Supermarkets facing existential threat from ultra-fast delivery upstarts
The traffic/employment legislation dodgers reckons they could gobble up 50% of the grocery market
Company
Ocado Group PLC
LON:OCDO
Ocado was launched in partnership with Waitrose in January 2002, and delivers quality groceries across selected areas of England and Wales. Our business was conceived with one simple objective in mind: to offer busy people a true alternative to going to the supermarket every week. By doing this, we created a totally new shopping experience, built entirely around our customers’ needs. By fulfilling orders from a dedicated warehouse, we can show virtually live inventory on our webshop, enabling customers to choose from a range of groceries that are actually in stock. By using unique logistics software and satellite navigation systems in our vans, we strive to deliver the right goods at the right time.
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Ocado sales growth slows as online boom eases
Ocado has signed a new partnership with Auchan Retail
Ocado is best long-term hedge against grocery disruption, says Morgan Stanley
“Although the stock looks expensive against other software companies with similar business models, this is justified by a much superior growth outlook"
Online grocery shopping stalls as Britain returns to pre-pandemic habits
This trend benefitted Aldi and Lidl and slowed down growth for Ocado
Ocado ripe for re-rating suggests Morgan Stanley
"With the shares down 34% since the peak in September 2020, we think near-term risks are priced in"
Ocado sees high demand for soup as cold May weather hits high street recovery
These trends may soon reverse as the UK is finally seeing a rise in temperatures
Supermarket sales dip as lockdown eases but remain above pre-pandemic levels
People returned to buy more ready meals as they had less time to spend cooking, while mouthwash and shoe polish were in demand after socialising was allowed again
Supermarket data to show how vaccine roll-out is affecting online shift
Tuesday's diary also includes results from Aveva, Big Yellow, Electrocomponents and Shaftesbury
Ocado to pump £10mln into self-driving vehicle specialist Oxbotica
The companies plan to develop a wide range of autonomous solutions that have the potential to transform the warehouse and service delivery operations of Ocado and its customers
Online grocery growth slips as vaccinated older shoppers head back to stores
Now largely vaccinated, over-65s increased their trips to bricks-and-mortar outlets by 6.8% – more than double the national rate
Ocado plans 12 micro customer fulfilment centres rollout for one-hour deliveries
The upcoming quarterly sales figures will reflect the year-on-year comparisons with periods of full lockdown
Ocado, Fevertree and Gym Group on Thursday agenda
There's also results from 888 Holdings, National Express, EMIS Group, Genel Energy, Eve Sleep and Vectura
UK online grocers hit market share record but outlook depends on COVID-19 restrictions
Ocado said earlier on Tuesday its future performance will be highly dependent on how lockdowns are eased
Ocado forecasts £700mln yearly capital expenditure in new year as losses reduced over fivefold
The online grocer is planning further investment in the UK and internationally but revenue growth depends on COVID-19 restrictions
Richard Jeans' Tech Blog: Cisco, Twitter, Uber and Ocado to report earnings
Ocado, the FTSE 100 online grocery platform and solutions provider, and ex-FTSE 100 enterprise software company Microfocus report earnings this week. Meanwhile, in the US Cisco Systems, Twitter and Uber Technologies are set to report their
Cisco, Twitter, Uber and Ocado to report earnings
Ocado, the FTSE 100 online grocery platform and solutions provider, and ex-FTSE 100 enterprise software company Microfocus report earnings this week. Meanwhile, in the US Cisco Systems, Twitter and Uber Technologies are set to report their
Alcohol and kids meals boost supermarket sales in lockdown January
Ocado's joint venture with M&S was again the fastest growing of the publicly listed grocery groups
Ocado, CMC Markets, Ergomed and Pure Gold Mining among broker's top growth stocks for 2021
Other new additions to the list in the FTSE 350 include 888 and Pets at Home
Supermarkets enjoy biggest ever month as coronavirus cannot dent Christmas spending
Online orders accounted for 12.6% of grocery spending during the month compared with 7.4% a year earlier
Ocado poaches chairman from Mastercard to replace Stuart Rose
Rick Haythornthwaite will replace Stuart Rose at the group's AGM next May