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Ocado

  • Ocado cements Coles partnership as Australian fulfilment centres open

    August 27, 2024

    Online grocer Ocado has announced that its two fulfilment centres in Australia commenced operations in July after a year of delays. The centres, which will serve communities in Melbourne and Sydney via Ocado’s Smart Platform, were opened in partnership with Australian online grocer Coles. The partnership was signed in 2019 and has been subject to [...]

  • Ocado partners with US grocery giant Kroger on robotic arm rollout

    July 22, 2024

    Ocado has ramped up its partnership with US grocery giant Kroger to bring in a wave of automated technologies across Kroger's warehouses.

  • Ocado shares lead the FTSE 250 as chief announces ‘clear roadmap’ to profit

    July 16, 2024

    The company told markets this morning, that it had revenue of £1.5bn, up by 12.6 per cent year on year, driven by 22 per cent growth in technology solutions. 

  • Ocado: Shares in M&S-linked grocer tumble after being labeled ‘underperforming’

    July 15, 2024

    Shares in M&S-linked grocer Ocado have tumbled after being branded as 'underperforming' only a few weeks after being demoted from the FTSE 100.

  • Barratt becomes one of the most hated shares in the UK despite Labour bounce

    July 9, 2024

    Barratt is due to make a trading announcement tomorrow. Analysts expect operating profit to more than halve from £863m to £357m for the year, thanks to higher interest rates and inflationary pressures.

  • Ocado continues foray into Japanese market with expanded Aeon partnership

    July 8, 2024

    In May, Ocado held its position as the fastest growing grocer for the third month in a row, as efforts to cut prices continued to pay off.

  • FTSE 100 reshuffle: Ocado and St James’s Place out, and one surprising new entrant

    June 6, 2024

    The FTSE 100 index has lost some well-known names but gained one unexpected addition.

  • St James’s Place set to plummet out of FTSE 100

    May 29, 2024

    St James's Place is set to fall out of the FTSE 100 after ten years in London's main index.

  • Ocado set to fall out of FTSE 100 after shares crash

    May 29, 2024

    Investors appeared to delete Ocado from their shopping baskets on Wednesday, after reports the business behind the posh online grocery store could be relegated from the FTSE 100 led to a fall in its share price.

  • Marks and Spencer shares surge to the top of the FTSE 100 as it smashes analyst expectations

    May 22, 2024

    Marks and Spencer has beaten analysts' expectations, posting a 58 per cent jump in profit before tax for the full year, as chief Stuart Machin reaps the benefits of the high street darling's turnaround plans. 

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