Ocado losses almost triple as shoppers buy fewer items than in pandemic The company's losses went from £177 million in 2021 to £501 million last year Wales Online · Feb 28, 2023
A quarter of British shoppers struggle as grocery prices soar Households paying £811 a year more on grocery bills than 12 months ago, says research firm Kantar The Guardian - UK · Feb 28, 2023
Better than 50/50 chance government will extend energy bill support, says Martin Lewis – as it happened Money saving expert predicts government could decide not to lift average energy bills to £3,000 per year in April, after pressure The Guardian - UK · Feb 28, 2023
Ocado plunges £211m into the red as online customer orders dwindle Ocado shares have fallen 52% since the start of the year Evening Standard · Jul 21, 2022
Ocado boss quits after ‘extremely challenging’ tenure Smith has been CEO since 2019 when the company announced a joint venture with M&S Evening Standard · Jul 19, 2022
Food prices not the issue, says boss of UK's second most expensive supermarket Hikes in energy and fuel costs are the real problem in the cost of living crisis, says co-founder of online grocer Ocado Chronicle Live · Jun 7, 2022
Ocado investors rebel over £20m-a-year bonus plan for CEO Almost 30% also reject overall renumeration policy during AGM of online grocery specialist The Guardian - UK · May 4, 2022
Ocado boss says food price inflation not affecting online grocer as sales rise The company said sales could have been higher if there had not been driver shortages and a fire at a distribution centre. The Independent UK · Feb 8, 2022
Ocado develops robots to enable faster, cheaper deliveries Online grocery retailer develops robotic picking arm which could help with labour shortages The Guardian - UK · Jan 26, 2022