Feb 26, 2019 | News, Retailing
Marks and Spencer Group PLC has confirmed that it is in discussions with Ocado Group plc regarding a joint venture in the UK retail market, believed to have a potential value of £1.8bn. Shares in both companies jumped following the news, which would give M&S a...
Feb 5, 2019 | News, Retailing
Ocado has reported significant losses of £44.4m for the year ending 2nd December 2018, despite sales rising by 12.3%. The online food retailer has recorded a pre-tax loss of £44.4m, compared with only £9.8m over the previous 12 months. However, the business also...
Dec 19, 2018 | News, Retailing
Ocado Group Plc has announced its trading statement for the 13 weeks to 2nd December 2018, in which it saw double digit growth in average orders per week. The online supermarket also saw consistent strong growth in revenue of 12.0%, and the new facilities at Andover...
Jun 20, 2018 | Food Equipment & Services, News, Retailing
GS1 UK has announced that Tesco and Ocado have become the first retailers to sign commercial contracts for using productDNA, a new grocery product data-sharing service. productDNA, which launched last month, is said to be the result of the retail industry getting...
May 18, 2018 | News, Retailing
A partnership agreement between Ocado Group plc and The Kroger Co. has been announced. Ocado has signed a partnership agreement with Kroger under which Ocado’s technology will be used in the US exclusively by Kroger for grocery and other food distribution...
