Ocado news

01 March 2022
The GB market declined 3.7% in the 12 weeks to 20 February against 2021’s performance, according to the latest results from Kantar. Despite the decline seen against 2021, sales remain significantly higher than in 2020, up by 8.4%. Inflation continues to rise Grocery inflation reached 4.3% in February. Other than the start of the pandemic, this is the fastest rate of inflation growth seen ...
22 February 2022
Ocado Group and Groupe Casino have signed a memorandum of understanding, enabling Ocado to work with other retail partners in France. End of exclusivity agreement Ocado Group first partnered with Groupe Casino in 2017. It was the first international retailer to go live with an Ocado Customer Fulfilment Centre (CFC). The extension of the agreement between Ocado and Groupe Casino will see ...
16 February 2022
Sobeys will open the fourth planned Customer Fulfillment Centre (CFC), as part of its strategic partnership with Ocado, in the Greater Vancouver Area. This is expected to become operational in 2025. Reaching 75% of Canadian households This site will be the final one to open in Canada as part of this partnership. Last year, the first CFC launched in Toronto, with the second site expected to ...
08 February 2022
Ocado Retail sales were up 4.6% in 2021 (52 weeks to 28 th  November) but the Group made a loss before tax of (£176.9)m. Ocado Retail: capacity increases offset a normalising basket Ocado Retail revenue increased by 4.6% to £2.3bn. An increase in customer numbers (up 22.4% to 832,000) and orders (up 11.9% to 357,000) offset a declining, normalising basket size of (5.8)% to £129. Although or...
07 February 2022
Kroger has opened a Customer Fulfillment Centre (CFC) in Groveland, Florida as part of its partnership with Ocado. This enables the retailer to offer a grocery delivery in a state where it does not operate any physical stores. Building out its Florida fulfilment network This is the second CFC to open as part of the partnership with Ocado, with a third site in Atlanta recently starting test ...
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...
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 ...