Ocado news

20 October 2020
Ocado announced the acquisition of a minority stake in robotics startup Myrmex, and is due to take a seat on its board. Materials handling robotics Fremont, California-based Myrmex is a materials handling robotics start-up with a unique offering including autonomous mobile robots and intelligent asset handling systems. The startup’s set of solutions notably enables click-and-collect deliver...
14 October 2020
In the 12 weeks ending 4th October market growth was +9.4%, according to Kantar, the first time we have seen it drop from double digits since April. In this article we explore the growth in more detail, leading retailers' performance, and highlight key pieces of content you may have missed in September and October. Changing restrictions once again impact behaviour Despite the overall drop f...
29 September 2020
Following an announcement earlier this summer, Kroger and Ocado have confirmed Romulus, MI as the location for a Customer Fulfillment Centre (CFC). Supporting customers in Michigan, Northern Ohio, and Indiana In June, Kroger announced that it would open new facilities in the Great Lakes, Pacific Northwest and West regions as part of its strategic partnership with Ocado. Confirming Romulus a...
15 September 2020
Market growth once again slowed in this reporting period as shoppers continued to return to their pre-Covid behaviours, and many stopped shielding. In the 12 weeks ending 6th September take home grocery sales grew by 10.8%, according to Kantar. This was the fifth month to see double digit growth, however was a slowdown compared to the 14.4% growth seen in the previous reporting period. We l...
15 September 2020
Ocado's retail revenue grew by 52% in Q3, for the 13 weeks to 30 th August 2020. Driven by average order size In Q3, retail sales grew faster in comparison to Q2 due to demand remaining high versus a “seasonally soft” quarter in Q3 2019. The increase in revenue has been driven by an average order size of £141, up over 30% YoY. Whilst average order size continues to normalise from COVID-...
02 September 2020
M&S products have now exclusively launched on Ocado.com. We take a look at some onsite execution, including M&S shop-in-shop, Fresh Picks, and Dine in for Two. Full M&S food range The partnership with Ocado sees the first time the entire M&S food range has been available to buy online. The range includes 6,000 M&S food products and 800 M&S everyday clothing and home lines. Ocado’s full rang...
27 August 2020
Ocado has increased its stake in the UK vertical farm business, Jones Food Company, according to a report from The Telegraph. Meanwhile, Ocado’s CFO, Duncan Tatton-Brown is set to step down after eight years in the role.    Vertical farm investment   According to the report, Ocado has increased its share in Jones Food Company, which currently operates a vertical farm in Scunthorpe, to 7...
20 August 2020
Aeon has confirmed the site for the first Ocado Customer Fulfilment Centre in Japan. It will serve customers in Chiba province and the Tokyo Metropolitan Area. A first step to go live in 2023 The first Customer Fulfilment Centre (CFC) will be located in Honda-cho, Midori-ku, Chiba-city. The CFC can hold a large range of approximately 50,000 products. It operates 24 hours, with picking opera...
18 August 2020
In the 12 weeks ending 9th August take home grocery sales grew by 14.4%, according to Kantar. This was a slight slowdown compared to the 16.9% growth of the previous reporting period. Growth slowed as restrictions eased further and shoppers began to return to their normal habits, with average spend declining and frequency of visit increasing. We look at the results in more detail and the lates...
21 July 2020
Take home grocery sales continue to rise, with 16.9% growth in the 12-week period up to 12th July, according to Kantar. This was the fastest growth on record since 1994, showing what a significant impact the pandemic is having on shoppers' behaviour. The 12 weeks include sales after the initial phase of strict lockdown in April, capturing the three months following this of eased restrictions for ...