Supermarkets benefit as shoppers stockpile food for no-deal Brexit
5th Mar 2019 08:49
(Sharecast News) - One in ten shoppers claim to have started stockpiling food to prepare for a no deal Brexit, according to the latest industry data, while Sainsbury's sales continued to fall.
Read moreBumpy road ahead for M&S-Ocado joint venture, analysts predict
27th Feb 2019 13:32
(Sharecast News) - Analysts think that Marks & Spencer's £750m joint venture with Ocado faces a lengthy period of unprofitable development, but the expense should eventually pay off.
Read moreWednesday broker round-up
27th Feb 2019 13:13
(Sharecast News) - Tullow Oil: Jefferies downgrades to hold with a target price of 222p.
Read moreM&S buys 50% stake in Ocado.com
27th Feb 2019 07:17
(Sharecast News) - Online delivery specialist Ocado has agreed to sell Marks & Spencer a 50% share in its UK retail business for up to £750m.
Read moreOcado confirms talks with Marks & Spencer
26th Feb 2019 11:35
(Sharecast News) - Ocado has confirmed that it is in talks with Marks & Spencer about a possible UK joint venture.
Read moreWednesday broker round-up
20th Feb 2019 13:19
(Sharecast News) - Ocado: Peel Hunt downgrades to hold with a target price of 110p.
Read moreKroger and Ocado choose sites for next two CFCs
19th Feb 2019 15:37
(Sharecast News) - Kroger and Ocado have chosen Central Florida and the Mid-Atlantic US as the two areas that will host their next two joint customer fulfillment centres.
Read moreOcado fire continues to burn for third day
7th Feb 2019 12:58
(Sharecast News) - Ocado shares dropped 10% on Thursday as the fire at its high-tech Andover warehouse continued to burn for a third day, with local residents having to be evacuated due to clouds of burning chemicals.
Read moreWednesday broker round-up
6th Feb 2019 13:31
(Sharecast News) - National Grid: RBC Capital Markets upgrades to outperform with a target price of 950p.
Read moreOcado growth plans singed as fire blazes through night
6th Feb 2019 08:53
(Sharecast News) - Firefighters have been unable to stop a fire in one of Ocado's robot-operated warehouses, damaging the majority of the building and its contents.
Read moreFire breaks out at Ocado's hi-tech Andover warehouse
5th Feb 2019 13:09
(Sharecast News) - Ocado's state-of-the-art fulfilment centre in Hampshire has been shut down following a fire, the online grocery specialist announced on Tuesday.
Read moreTesco leads big four as vegan trend boosts sales - Kantar
5th Feb 2019 08:04
(Sharecast News) - Tesco, Asda and Morrisons led the way as sales of fruit and vegetables in supermarkets grew as 'Veganuary' took hold, but Sainsbury's had a dry January even though the sector's alcohol sales fizzed higher.
Read moreOcado eyes delayed gratification as losses grow
5th Feb 2019 07:10
(Sharecast News) - Ocado losses swelled last year but the online grocery specialist was able to focus on more significant developments overseas as its partners begin work on major new delivery warehouses.
Read moreOcado and M&S pop up on reports of talks
28th Jan 2019 08:42
(Sharecast News) - Shares in Ocado and Marks & Spencer both picked up on Monday after weekend reports that they could pair up in an online grocery deal.
Read moreOcado earnings to take up-front hit on overseas contracts
22nd Jan 2019 16:47
(Sharecast News) - Analysts said Ocado's explanation of new accounting rules will make earnings appear "ugly" but that cash flows will not be affected.
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