Retailers/Ocado/News

Ocado news

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 ...
09 November 2021
The GB market declined 1.9% in the 12 weeks to 1 November, versus 2020’s performance, according to the latest results from Kantar. Grocery spend remains significantly higher than in 2019, at +7.3%. We look at these results in more detail, including Tesco’s positive performance and the discounters’ market share gains. Large trips continue, as online sales stabilise Purchasing habits seem ...
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 ...
23 June 2021
The GB market declined 1.6% in the 12 weeks to 13 June, according to the latest results from Kantar. Market growth declines but sales remain elevated This period saw restrictions ease further and the continuation of the vaccine programme rollout. However, as there has not been a complete return to normality this has created a mixed set of results. Despite the market declining, sales remaine...
26 May 2021
The latest results from M&S show a challenging year for the business as a whole. The retailer reported a pre-tax loss of £201m in the 52 weeks ending 27 March 2021, down from a £67m profit in its previous financial year. The retailer was significantly impacted by the pandemic, with clothing suffering the most. Food fared better, and although operating profit was down, it did see positive like-for...