Ocado news

28 November 2017
Ocado has announced that France's Groupe Casino has agreed to use Ocado's Smart Platform. New CFC to serve Greater Paris, Normandie, and Hauts de France regions Ocado and Casino plan to open a customer fulfilment centre (CFC), equiped with Ocado's robotics and picking software to serve the Greater Paris Paris, Normandie and Hauts de France regions. Similar to the UK, the CFC will stock arou...
19 September 2017
For the quarter to 27 th August, revenue was up 13.1% to £312.7m compared to £312.7m in the same quarter last year. Customers ordering more frequently Average orders per week rose by 16% to 254,000. This represents the growing online channel, as more UK shoppers go online for their groceries. Ocado shoppers are shopping more often but favouring smaller basket sizes, with the average cus...
30 August 2017
Ocado is the first UK supermarket to launch an app or ‘skill’ as Amazon calls it, for Amazon Alexa devices. Using the Ocado skill Using the Ocado skill, shoppers will be able to add items to an existing basket, find out which products are in season and get inspiration for how best to use them in recipes, check if a product is already in their basket, and track an order. The skill does not e...
05 July 2017
Ocado reports increased sales and order volumes in H1, despite profit challenge due to investment in new Andover CFC. Growth in customer numbers, orders, and revenues Ocado’s retail revenue was up 12.5% to £659.6m, delivering more market share in the growing online channel, which we forecast to be worth £16bn by 2022 . Order volumes grew by 15.6% to an average of 260,000 orders per week,...
29 June 2017
Ocado has launched the UK's first autonomous grocery delivery trial in Greenwich, London. Partnering with the GATEway Project Ocado Technology has partnered with the GATEway Project (Greenwich Automated Transport Environment) for the UK's first driverless grocery delivery trial. The trial involved delivering free groceries using an electric self-driving van called CargoPod, to residents in ...
15 June 2017
Ocado reported strong growth in recent results and is now looking to raise £350m for expansion by launching bonds and extending its credit facility. Profit and sales growth Ocado reported profit and sales growth for the 22 weeks to April 30. Retail sales increased by 25% to £600.4m. Pre-tax profit during the period increased by 46% to £6.7m. This period had an extra two weeks compared to th...
04 June 2017
Ocado has announce that on 3 rd June 2017 it signed an agreement with a regional European retailer to use Ocado Smart Platform (OSP).   The retailer wishes to remain anonymous until it launches its online business in order to retain competitive advantage.  Ocado will provide this partner with its full software platform, know-how and support services required to create an efficient and inte...
03 May 2017
Kantar Worldpanel's latest market share release, for the 12 weeks to 23 April, shows that GB grocery accelerated to +3.7% in the period, the fastest rate of growth seen since September 2013.  As well as benefiting from buoyant Easter spending, value growth in the market was boosted significantly by the further rise of inflation, which stepped up to 2.6% over the 12 weeks.   ...
06 April 2017
Ocado has launched a competition that gives small suppliers the opportunity to be listed and receive a £20,000 marketing package to promote their product. Support for small business Now in its third year,  the competition will see entrants pitch their product to Ocado buyers. Ocado stated that previous winner, Hiver Beer has moved from a small scale start-up to a successful business and Hiv...
14 March 2017
In its first quarter update, Ocado has announced that sales have increased by 13.1%. Strong order growth The sales growth is in line with the previous quarter and driven by orders growth of 16.7%. Ocado is now delivering 252,000 orders each week versus 216,000 last year. The order growth is a result of new shoppers using the service and more customers using the Ocado 'Smart Pass' to shop mo...