Ocado: latest retail news, insights and analysis | ESM Magazine

Ocado Retail Keeps Profit Guidance After Quarterly Sales Rise

British online supermarket Ocado Retail kept its financial guidance for the full year as it reported a 3.4% rise in first quarter revenue, driven by more c...

Ocado Retail Reports 'Strong Momentum' Going Into New Year

Online retailer Ocado Retail has reported an increase in fourth quarter sales, as well as a 'record' Christmas period that provides 'strong momentum' as it...

Rohlik Group Appoints Vineta Bajaj As Chief Financial Officer

Online grocery retailer Rohlik Group has announced the appointment of Vineta Bajaj as its chief financial officer, effective 9 January 2023.

Retailers Turn To Robots In Cost Inflation Fight

The march of the robots can be seen in fashion stores and food shops globally as an industry that employs millions grapples with the cost of risi...

Ocado Partners With Lotte Shopping In South Korea

Online supermarket and technology group Ocado has announced a partnership with South Korean retailer Lotte Shopping, which will see the Ocado Smart Platfor...

Ocado Retail Cuts Outlook As UK Shoppers Tighten Belts

British online supermarket Ocado Retail has downgraded its full-year outlook, saying customers are trying to navigate the cost of living crisis by buying f...

Moody's Downgrades Ocado Group, Citing 'Prolonged Underperformance'

Moody's Investors Service has downgraded online grocery operator Ocado Group from a B2 to a B3 rating, reflecting what it said was the 'prolonged operating...

Ocado Maintains Full-Year Guidance After First-Half Loss

Ocado Group has maintained its full-year outlook as it dipped to a first-half loss, driven by a fall in sales at its retail joint venture with Marks &...