. Enter the world of Ocado Ocado will run an unskippable 30 second ad before each piece of content on Jamie Oliver's new FoodTube channel. Oliver launched the FoodTube channel on 21 January, and now has 130,000 subscribers, with over 12.5 million video views.  The adver...
22 January 2013
Ocado has announced that Sir Stuart Rose will become chairman from March 2013, taking over from Lord Grade who retires after six years service. High profile return for Sir Stuart Commenting on his appointment, Sir Stuart said: "as retail goes through a fundamental shift into the digital world, I believe Ocado's model and the high standards of customer service it provides will see it emerge ...
15 January 2013
For the six trading weeks to 06 January 2013 Ocado has reported 14.2% gross sales growth to £91.6m, while gross sales in the seven days to Christmas were up 17% to £21.8m. Customer orders increased 11.4% and the average number of orders per week was 140,000. Solid but relatively modest growth Trading against the relatively tough partial comparatives of last year, where sales rose 16.0% to...
03 January 2013
Our summary of when retailers will reveal their Christmas trading results. Monday January 7th – Morrisons Wednesday January 9th – Sainsbury’s Thursday January 10th – Tesco and M&S Monday January 15th – Ocado Watch out for our analysis on the day and for our upcoming Christmas trading special analysis. Want to learn more about the trading outlook? ...