Ocado news and analysis – Page 43
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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...
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Rudoe appointed first head of retail at Ocado
Ocado has created a new head of retail role to help it compete in the growing internet shopping market. Jon Rudoe has been promoted from his post as head of trading and marketing, extending his responsibilities to cover...
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Ocado builds Yorkshire hub to serve north
A new distribution centre for Ocado is being built in Yorkshire to enable the online retailer to better serve the north. The development, on a new industrial estate in Birstall known as Springwell 27, will be one of six RDCs all served...
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online retailer of the year
Even in the face of a momentous year for online rival Ocado, Tesco was the clear online champion. Tesco introduced Tesco Direct, its innovative non-food website and catalogue service in September 2006. The service marked the culmination...
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spotlight - A contract with Ocado may be about to put the Square Pie Company back on the retail map
A contract with Ocado may be about to put the Square Pie Company back on the retail map, as managing director Martin Dewey explains As you read this we are poised to launch into Ocado with two chilled, unbaked pies initially and two more in a couple...
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PepsiCo acquires V Water
PepsiCo has acquired vitamin water brand V Water in a deal thought to be worth £10m.The brand, which has six flavours, was set up in 2004 by Walter Faulstroh and Chris Coleridge and is sold in Waitrose, Ocado, Wholefoods Market, BP and...
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Ocado trials electric delivery van to find green alternative
Online retailer Ocado is trialling an electric delivery van to see if it could be a viable alternative to its fleet of diesel-powered vehicles.If the trial was successful, the vans could replace the 500 Mercedes Sprinter vans currently...
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Ocado: Tesco's 'rubbishing' led to record Sunday orders
Ocado claims Tesco's negative advertising campaign over the price-match battle between the two retailers has backfired, as Ocado's sales shot up. "On the day Tesco placed ads rubbishing us, we had our record number of orders on a...