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Ocado delivers record sales – but still manages to make a £44m loss after investing in technology By Tom Witherow For The Daily Mail Published: 23:15 GMT, 9 February 2021 | Updated: 23:15 GMT, 9 February 2021 Ocado posted sales of more than £2billion for the first time despite losing customers in the pandemic. Revenues … Read more
Remain-backing Ocado chairman warns that extra Brexit costs will be passed on to customers and Britain will see ‘short-term’ food shortages due to new customs rules Lord Rose, chairman of Ocado, said customs rules to see ‘some’ food shortages He claimed difficulties of Brexit-related customs rules to be felt by consumers Comments come as Twitter … 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 was under such high demand that the retailer had to temporarily limit access, while there were nearly 15,000 people queuing on the Ocado website and others were reporting problems … 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
Mother, 42, is left disgusted after Ocado delivered three carrier bags of URINE with shopping she bought for her birthday party Michelle Leonard, 42, threw all the food away after it was delivered to Islington Her son Alfie, 19, found the carrier bags of urine mixed in with £57 food shop Ocado has apologised, sent … Read more
Up, up and away! BA, easyJet and Rolls Royce shares SOAR while Ocado and Just Eat’s drop as Pfizer vaccine gives hope of a return to normality by 2021 Struggling travel firms British Airways and easyJet’s values rose after the reveal Vaccine announcement also saw share price in Rolls Royce accelerate But delivery firms like … 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