Archive
Food stocks and housebuilders in Wednesday's spotlight with updates from Booker and Persimmon
A look at Wednesday's agenda with interims from Ocado Group and trading statements from Booker Group, Persimmon and McCarthy & Stone
Company
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.
509 stories · page 22 of 26
Archive
A look at Wednesday's agenda with interims from Ocado Group and trading statements from Booker Group, Persimmon and McCarthy & Stone
Archive
Week ahead, J Sainsbury, Non-farm payrolls, Ocado, Imagination Technologies
Kantar Worldpanel said overall supermarket sales rose by 5.0% in the 12 weeks to June 18, a stark contrast to the 0.2% decline seen this time last year
The bank's analysts pointed out that while there remains a fear of Amazon entering the UK, the food retail sector is likely to remain depressed
In a ‘Global Food Retailing’ note to clients, analysts’ at Credit Suisse reiterated their three reasons why they see the Amazon/Whole Foods deal as being positive for Ocado
A look at the biggest risers and fallers in London today
Investments and investor services
The FTSE 100 closed 60 points up at 7,523 as the government begins Brexit negotiations.
Neil Wilson, senior market analyst at ETX Capital, said: "Investors have shown a great deal of patience and while the rewards from this agreement won’t be immediately forthcoming, it bodes well for the future"
The FTSE 250-listed group said: “The retailer wishes to remain anonymous until it launches its online business in order to retain competitive advantage.”
The FTSE 100 was subdued in early trade and after the weekend's horrors
Grocery price inflation was up 2.9% year-on-year in the 12 weeks to May 21, from a 2.6% increase in the previous three month period.
Archive
Day ahead; J Sainsbury, Ocado, Imperial Brands, Paddy Power Betfair ...
The FTSE 100 closed up 46 at 7,250 on the day with Intertek the biggest gainer
In an update in March, Sainsbury’s move to diverse from grocery with the acquisition of high street catalogue retailer Argos looked to be paying off as its total like-for-like sales grew by 0.3%
Archive
Charlotte Hogg resigns; gin and choccie biccies joint the list of household essentials; French Connection's post-Brexit blues; Ocado-do-do (push pineapple, grind coffee)
The FTSE 250-listed firm saw its gross retail sales rise to £352.4mln in its first-quarter, up from £311.6mln in 2015, with group gross sales up 13.3% to £384.7mln
Archive
investors will be scanning full-year results from Chilean copper producer Antofagasta, due on Tuesday, for progress on the expansion of its Los Pelambres asset
Some of the largest share prices and fallers in London
The FTSE 250-listed firm saw its underlying earnings increase by 3.3% to £ 84.3mln for the year to November 27 2016, up from £81.5mln in 2015.
FTSE 100 shares closed lower on Tuesday in sympathy with declines of up to 160 points on Wall Street’s DJIA as the fallout of US President Donald Trump’s first week in office continued to take its toll