Ocado - Latest News and Analysis – Page 37
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Ocado prepares cuts at depot to replicate store counter service
Ocado has employed 25 butchers and fishmongers to prepare more than 100 new meat and fish products. The staff will work in a newly constructed kitchen in Ocado's Hatfield HQ and prepare cuts to order. As well as weight, customers can...
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Ecover concentrates on improving sales
Struggling household brand Ecover is locking horns with Unilever and P&G with its debut concentrated laundry cleaner.The bio and non-bio concentrates (rsp: £5.69) have been on trial at Waitrose and Ocado for three months but will be...
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Ocado takes value tack as Everyday up to 400
Ocado will expand its exclusive range of Ocado Everyday products, launched at the end of last year to provide more value in its bottom tier, in a move that provides further distance from the Waitrose range it currently stocks. In...
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NewsPicture This...Grocery shopping? there's an app for that
"This is grocery shopping 2.0," said Jason Gissing, the former Goldman Sachs banker and Ocado co-founder, who this week launched an iPhone application designed to make shopping for Ocado groceries easier than ever - at least for those who own an...
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Everyday lines to be extended by Ocado
Ocado is planning to extend its budget own-label Everyday range because it has been "trading in a very popular manner" since it was rolled out late last year.
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Ocado sticks to its guns over price match policy
Ocado has vowed to continue advertising its pledge to match Tesco prices on branded products, despite a ruling by the Advertising Standards Authority (ASA) that two adverts published last year breached its code. The price match claim could...
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Editor's Comment: As Ocado adds scale, it can increase profits exponentially
The UK's fastest-growing grocery retailer is probably not who you might think, says Adam Leyland
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Asda online sales up 60% as web delivers 35% growth to £3bn
Shoppers spent an extra £1bn on online groceries in the past year, new research seen exclusively by The Grocer reveals. Online sales of groceries at Tesco, Asda, Sainsbury's and Ocado increased 35% to £2.9bn [TNS 52w/e 22 March 2009] to account for...
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Ocado founders buy Russian land with view to grow cereal
The three founders of Ocado Jon Faiman, Tim Steiner and Jason Gissing, have bought a chunk of land in Russia and are planning to grow cereals. It emerged this week that Faiman, who held the position of chief operating officer, left the...
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What online insights can P&G gain from Ocado?
Procter & Gamble has taken a 1% stake in Ocado to gain an insight into online trading. What knowledge does P&G hope to gain? Chloe Smith reports
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Editor's Comment: Is Tesco's discounter range really a mistake when even Ocado is distancing itself from premium?
In the week that Morrisons reported an 8% increase in like-for-like sales, Tesco's 2.2% growth - and the discounter range that has arguably brought it about - looks neither big nor clever. While Sir Terry and his team argue it has deliberately...
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Ocado budget range 'is about improving choice'
First Ocado announced it would copy Tesco by matching its prices on all branded items. Now the online retailer is taking its emulation of Tesco one step further by launching a Discounter range of its own.The 21 products in its Everyday range...
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P&G buys into Ocado with £5m stake
Procter & Gamble has taken a symbolic first step into UK retail by snapping up a surprise £5m stake in online grocer Ocado.
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Gissing: why Waitrose and Ocado are not competitors
The John Lewis Partnership has moved its stake in Ocado to the pension fund. Should the online delivery company be delighted or nervous, asks Chloe Smith
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NewsGissing: Waitrose and Ocado are not rivals
Ocado has dismissed suggestions it will go head-to-head when Waitrose rolls out its home-delivery service in the fourth quarter of the year, insisting the two retailers – which both sell Waitrose-brand groceries – will complement each other.
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Ocado broadens offer with non-food range
Ocado has set out to double its range by the end of the year and has made its first foray into non-food. Magazines, toys, books and fresh flowers went on sale this week and there are ambitious plans to push deeper into non-food as well as broadening...
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Ocado sale unlikely in wake of £40m losses
Ocado has been touting itself for sale, but is struggling to find a buyer, a senior supermarket executive has claimed to The Grocer. “Clearly where the money markets are, and at the price that they want, there are not many takers,” said the...
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The Online Crusader: Ocado finance chief Jason Gissing
If Ocado finance chief Jason Gissing gets his way the company will one day have 30% of the online grocery market. He explains how to Chloe Smith
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Ocado in same-day service first
Ocado is to trial a same-day delivery service, in a first for online grocery retail. Finance director Jason Gissing told The Grocer the trial would take place “over the next few months” in London, where Ocado claims it commands 50% of online...
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Ocado sets up unique waste reduction drive
Ocado has launched a groundbreaking new initiative it claims will help consumers dramatically reduce their food waste. From September, the online retailer will display product use-by dates online and on receipts. "It means the food we sell...