Ocado news and analysis – Page 22
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NewsOcado launches £1bn funding drive to capitalise on online shopping boom
Ocado is seeking to raise more than £1bn to capitalise on the boom in online grocery shopping brought about by coronavirus.
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Analysis & FeaturesThe Power List 2020: online shopping
Demand for online grocery shopping has soared under lockdown. Our power list looks at who’s managed growth best, and the challenges they now face, from retention to profitability
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NewsOcado shares surge despite capacity constraints
Ocado may have had to turn away willing customers and shut down its website as it struggled to cope with a wave of demand during the coronavirus crisis, but its share price still hit new record highs this week.
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NewsTrustpilot warns Ocado after influx of five-star reviews
The website has been bombarded with positive feedback for the online supermarket, with 3,569 five-star reviews and 464 four-star reviews flooding in during the first six days of May alone
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NewsOcado on supplying the shielding: ‘We’ve done more than our share’
Duncan Tatton-Brown said Ocado was serving more people on the government’s shield list ‘than our proportionate share’ of the grocery market
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NewsCity snapshot: Ocado sales surge 40% during coronavirus lockdown
Ocado’s retail sales have surged by more than 40% in the coronavirus lockdown period after ramping up capacity during the crisis. Plus, McColl’s CFO quites for Holland & Barrett role and all the rest of the latest news from the City.
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NewsOcado halts its Reserved service as demand continues to surge
Reserved customers usually receive a regular delivery day and time on a weekly or fortnightly basis
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NewsOcado seeking redeployed staff from businesses impacted by Covid-19
The online supermarket is inviting businesses impacted by the outbreak to send any temporarily unneeded staff its way
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NewsCoronavirus: Ocado delivering no further than doorstep
Drivers will no longer enter customers’ homes to carry in deliveries
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NewsCoronavirus: Ocado pleads for supplier help to cope with demand
A pleading communication from Ocado Retail CEO Mel Smith warned suppliers to expect ‘volatility in orders placed’
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NewsWaitrose ramps up online offer as Ocado split date approaches
The retailer has added its Waitrose.com online delivery service to 24 more of its shops
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NewsOcado results reveal legal fees of £1.3m and M&S range growth plans
The total cost of the litigation action is likely to increase as the court battle rolls on, with Faiman denying allegations and counter-suing the company
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NewsCity snapshot: Ocado slumps to £215m loss as Andover fire hits profits
Ocadoreports strong results despite the impact of a fire at its Andover CFC last year, M&S snaps up Greencore CFO and Cranswick buys leading UK pig farm
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NewsOcado seeks to launch contempt case against Jonathan Faiman’s lawyer
Ocado is separately suing Faiman for “industrial espionage”
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NewsOcado Retail grows fourth quarter sales by 10.8%
Ocado Retail, the joint UK grocery venture between Ocado and Marks & Spencer, has posted growth of 10.8% in the fourth quarter driven by a double-digit jump in order volumes.
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Analysis & FeaturesWhere will Ocado Retail place its mini-CFCs?
Making CFCs smaller increases the number of potential places they can go
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NewsCity snapshot: Ocado launches £500m bond offer to fund global growth
Ocado has announced the launch of a £500m corporate bond offering to help fund the global expansion of its Ocado Solutions business.
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NewsOcado signs first Asian supply partnership with Japan’s Aeon
Ocado has this morning announced it has agreed a partnership with Japanese grocery retail Aeon to launch an online grocery delivery business in the country using its Ocado Smart Platform technology.
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Comment & OpinionWhat a ‘mini-CFC’ means for the people of Somerset, M&S and Ocado’s US ambitions
Ocado’s sixth customer fulfilment centre is a little different to the previous five
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NewsOcado and M&S to open new ‘mini CFC’ in Bristol
The facility will have the capacity to fulfil more than 30,000 orders per week