Ocado Grocery Arm Posts Upbeat Sales Thanks to Discounts and …

16 hours ago · Ocado Group Plc’s online grocery arm recorded better-than-expected sales in the fourth quarter, after luring more customers through deals and discounts. Sales at the joint …

6%
OFF

UK's Ocado Retail Sales Growth Accelerates On Customer Wins

2 weeks from now

17 hours ago · Industry data published last week showed Ocado's sales rose 9.6% over the 12 weeks to Dec. 29, giving it a market share of 1.8%, up 10 basis points on the year.

reuters.com

8%
OFF

Ocado Cheers Sales Growth After Enticing More Shoppers With …

2 weeks from now

16 hours ago · Ocado is the UK’s 10th largest supermarket, with a 1.8% share of the grocery market, according to the latest review by analysts Kantar. Tesco is the country’s largest, with a …

independent.co.uk

6%
OFF

Ocado Retail Sales Jump As Price Cuts Lure Back Customers - MSN

2 weeks from now

Ocado Retail has notched up sales growth of 10.6% as it won back more customers thanks to price cuts and efforts to boost ranges. The online grocer – which is run as a joint venture with …

msn.com

5%
OFF

Ocado Sales Rise As Price Cuts Win Back Shoppers

2 weeks from now

Sep 19, 2023 · Ocado sales rise as price cuts win back shoppers The online grocer posted a return to sales by volume in the last month of the quarter, and revealed a 1.5% year-on-year …

independent.co.uk

£547
OFF

Staff Shortages Hit Ocado Sales But It Cheers Victory Over Robot ...

2 weeks from now

Dec 14, 2021 · Ocado's grocery arm, a joint venture with M&S, reported a 3.9 per cent decline in revenues to £547.8million in the 14 weeks to the end of November compared to the same …

thisismoney.co.uk

5%
OFF

Ocado Retail Sees Third-Quarter Revenue Up 15.5%

2 weeks from now

Sep 19, 2024 · Ocado Retail, which is a joint venture between Ocado Group and Marks & Spencer, has reported a 15.5% increase in retail revenue in the third quarter of its financial year.

esmmagazine.com

20%
OFF

Ocado Sales Jump 20% As It Fights Off Competition From Rapid …

2 weeks from now

Jul 6, 2021 · Despite this, Ocado once again failed to turn a profit, reporting a loss before tax of £23.6 million, though this did fall significantly from £40.6 million a year earlier. This was in part …

chargedretail.co.uk

£2
OFF

Ocado Sees ‘clear Pathway’ To Returning Retail Arm To Profit

2 weeks from now

The group’s retail arm, run as a joint venture with Marks & Spencer, posted underlying losses of £2.5m overall in the six months to May 28, though Ocado said it delivered underlying earnings …

yorkshirepost.co.uk

69%
OFF

Ocado’s Annual Earnings Rise By 69% After Demand For Online …

2 weeks from now

Feb 9, 2021 · Ocado pledged to invest an extra £30m in technology to meet the surging demand during the pandemic and said it is hiring another 600 staff in its IT division, after taking on 500 …

independent.co.uk

FAQs about Ocado Grocery Arm Posts Upbeat Sales Thanks to Discounts and … Coupon?

How has Ocado retail boosted sales?

Ocado Retail has notched up sales growth of 10.6% as it won back more customers thanks to price cuts and efforts to boost ranges. The online grocer – which is run as a joint venture with Marks & Spencer – posted retail sales of £645.3 million in the 13 weeks to March 2. ...

Does Ocado have a growth rate?

Online grocer Ocado has reported a pick-up in retail sales growth as it tempts back shoppers amid a turnaround and moves to cut prices. The group posted a 7.2% rise in sales to £569.6 million at its retail business, which is run as a joint venture with Marks & Spencer, over the three months to August 27, up from 5% growth in the first half. ...

How many customers does Ocado have?

It had some 1.1 million active customers over the latest year, with the average value of each person’s shopping basket edging up to about £122, Ocado said. Ocado is the UK’s 10th largest supermarket, with a 1.8% share of the grocery market, according to the latest review by analysts Kantar. ...

Is Ocado the UK's fastest growing grocer?

British online supermarket Ocado Retail reported faster sales growth in its fourth quarter as more competitive pricing helped it win customers from rivals, underlining its position as the country's fastest growing grocer. ...

How did Ocado perform in the first quarter?

The online grocer – which is run as a joint venture with Marks & Spencer – posted retail sales of £645.3 million in the 13 weeks to March 2. Stripping out price growth, sales by volume lifted by 8.1% in the group’s first quarter. Ocado said its active customer base rose 6.4% to 1.02 million as it “stepped up our efforts”. ...

Does Ocado have a smart platform?

Ocado has also ramped up investment in its automated customer fulfilment centres (CFCs) and accompanying robotic technology, including its Smart Platform technology which is yet to see a significant increase in revenues. ...