Tesco 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.
Read moreOcado robots propel revenues towards full year targets
13th Dec 2018 07:12
(Sharecast News) - Boosted by its new robot-operated warehouse in south east London, Ocado confirmed it was gliding serenely towards its full year sales targets.
Read moreThursday preview: ECB, Ocado in focus
12th Dec 2018 15:24
(Sharecast News) - Barring a surprise in Wednesday evening's no-confidence vote against Prime Minister Theresa May, which she is expected to overcome, the market spotlight is expected to shift towards the other side of the Channel, where rate-setters in Frankfurt are set to meet to decide on monetary policy.
Read moreSupermarket growth stumbles to slowest since March 2017 - Kantar
11th Dec 2018 08:06
(Sharecast News) - UK supermarkets have plunged into the gloom blanketing the rest of the retail sector, with fresh data on Tuesday showing the slowest growth rate since March 2017.
Read moreMonday broker round-up
26th Nov 2018 12:09
(Sharecast News) - Workspace group: Deutsche Bank downgrades to hold with a target price of 1,100p.
Read moreOnline shift away from high street to accelerate at Christmas
20th Nov 2018 10:30
(Sharecast News) - Already struggling non-food high street retailers could lose their festive period boost as consumers prefer to go online to purchase presents.
Read moreOcado inks Kroger deal, with first three orders in weeks
30th Oct 2018 07:33
(Sharecast News) - Ocado expects to receive orders for the first three US online shopping warehouses from grocer Kroger in the coming weeks after the pair signed up to a formal services and operational agreement.
Read moreOcado offers 'creditable alternative to Amazon', BoAML upgrades
16th Oct 2018 10:08
(Sharecast News) - With Ocado shares down by a quarter over the past four month, Bank of America Merrill Lynch sees the online grocery specialist as "back in buying territory" and offering supermarkets a "unique" tool to combat Amazon.
Read moreAldi and Lidl accelerate assault on big supermarkets, Kantar data shows
16th Oct 2018 08:07
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Read moreOcado valuation now more reasonable for Barclays
10th Oct 2018 16:18
(Sharecast News) - Barclays upgraded Ocado on Wednesday after the online grocery specialist's valuation retreated to a more "reasonable" level.
Read moreTuesday broker round-up
18th Sep 2018 12:51
(Sharecast News) - Petra Diamonds: Citigroup upgrades to buy with a target price of 70p.
Read moreSummer is kind to big supermarkets but Sainsbury's still lags
18th Sep 2018 08:09
(Sharecast News) - Over the summer Sainsbury's enjoyed its best sales this year, though it was still the slowest growing of the big four, where Asda and Morrisons led the pack but still lost ground to the discounters.
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