Ocado has detailed a further round of price drops on 200 own-label and branded products. This follows its move in June to drop the price of everyday essentials . The ‘Back to School’ initiative has dropped prices by an average of 8% to help parents save during the summer holidays. Snackable items in particular have been reduced by an average of 10%. Ocado Retail CEO, Hannah Gibson, said: ...

Online grocer Ocado has reported a return to profitability in its second quarter and expressed confidence in its full-year performance based on the first half of the financial year. During the 26 weeks to May 28, 2023, Ocado achieved group EBITDA of £16.6m, a significant improvement from the £13.6m loss recorded in the same period last year. Meanwhile, Ocado Retail experienced a loss of £2.5m ...

Retail technology provider Ocado has achieved a new milestone with its first Customer Fulfilment Centre (CFC) launch in Japan, as part of its partnership with retail giant Aeon. This will be a boost to Aeon’s online delivery operations. Technology-driven fulfilment centres The CFC functions as a robotic warehouse to improve efficiency in the product picking process. For instance, the centre...