Supermarket websites have been feeling the strain as customers race to book delivery slots after England was plunged into its third national lockdown. The Sainsbury’s app crashed while there were nearly 15,000 people queuing on the Ocado website and others were reporting problems paying on the Tesco app. It follows chaos before the first lockdown … Read more
Supermarket websites have been feeling the strain as customers race to book delivery slots after England was plunged into its third national lockdown. The Sainsbury’s app crashed while there were nearly 15,000 people queuing on the Ocado website and others were reporting problems paying on the Tesco app. It follows chaos before the first lockdown … Read more
Ocado hikes profit forecast again after record online grocery purchases during the pandemic Ocado’s retail revenues shot up by almost £150m to £579.6m during the quarter Its anticipated EBITDA for the 2020 financial year is now predicted to be £70m Market research agency Kantar estimates sales could reach £12bn this month By Harry Wise For … Read more
News of a potential vaccine to stop dead the rampage of coronavirus sparked a huge FTSE 100 market boost today – but halted delivery firms’ rise in their tracks. The out-of-the-blue announcement by Pfizer and Biontech saw a surge in share price value in British firms left devastated by the ravages of the Covid-19 restrictions. Struggling … Read more
Ocado soars as second lockdown boosts demand for deliveries: Profits forecast jumps 50% to £60m By Daily Mail City & Finance Reporter Published: 21:52 GMT, 2 November 2020 | Updated: 21:52 GMT, 2 November 2020 Ocado expects profits to hit £60m this year Ocado’s shares soared as the second wave of coronavirus boosted demand for … Read more
Marks & Spencer set to reveal first signs of boost from its Ocado tie-up after major collapse in clothing sales By Alex Lawson, Financial Mail On Sunday Published: 21:51 GMT, 31 October 2020 | Updated: 21:51 GMT, 31 October 2020 Marks & Spencer is set to reveal the first signs of a boost from its … Read more
Bedlam. Shortly after 10pm on Thursday, I wandered outside after a business dinner in Central London and tried to get home. The streets were packed with people and cars. No one was going anywhere fast. The buses were full. The nearest Underground station was backed up with a long queue. Everywhere pedestrians were packed together … Read more
Bedlam. Shortly after 10pm on Thursday, I wandered outside after a business dinner in Central London and tried to get home. The streets were packed with people and cars. No one was going anywhere fast. The buses were full. The nearest Underground station was backed up with a long queue. Everywhere pedestrians were packed together … Read more
Waitrose claims early victory against Ocado in race to woo middle class shoppers By Daily Mail City & Finance Reporter Published: 21:51 BST, 4 October 2020 | Updated: 21:51 BST, 4 October 2020 Waitrose has claimed an early victory against Ocado in the race to woo middle class shoppers. Weekly orders have risen by 20 … Read more
Ocado being sued by Norweigian firm AutoStore over alleged patent infringement with its warehouse robots – but online supermarket says it’s yet to receive any court papers Ocado says it has ‘not received any papers in relation to these claims’ to date Online supermarket become bigger than Tesco on the stock market this week Ocado’s … Read more