Retailers/Ocado/News

Ocado news

20 September 2023
Ocado's Q3 sales increased by 7.2% to £569.6m thanks to the Big Price Drop campaign. They cut prices on 500+ items, boosting weekly orders by 1.9% to 381,000. In the last month of the quarter, they saw positive volume growth and a 4.2% increase in average basket value. "Perfect deliveries" remained high as part of their Perfect Execution Programme. Despite an 8.4% rise in average selling price...
23 August 2023
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: ...
18 July 2023
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 ...
11 July 2023
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...
29 June 2023
Following a number of price drops from UK supermarkets over the past few months Ocado are the latest to be slashing the price of a selection of branded, own-label, and M&S everyday essential items. The changes see over 100 products affected with some products across cheese, butter and bread cut by up to 25%. The changes come in addition to their price promise which compares prices against 10,0...
23 June 2023
We look at Sobeys’ fourth quarter performance and consider what’s next for the business as it completes its six-year turnaround plan. Q4 and FY key numbers Q4 sales decreased 5.5% to $7,408.4m, reflecting a 13-week period this year, versus a 14-week period in 2022 Q4 same-store sales (ex-fuel) increased by 2.6%, significantly below food inflation Grocery ecommerce sales fell 13.5% in ...
20 June 2023
Sobeys has launched its third Customer Fulfilment Centre (CFC) for grocery ecommerce in partnership with Ocado. The site in Calgary, Alberta, joins existing facilities in Toronto and Montreal. Building on the success of first two facilities The 290,000 sq ft CFC is delivering almost 20,000 products from the retailer's Safeway, Sobeys, and Chalo! FreshCo formats in the region. The retailer wil...
26 April 2023
Ocado Group and M&S have announced changes to its operational setup including ending operations at its Hatfield customer fulfilment centre (CFC) which was to date the oldest site in its network. The Hatfield site was opened in 2002 and was a test bed for Ocado’s operating model which is now used globally. However, it is now felt that recent technological innovations in its newer sites mean the...
21 April 2023
Our global analysts share some of the latest headlines across the globe. Here's what you need to know. From Europe In Austria, Costa has launched its first store and can be found in Austria’s airport. The launch means Costa is now present in 41 countries Billa opens in Austria airport, the main purpose is to offer great local products for tourist and for returning residents easy to sh...
18 April 2023
Japanese retail giant Aeon will launch a new online grocery delivery service, Green Beans, in the summer of 2023. The service offers an improved online shopping experience, aided by AI and robotics capabilities from technology partner Ocado. Wide range of online products The Green Beans delivery service will offer a broad range of 50,000 products, including fresh food products and daily nec...