Ocado slashes prices on further 200 items
Ocado has kicked off its Back to School price cuts, with a further 200 items reduced in its Big Price Drop. Products included in the online grocer’s drop particularly focus on a variety of helpful...
View ArticleOcado sales grow as price cuts pay off
Ocado sales jumped 7.2% in its third quarter as the online grocer returned to volume growth last month after the launch of its big price cut campaign. The online grocer had been under pressure to...
View ArticleOcado Retail CEO expects further price cuts as it focuses on value
Ocado Retail CEO Hannah Gibson “expects further (price cuts) to come” following recent reductions under the retailer’s Big Price Drop campaign. The executive explained the business was continuing to...
View ArticleOcado slashes prices on over 500 products
Ocado has dropped the prices on over 500 items, including autumn and winter favourites, as part of its ‘Big Price Drop’ initiative. Products in the latest round of cuts include fresh, ambient and...
View ArticleOcado to double warehouse robot arms
Ocado will double the number of robotic arms in its warehouses as it aims to boost the speed of packing grocery orders. Hannah Gibson, chief executive of Ocado Retail, said that the number of robots...
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Best of 2023: The 13 new female CEOs leading UK retailers
The number of women hired as chief executives of UK retailers rose to a record high last year. Thirteen female leaders were hired to the top job of UK retailers in 2022, which equates to 31% of the 42...
View ArticleOcado kick-starts new year with 1,700 price cuts
Ocado has launched price cuts on more than 1,700 products under its Big Price Drop, with an average reduction of 5% across the range. The move makes it the fifth round of price cuts for the retailer...
View ArticleOcado Retail returns to positive full-year earnings after record Christmas
Ocado Retail said it would return to positive EBITDA in its full year after a bumper Christmas. Sales jumped 10.9% in its fourth quarter to 26 November at the joint venture between the online...
View ArticleOcado sales surge as it wins more customers
Ocado first quarter sales have surged 10.6% thanks to an uptick in customer numbers as it continues its investment into strengthening its product offering. The online grocer’s revenue jumped to £645.3m...
View ArticleOcado Retail boss insists it is ‘absolutely aligned’ with M&S as payment...
Ocado Retail CEO Hannah Gibson has insisted that Ocado Group and M&S are “absolutely aligned,” despite the wrangling over the latter’s withheld final payment for the joint venture. Gibson confirmed...
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