Ocado - Latest News and Analysis – Page 40
-
News
Goldman Sachs buys into Ocado
Goldman Sachs the US investment bank has bought a 4% stake in Ocado, the online grocery business of Waitrose. The US company is believed to have paid £12.5m for the stake in Ocado which is now valued at £312m.Ocado services 145,000...
-
News
Ocado ‘set for second slot’
Online retailer Ocado is set to overtake Sainsbury’s to You in turnover in the next few months, according to chief financial officer Jason Gissing.He said Ocado had achieved 300% sales growth this year and was set to be taking £1.5m a week by...
-
News
One Ocado MD is bowing out
Online shopping service Ocado is reviewing its board structure after the departure of joint md Roger Whiteside this week.Chief executive Tom Steiner said Ocado wanted to create a streamlined management model.He said: “Roger has left...
-
News
Ocado opens third depot
Ocado will be available to five million households by November when it opens a third distribution depot in Rugby.Ocado managing director Nigel Robertson said the spoke depot would be serviced from its distribution hub in Hatfield, and would...
-
News
The main supermarket retailers have failed to improve their
While Ocado continues to outperform the rest of the market and Waitrose offered a very good service, Sainsbury, Asda and Iceland have yet again proved to be unable to deliver a half-decent experience, while Tesco has niggles. Difficulties in...
-
News
Ocado seeks new hubs
Anne Bruce Ocado is looking for satellite distribution centres in the south and a second main depot in the north as demand takes off, according to joint MD Roger Whiteside. The Waitrose supplied online shopping service is now taking up to...
-
News
Ocado gets its first test
Waitrose's online joint venture Ocado was launched with promises of better customer service. Our fifth online shop, and the first to feature the service, shows that so far it is living up to its claims. Our shopper, new to the service, described the...
-
News
Ocado heralds arrival on the London stage
Anne Bruce Waitrose online joint venture Ocado is to start a £2m poster, press and TV campaign in London this week to build its brand across the M25 region before launching in other UK cities. Joint md Nigel Robertson said: "This announces...
-
News
Gaining an edge in the online shopping arena is pretty tough
That's why the brains behind Ocado, the online shopping outfit in which Waitrose has a stake, are so eager to point to the 99% accuracy on delivery times and less than 2% substitution rate on orders they recorded during trials of their service....
-
News
Ocado claims it is redefining online shopping standards
Anne Bruce Waitrose online shopping partner Ocado claims to have cracked home shopping with 99% accuracy on delivery times and less than 2% substitution rates in trials. Joint md Nigel Robertson said the service has achieved 25% penetration...
-
News
BOGOF's Week
Coming out from the official London launch of Ocado, the Waitrose online shopping service, in Portman Square this week, I was concerned to see the Hemel Hempstead based posse had parked one of their distinctive vans in a Westminster residents' only...
-
News
Budgens has received an approach from Irish company Musgrave
Waitrose achieved a record operating profit of £92.7m for the year to January 26, compared with £57m last year. John Lewis Partnership's share of the loss on Ocado, the Waitrose branded online shopping service, was up from £3.8m to £17.8m. Former...
-
News
Ocado spreads to London
Waitrose online shopping partner Ocado has "taken the first bite of the cherry" as it expands to London with a model it plans to apply internationally. Joint md Roger Whiteside said: "We are applying proven technologies, and believe our model has...
-
News
Ocado off to flying start
Ocado is already attracting big spenders in its first full week of operation. The home shopping service, set up with the backing of the John Lewis Partnership using Waitrose products, is proving popular with shoppers taking advantage of the free...
-
News
Waitrose harmonises sites as it gears up for Ocado
Waitrose has incorporated its three existing internet stations Waitrosedeliver, Waitrose@work and Waitrose Direct into the upgraded Waitrose.com portal. The site has been redesigned to offer online shopping as well as information on food and...
-
News
Online retailing: And the name is Ocado
Waitrose's e-commerce partner Last Mile Solutions has unveiled its brand name, Ocado, and a five year deal with BOC Distribution Services which will provide warehousing operations. All branding will be "Ocado in partnership with Waitrose". Ocado's...