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Ocado

British online supermarket

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Ocado: British online supermarket
Ocado Group plc is a British business based in Hatfield, England, which licenses grocery technology. It also owns a 50% share in the UK grocery retail business Ocado.com. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

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Ocado-backed robotics start-up Karakuri on brink of collapse

ocado-backed robotics start-up karakuri on brink of collapse
A robotics start-up in which the online grocer Ocado is a sizeable shareholder is this weekend on the brink of collapse.
Sky News - Published

Thousands of jobs at risk as Ocado announces warehouse closure

thousands of jobs at risk as ocado announces warehouse closure
Thousands of jobs are at risk after Ocado announced plans to close its oldest distribution centre.
Sky News - Published

Ocado puts up prices as costs soar and warns Ukraine war adding to inflation worries

ocado puts up prices as costs soar and warns ukraine war adding to inflation worries
Ocado said it has "moved certain retail prices" to reflect soaring costs faced by the grocery industry across the UK and warned that the scale of food inflation this year is "difficult to predict".
Sky News - Published

Shares in Ocado tumble as losses triple and spending plans stepped up

shares in ocado tumble as losses triple and spending plans stepped up
Shares in Ocado have slumped after its annual losses more than tripled and it warned that a step-up investment would hit its bottom line over the coming year.
Sky News - Published

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