Ocado news

Market growth once again slowed in this reporting period as shoppers continued to return to their pre-Covid behaviours, and many stopped shielding. In the 12 weeks ending 6th September take home grocery sales grew by 10.8%, according to Kantar. This was the fifth month to see double digit growth, however was a slowdown compared to the 14.4% growth seen in the previous reporting period. We l...

Ocado's retail revenue grew by 52% in Q3, for the 13 weeks to 30 th August 2020. Driven by average order size In Q3, retail sales grew faster in comparison to Q2 due to demand remaining high versus a “seasonally soft” quarter in Q3 2019. The increase in revenue has been driven by an average order size of £141, up over 30% YoY. Whilst average order size continues to normalise from COVID-...

M&S products have now exclusively launched on Ocado.com. We take a look at some onsite execution, including M&S shop-in-shop, Fresh Picks, and Dine in for Two. Full M&S food range The partnership with Ocado sees the first time the entire M&S food range has been available to buy online. The range includes 6,000 M&S food products and 800 M&S everyday clothing and home lines. Ocado’s full rang...

Ocado has increased its stake in the UK vertical farm business, Jones Food Company, according to a report from The Telegraph. Meanwhile, Ocado’s CFO, Duncan Tatton-Brown is set to step down after eight years in the role.    Vertical farm investment   According to the report, Ocado has increased its share in Jones Food Company, which currently operates a vertical farm in Scunthorpe, to 7...

Aeon has confirmed the site for the first Ocado Customer Fulfilment Centre in Japan. It will serve customers in Chiba province and the Tokyo Metropolitan Area. A first step to go live in 2023 The first Customer Fulfilment Centre (CFC) will be located in Honda-cho, Midori-ku, Chiba-city. The CFC can hold a large range of approximately 50,000 products. It operates 24 hours, with picking opera...

In the 12 weeks ending 9th August take home grocery sales grew by 14.4%, according to Kantar. This was a slight slowdown compared to the 16.9% growth of the previous reporting period. Growth slowed as restrictions eased further and shoppers began to return to their normal habits, with average spend declining and frequency of visit increasing. We look at the results in more detail and the lates...

Take home grocery sales continue to rise, with 16.9% growth in the 12-week period up to 12th July, according to Kantar. This was the fastest growth on record since 1994, showing what a significant impact the pandemic is having on shoppers' behaviour. The 12 weeks include sales after the initial phase of strict lockdown in April, capturing the three months following this of eased restrictions for ...

Ocado's retail revenue grew by 27.2% in the first half (26 weeks ended 31 st May), whilst Group revenue (Retail, Solutions and logistics) was £1,086.8m up 23.2%.  Unprecedented, sustained demand for UK online grocery Ocado has 639,000 active customers, which is a significant decrease of (14.1)% year-on-year (YoY), as it’s had to prioritise loyal and vulnerable shoppers. These customers are...

Leading food retailers are among a group of 20 major retailers to sign a declaration to develop a roadmap to tackle the causes of climate change. The initiative, led by the BRC, will develop a common position ahead of the COP26 climate change conference, which will be held next year in Glasgow having been postponed due to the coronavirus crisis. Commitment to decarbonise the entire supply chai...

In the 12-weeks prior to 14th June take home grocery sales grew 13.7% year-on-year, according to the latest figures from Kantar. This is a slight slow down from the previous 12-week period where sales growth was 14.3%. We explore the growth in more detail and look at key retailers' performance. Shopping patterns remain severely disrupted This 12-week period captures the full lockdown period...