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Ocado bosses £100m bonus plan approved despite opposition from 30% of shareholders

May 5, 2022

Ocado bosses have approved a £100m bonus plan despite facing opposition from almost a third of shareholders at the grocery tech giant‘s AGM yesterday. The controversial incentive scheme – known…

Ocado shares push upwards despite 4% sales dip

Finance Innovation Supermarkets

Automated Warehouse Automation Balance Sheet Basket size Erith grocery innovation Ocado sales Sales growth Supermarkets Tim Steiner

December 14, 2021

Benedict Smith

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Ocado Retail has blamed the end of lockdown and labour shortages as Q4 sales dipped almost 4% since last year. The company, a joint venture between Ocado and Marks &…

Roboshop: Is Ocado the future of supermarkets?

November 26, 2021

Benedict Smith

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It’s late November and supermarkets are gearing up for Christmas with a festive recruitment drive. Collectively, Britain’s three biggest grocers – Tesco, Sainsbury’s and Asda – are hiring over 12,000…

Ocado ‘stealing from the poor & giving to the rich’, say riders

Supermarkets

Ahmad Fahim Alex Marshall IWGB Minimum Wage Ocado Ocado Zoom Protest Rupa Huq Ryde Tim Steiner

October 1, 2021

Benedict Smith

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Ocado couriers have said they are “not just for lockdown” in a protest against job losses and pay cuts. It comes despite the retailer’s plan to ditch a controversial sub-contractor…

Ocado expands property lease with Origin

Ocado shares hit lowest point since May 2020

Finance Supermarkets

Ocado Share price Tim Steiner

September 20, 2021

Benedict Smith

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A turbulent year has seen Ocado’s share price slump by 43 per cent since January, falling to 1688.5p when markets opened this morning. The online supermarket’s stock is now at…

Ocado pledges to stop robots burning down warehouses

Finance Innovation Supermarkets

Andover Automated Warehouse Erith Ocado Tim Steiner

September 15, 2021

Benedict Smith

2

Fires that ravaged Ocado warehouses and cost the retailer tens of millions are supposedly at an end thanks to new grocery-packing robots. Talking to The Telegraph, chief executive Tim Steiner…

Ocado to spend £5m on pay rises and bonuses for HGV drivers due to shortages

Supermarkets

COVID 19 Drivers grocery HGV HGV drivers Ocado online supermarket Tim Steiner

September 14, 2021

Jasdip Sensi

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Ocado is to spend up to £5 million extra this year in pay rises, recruitment and signing-on bonuses for HGV drivers. The online grocer said the shortage, caused by Brexit…

Gopuff bolsters European presence with Dija acquisition

Finance Innovation

Alberto Menolascina Daniel Folkman Dija Fancy Gopuff Ocado Tim Steiner

August 12, 2021

Benedict Smith

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US delivery giant Gopuff is set to take over grocery startup Dija in a bid to “create a leading platform across Europe”. It marks the second acquisition of a UK…

Ocado expected to post retail sales slowdown after restrictions ease

Ocado bows to staff pressure to allow working from abroad

Innovation Supermarkets

Alcampo Claire Ainscough Kroger Ocado Tim Steiner

August 9, 2021

Benedict Smith

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Ocado employees have been told they can work internationally for a month per year in a bid to provide “choice” in the post-pandemic workplace. The £13.5 billion online grocer made…

Ocado hit by £23m loss as retail growth stalls

Finance

FTSE 100 Ocado Sales growth Tim Steiner

July 6, 2021

Benedict Smith

No Comments

Online grocer Ocado has continued its long streak of losses after revealing retail sales growth had plummeted since February. Retail revenue grew by 19.8 per cent in the six months…

Tim Steiner

Ocado bosses £100m bonus plan approved despite opposition from 30% of shareholders

Ocado shares push upwards despite 4% sales dip

Roboshop: Is Ocado the future of supermarkets?

Ocado ‘stealing from the poor & giving to the rich’, say riders

Ocado pledges to stop robots burning down warehouses

Ocado to spend £5m on pay rises and bonuses for HGV drivers due to shortages

Gopuff bolsters European presence with Dija acquisition

Ocado bows to staff pressure to allow working from abroad

Ocado hit by £23m loss as retail growth stalls

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