Ocado keeps guidance after return to H1 profit Ocado, the British online supermarket and technology group, kept its financial guidance for the year as it reported a return to underlying profit in its … Business • 18 Jul
Ocado strikes tech deal with Auchan Poland Ocado said today it had struck a partnership with Auchan Retail Poland to provide its online delivery and picking technology at an automated centre, and … Business • 15 Mar 22
Ocado's core earnings weighed down by investment Ocado Group, the UK online supermarket and technology firm, has today reported a 12.1% fall in annual core earnings, with investment in the business more … Business • 08 Feb 22
Marks & Spencer shares rise on Apollo report Shares in Marks & Spencer rose this morning after a report in The Sunday Times said investment firm Apollo Global Management has been "running the … Business • 22 Nov 21
Ocado wins new customer in Spain as H1 revenues rise British online grocer and technology group Ocado said it had signed a new agreement with Auchan Retail to use its technology to develop Alcampo's online … Business • 06 Jul 21
Former Tesco CEO Lewis leaves with £1.6m pay packet Former Tesco boss Dave Lewis walked away from the supermarket giant with a £1.6m pay packet last year, the group's annual report has revealed. Business • 18 May 21
Ocado invests in autonomous vehicle firm Oxbotica British online grocer Ocado said today it would invest £10m in autonomous vehicle software company Oxbotica as part of a partnership that aims to reduce … Business • 16 Apr 21
Availability impacted by Covid-hit suppliers - Ocado UK online supermarket Ocado has become the first major food retailer to warn that the availability of some products is being impacted by Covid-19 pandemic … Business • 11 Jan 21
Ocado to buy two robotics companies for $287m Ocado, the UK online supermarket and technology group, said today it would buy two robotics companies for a total of $287m. Business • 02 Nov 20
M&S to tap into food delivery boom to halt decline Marks & Spencer will make the first deliveries through its new online food shopping joint venture in the UK on Tuesday. Business • 28 Aug 20
Ocado sees retail sales soar 27% during Covid lockdown Ocado said it was confident that the surge in online grocery shopping due to the coronavirus pandemic will continue as it reported a 27.2% jump … Business • 14 Jul 20
Online supermarket Ocado's revenue soars 40% UK online supermarket and technology company Ocado said its retail revenue soared 40.4% year-on-year in its second quarter so far as shoppers in coronavirus lockdowns … Business • 06 May 20
Nobody will starve in Covid-19 crisis - Ocado chairman There is no shortage of food in Britain and nobody will starve during the coronavirus emergency, said the chairman of online supermarket Ocado who believes … Business • 26 Mar 20
Ocado says coronavirus boosting demand Online supermarket Ocado has seen growth double in March as the business is overwhelmed by new orders from people staying indoors to avoid the coronavirus … Business • 19 Mar 20
Ocado sees orders leap as coronavirus spreads Ocado has advised customers to place orders further in advance because of "exceptionally high demand", indicating a possible reaction from shoppers to the spreading coronavirus … Business • 02 Mar 20
Ocado counts cost of fire at UK flagship warehouse UK online supermarket and technology group Ocado today reported a ballooning annual pretax loss and a 27% fall in core earnings. Business • 11 Feb 20
Ocado sees sales growth edge lower in latest quarter British online supermarket Ocado said today that its retail revenue growth slightly slowed in its latest quarter, as it saw growth in weekly orders but … Business • 12 Dec 19
UK's Ocado sees retail sales growth accelerate UK online supermarket and technology company Ocado has today reported an acceleration in retail sales growth in its latest quarter, helped by additional capacity from … Business • 17 Sep 19
Ocado invests £17m in vertical farming Britain's Ocado is ploughing £17m into the emerging "vertical farming" industry, further diversifying the online grocer and technology group's business. Business • 10 Jun 19
Marks & Spencer's annual pre-tax profits drop by 10% Marks & Spencer today reported a 10% fall in full-year profit, a third decline in a row, showing the pain of its latest attempt at … Business • 22 May 19
Ocado says Andover fire was caused by electrical fault British online grocer Ocado said the huge blaze which destroyed its flagship distribution centre in Andover in England, was caused by an electrical fault in … Business • 29 Apr 19
Ocado lands partnership deal with Australia's Coles British online supermarket pioneer Ocado has signed a partnership agreement with Australia's Coles Group. Business • 26 Mar 19
Ocado shares rise after company plays down fire impact British online supermarket Ocado has played down the impact of a fire which devastated its flagship distribution centre in England, saying the blaze did not … Business • 19 Mar 19
M&S pays £750m to seal Ocado online food tie-up deal British retailer Marks & Spencer has agreed a joint venture with online supermarket pioneer Ocado that would give M&S a full online food delivery service … Business • 27 Feb 19
M&S in tie-up talks with Ocado to take its food online Marks & Spencer is in talks with Ocado to form a joint venture that would give M&S a full online food delivery service for the … Business • 26 Feb 19
