Ocado news

30 January 2014
Sales at organic veg box retailer Abel & Cole were up 24% in the eight months to 27 April 2013. The company also attracted new shoppers and grew loyalty among its existing customer base. Growing customers and order size Sales for the eight month period reached £38m. Operating profit for the retailer before exceptional items was £1.4m for the shorter period, compared with £3.7m in the 52 weeks t...
16 January 2014
Ocado reported that gross sales for the 16 weeks to 1 December rose 20.1% to £271.0 million. For the seven weeks leading up to Christmas the retailer saw a 29% jump in sales. Consumer online and convenience trends driving growth During the six trading weeks to 6 January Ocado reported sales up 21.3% to £111.1 million, which it said reflected extra capacity and strong trading in the se...
02 January 2014
As retailers prepare to report on their Christmas trading we round up the release dates for their Christmas trading statements. Wed 8 January - Sainsbury's , Waitrose Thurs 9 January - Tesco , M&S Thurs 16 January - Ocado Mon 20 January - Morrisons Watch out for coverage of each retailer's results on the day on Retail Analysis and our upcoming Christmas results ...
28 November 2013
Retail is changing. It is more fluid and shopping often starts in the kitchen, through an app. Journeys are no longer predictive. They are increasingly iterative and retailers work hard to offer a seamless experience. As boundaries blur, apps are becoming a key weapon in the elusive search for loyalty. Grocery apps do not just allow for one-to-one communication with shoppers, they exist to mak...
12 September 2013
Ocado has reported a gross sales increase of 16.7%, for the 12 weeks to 11 August 2013, up from the 14.4% that was reported in Q2. Sales momentum builds Today's results confirm that Ocado is continuing to build sales momentum in 2013. Gross sales hit £189.2m for the period, while average orders per week have increased 15.3% year-on-year to reach 138,889. Basket size continued to edge up, gro...
02 July 2013
Ocado has reported gross sales of £382.7m for the first half of 2013, growth of 15.2%. The increased growth reflects ongoing new customer sales. In addition, improvements to the range and customer service metrics remain key drivers of online grocery shopping. Customer numbers and average basket growing Ocado grew both customer numbers and average basket over the first half of the year, with ...
17 May 2013
Morrisons and Ocado have today announced an agreement that will enable Morrisons to move into the online grocery market by January 2014. An important step forward for both parties The deal should bring new growth for both retailers, and helps answer the question that Morrisons has been considering for some time; namely whether and how to take its offer online . Deliveries will be made f...
25 March 2013
Waitrose has announced the appointment of Tony Rivenell to the new role of head of omnichannel delivery. He will join the grocer in June. Developing cross channel strategy Commenting on his appointment, Robin Phillips, Waitrose ecommerce director said “I'm delighted that Tony will be joining the Waitrose ecommerce team as head of omnichannel delivery. Tony will be responsible for leading t...
14 March 2013
Ocado has reported a gross sales increase of 14.4% for the 12 weeks to 24 February 2013. In more significant news, it has announced it is in discussions with Morrisons to license certain parts of its technology and operating knowledge for the purpose of Morrisons commencing online operations. Sales momentum continues into 2013 Ocado updated on Christmas trading mid-January and today's int...
26 February 2013
Ocado's second Customer Fulfilment Centre (CFC2) has started delivering orders to customers, marking a potentially pivotal moment in the retailer's trading history. Second warehouse could double capacity in time The go-live, on schedule, of the group's second major automated warehouse sees the retailer significantly increase its capacity to deliver orders in the medium term. Management ha...