Ocado forced to cancel some orders amid strong uptake of M&S food
1st Sep 2020 11:36
(Sharecast News) - Ocado blamed a surge in demand for their new service for the "very small number" of order cancellations on Tuesday.
Read moreMonday broker round-up
24th Aug 2020 10:57
(Sharecast News) - Dechra Pharmaceuticals: Liberum initiates at sell with a target price of 2,740p.
Read moreAmazon blows past Q2 forecasts, raises guidance
31st Jul 2020 11:03
(Sharecast News) - Amazon blew past forecasts for second quarter trading - not least its own - as the Covid-19 pandemic drove people around the world in streams onto its digital retail services platform.
Read moreAmazon plans expansion of UK delivery service
28th Jul 2020 09:51
(Sharecast News) - Amazon is planning a wider UK rollout of its online grocery service by the end of 2020 as it tries to take advantage of consumers' needs during the pandemic.
Read moreUK grocery sales continue to grow at record rate
21st Jul 2020 11:03
(Sharecast News) - British grocery sales recorded the fastest rate of growth on record in the last three months to top £31bn, industry data showed on Tuesday.
Read moreWednesday broker round-up
15th Jul 2020 12:24
(Sharecast News) - Royal Dutch Shell: JP Morgan downgrades to neutral with a target price of 1,700.0p.
Read moreLockdown grocery revenues boost Ocado first half
14th Jul 2020 06:54
(Sharecast News) - Online grocer Ocado reported a rise in half-year revenue as Britons turned to home deliveries during the coronavirus lockdown with expectations that this trend would continue.
Read moreFriday broker round-up
10th Jul 2020 13:26
(Sharecast News) - Ocado: Berenberg reiterates buy with a target price of 2,225.0p.
Read moreInternet shoppers could face green delivery charge - report
29th Jun 2020 09:39
(Sharecast News) - The government is considering slapping a compulsory delivery charge on internet shoppers as part of an effort to cut traffic congestion and toxic emissions, according to a report.
Read moreOnline grocery sales surge as lockdown keeps shoppers at home
23rd Jun 2020 11:31
(Sharecast News) - Online grocery sales surged in the last month, industry research showed on Tuesday, as the Covid-19 pandemic and subsequent lockdown shook up traditional shopping habits.
Read moreOcado completes £1bn raising to fund cash in on online boom
11th Jun 2020 07:02
(Sharecast News) - Online retailer Ocado on Thursday said it had successfully raised just over £1bn to exploit the rapid change in internet grocery shopping habits sparked by the coronavirus crisis.
Read moreOcado seeks £1bn to exploit online grocery boom sparked by Covid-19
11th Jun 2020 00:45
(Sharecast News) - Online retailer Ocado said it was raising £1bn as it sought to exploit the rapid change in internet grocery shopping habits sparked by the coronavirus crisis.
Read moreFriday broker round-up
29th May 2020 13:18
(Sharecast News) - Admiral Group: Barclays downgrades to equal weight with a target price of 2,304p.
Read moreGrocery sales jump at record pace
27th May 2020 08:46
(Sharecast News) - Grocery sales jumped 14.3% - the fastest pace on record - in the 12 weeks to mid-May as households stocked up during the Covid-19 crisis and let their hair down on the VE Day bank holiday.
Read moreAldi UK teams up with Deliveroo for home deliveries
18th May 2020 11:07
(Sharecast News) - Aldi UK, the British arm of the German supermarket discounter, announced on Monday that it had teamed up with delivering service Deliveroo to provide shoppers with home deliveries.
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