Ocado news

27 January 2022
In the live broadcast of Ocado Re:Imagined, Ocado unveiled seven new innovations that will underpin its Ocado Smart Platform (OSP). “Game-changing” technology Ocado needs to improve its product to retain and attract new partners. New deals will enable Ocado to increase investment and improve the proposition, creating a virtuous cycle. Since its launch, Ocado has 10 sites live across the glo...
14 December 2021
Ocado Retail has announced a decrease in revenue of (3.9)% to £547.8m in its fourth quarter, 13 weeks to 28 th  November 2021. Declining basket The value of the average basket fell (12)% year-on-year to £118. This year it’s easier to use stores, whilst many shoppers have returned to the office and spent less time at home. Ocado’s growth was also impacted by the UK labour market and a high n...
07 December 2021
The GB market declined 3.8% in the 12 weeks to 28 November against 2020’s performance, according to the latest results from Kantar. This time last year there were tighter restrictions in Scotland and Wales and England was in its second lockdown. Grocery inflation highest level since June 2020 There are various factors currently impacting the market. Shoppers are returning to offices and o...
01 December 2021
Swedish market leader ICA has launched its first automated warehouse in partnership with Ocado in Brunna, Stockholm. This follows an initial announcement in May 2018 that the two companies would partner, with ICA investing SEK 1.1bn (€107.3m) in the warehouse and technology. Online accounts for almost 5% of sales at ICA Sweden In 2020, ICA achieved e-commerce growth of 117% in 2020. During ...
12 October 2021
Kroger has outlined plans to expand its ecommerce fulfillment partnership with Ocado to five new sites, including market entry into the Northeast. This brings the total number of identified locations, including live and spoke sites, to 18. Kroger aiming to double digital sales These sites form part of Kroger’s plans to develop up to 20 CFCs as part of its strategic partnership with Ocado. T...
07 October 2021
Ocado Group has announced a new partnership with autonomous mobility startup Wayve to drive the development of an autonomous delivery solution in the last mile space. The partnership includes an autonomous delivery trial Wayve’s technology is able to adapt to “to new, unstructured, highly complex environments, without the need for pre-programming, human-designed rules, or high definition ...
22 July 2021
The GB grocery market declined by 5.1% on 2020 in the 12 weeks to July 11th, according to the latest results from Kantar as the whole period annualised against pandemic-elevated comparatives. Despite this impact and a less-than-expected boost from Euro 2020, sales remained £3bn higher than the same period of 2019, Limited boost from Euro 2020 With many shoppers taking advantage of newfound ...
20 July 2021
Ocado has suffered a fire at its Erith customer fulfilment centre (CFC) in south-east London this week.  Short term disruption Ocado said in a statement that the fire was caused by the collision of three robots at the CFC. The retailer announced there were no injuries and the damage was limited to a small section of less than 1% of the grid, due to the fire being successfully contained by O...
06 July 2021
Ocado Retail’s revenue grew by 19.8% in the first half (26 weeks ended 30 th May), whilst Group revenue (Retail, Solutions and logistics) was £1.3bn up 21.4%. Strong Retail performance even as restrictions ease Ocado announced its Retail business saw strong revenue growth despite the easing of COVID-19 restrictions and with annualisation against periods of lockdown last year. Ocado Reta...
24 June 2021
As Sobeys lapped last year’s strong fourth quarter performance, sales and profitability declined. However, it delivered a strong two-year stacked performance and remains on-track with its growth initiatives, including the acceleration of its ecommerce business. Q4 and FY key numbers Q4 sales declined 1.3% to $6.9bn, with same-store sales down 6.1% Q4 two-year stacked same store-sales ...