Ocado chief says he won’t be a ‘puppet master’ amid apparent succession row Tim Steiner speaks as shares in the online grocer slide nearly 15% on plunge in pre-tax profits to £17m The Guardian - UK · Jul 16
Ocado seeks new American investment after supermarket warehouse closures The London-listed retail technology firm said it has had ‘live engagement’ with potential partners in the US The Independent UK · Jul 16
Ocado in talks with potential new partners after warehouse closures The London-listed retail technology firm said it has had ‘live engagement’ with potential partners in the US. Evening Standard · Jul 16
Ocado investors hoping for positive signs amid reported leadership clash On Thursday July 16, the group will unveil its latest half-year results as it seeks to maintain recent growth. Evening Standard · Jul 10
Ocado co-founder to step down as chief executive in 2028 Online grocer says Tim Steiner will remain as CEO until December 2027 before taking on ‘founder role’ for a further year The Guardian - UK · Jul 6
Ocado boss to stay in top job until end of 2027 as succession plans revealed Co-founder and chief executive Tim Steiner will remain in post until December next year as it hunts for his successor. Evening Standard · Jul 6
Ocado boss Tim Steiner’s near £100m in pay raises ‘serious concerns’ Reports claim replacement being lined up for co-founder amid concern over high pay and company’s struggling share price The Guardian - UK · Jun 28
Pound holds firm as Starmer confirms he will stand down The FTSE 100 closed up 74.58 points, or 0.7%, at 10,437.85. Evening Standard · Jun 22
Ocado ‘regularly engaging with potential candidates’ to succeed boss It comes after reports the firm was preparing to appoint a successor to Tim Steiner, one of the founders of the business in 2000. Evening Standard · Jun 22
Ocado failing to deliver on its potential as one of UK’s great technology hopes Firm’s automated warehouses are struggling to compete against swift deliveries from stores by bike riders The Guardian - UK · Feb 26
Ocado to axe 1,000 jobs amid £150 million cost-cutting overhaul The group confirmed around 5 per cent of its global workforce is being cut Evening Standard · Feb 26
Ocado’s share price is back where it started. Are its robots just too fancy? Delivery company struggling to convince US chain Kroger, its most important customer, of the virtues of automation The Guardian - UK · Nov 18, 2025
Ocado to cut 500 technology and finance jobs as AI reduces costs Online grocery specialist takes advantage of tools that helped improve productivity of engineering team The Guardian - UK · Feb 27, 2025
Ocado shares crash amid further job cut plans and disappointing outlook for 2025 Shares were down as much as 18 per cent in morning trading after their announcement The Independent UK · Feb 27, 2025
Evening Standard · Feb 27, 2025 Ocado reveals further job cut plans as losses narrow The group said the jobs would largely go in its research and development teams as it scales back investment in that area.
The Guardian - UK · Jul 16, 2024 Ocado shares jump as it narrows losses and boosts technology business Revenues from tech arm, which sells robots to retailers, climbed by nearly 22% in six months to June
The Guardian - UK · Jun 20, 2024 The future is delayed at Ocado (again) As shares drop by 12%, the ‘permanent shift to online grocery shopping’ its boss predicted during Covid looks absurd
Evening Standard · Jun 5, 2024 Ocado on the brink of relegation from the FTSE 100 after long run lower for its shares Stocks in the online grocery retailer and cutting edge e-commerce tech firm peaked during the pandemic
The Guardian - UK · Jun 2, 2024 Ocado faces FTSE 100 relegation after failing to deliver on pandemic promise Its shares soared as Covid seemed to be changing shopping habits for ever. But they have fallen 50% this year
The Guardian - UK · Apr 29, 2024 Ocado pay backlash looms as firm moves to offer boss £14.8m package Investors urged to vote against online grocer’s remuneration for CEO Tim Steiner at upcoming AGM
The Guardian - UK · Feb 29, 2024 Ocado ‘could sue’ M&S in dispute over £190m final payment Marks & Spencer, which owns 50% of online grocer, is withholding part of the sum, saying targets were missed
The Guardian - UK · Jun 22, 2023 True believers in Ocado should not be tempted by Amazon The speculated bid price of £8 today should not excite those who think a return to £28 is conceivable
The Independent UK · Apr 25, 2023 2,300 staff affected by Ocado plan to shut warehouse The online grocer will close the site in Hatfield, Hertfordshire, which accounts for about a fifth of its customer orders each week, later this year
The Independent UK · Apr 25, 2023 2,300 staff affected by Ocado plan to shut oldest warehouse The online grocer will close the site in Hatfield, Hertfordshire, which accounts for about a fifth of its customer orders each week, later this year.
The Guardian - UK · Feb 28, 2023 The long term seems to be getting longer for online grocer Ocado International adventures will be the crucial contributor but the UK operation is not irrelevant to the wider story