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After a colourful year online supermarket and automation business Ocado will later this week unveil its earnings for 2023.
The boss of an independent coffee brand has opened up about the decision to pull its products from the shelves of Tesco.
Online grocer and technology firm Ocado has said two of its senior employees will step down from the board with immediate effect as it looks to “refresh” its top table.
Ocado Retail, the grocery delivery service owned in a joint venture with Marks and Spencer, said it would return to positive EBITDA for the full year, as customers fall back in favour with the brand
Ocado will update investors on its fourth quarter trading on Tuesday, to see if a barrage of price cuts has managed to win over more customers amid the cost of living crisis. The supermarket technology business, which owns an online grocery venture with Marks and Spencer, enjoyed big wins during the pandemic but has struggled [...]
Ocado has found itself in the spotlight for a host of reasons this year including a rumoured takeover from Amazon and a tiff with M&S.
Upmarket grocer Ocado has reported a 7.2 per cent surge in revenues to £569.6m in the third quarter as turnaround plans under the guidance of its year old chief executive appear to show signs of paying off. The digital supermarket, which operates as a joint venture with M&S, said the average orders per week at [...]
Retail tech group Ocado is looking to settle jitters over sluggish demand from shoppers this week as it updates the City after following a bruising nine months.
Ocado’s share price grew just under one per cent on Wednesday following news it would slash prices on 200 more goods to entice customers. In recent months the tech-driven supermarket, which is owned as part of a joint venture with M&S, has been distancing itself from its reputation as an upmarket grocer with the brand [...]
The chief of Ocado’s technology solutions division will retire in September, leaving a new man at the top of the occasionally embattled firm’s most vital division. Luke Jensen will quit the role of executive director and CEO of Ocado Solutions, with John Martin, currently a non-executive director, made the new chief executive. This comes as [...]
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