UK supermarket sales set to top £13bn in December
10th Dec 2024 09:52
(Sharecast News) - UK supermarket sales are set to surpass £13bn in December for the first time, according to fresh data from Kantar on Tuesday, as shoppers geared up for the Christmas season.
Read moreMorrisons to stop deliveries from Ocado's Erith fulfilment centre
28th Nov 2024 07:24
(Sharecast News) - Shares in grocery Ocado Group fell on Thursday after the logistics tech firm announced that Morrisons will cease using its customer fulfilment centre (CFC) in Erith for deliveries.
Read moreLondon close: Stocks down on corporate earnings, Budget fallout
31st Oct 2024 15:59
(Sharecast News) - London stocks ended Thursday in negative territory, weighed down by corporate earnings releases and the market's response to the new Labour government's budget unveiled on Wednesday.
Read moreOcado names tech veteran Adam Warby as chair designate
31st Oct 2024 07:19
(Sharecast News) - Online grocery tech provider Ocado Group has confirmed speculation that it is appointing former Microsoft exec Adam Warby to replace chair Rick Haythornthwaite, who announced his resignation six months ago.
Read moreLondon close: Stocks give up gains to finish in the red
21st Oct 2024 15:48
(Sharecast News) - London stocks ended lower on Monday, after the People's Bank of China made bigger-than-expected cuts to loan prime rates, while UK house price growth stagnated.
Read moreOcado lining up former Microsoft executive as next chairman - report
21st Oct 2024 13:37
(Sharecast News) - A former Microsoft executive is reportedly being lined up as the next chairman of Ocado Group.
Read moreSupermarket sales spark as festive shopping gets underway
16th Oct 2024 09:11
(Sharecast News) - Supermarket sales sparked in September, industry data showed on Wednesday, as shoppers stocked up on Halloween treats and early Christmas bargains.
Read moreSunday newspaper round-up: Climate Change, The Telegraph, Stamp duty
6th Oct 2024 12:19
(Sharecast News) - Humanity has failed at the goal of keeping the degree of global warming below 1.5C. According to the head of the Intergovernmental Panel on Climate Change, Jim Skea, the planet was on course to warm by 3C by 2100. But surface temperatures would rise by more than those of the sea. Furthermore, western Europe and the UK were at threat from even greater warming, possibly as much as 5C by the turn of the century. - The Sunday Telegraph
Read moreVirgin Wines agrees strategic partnership with Ocado
4th Oct 2024 07:37
(Sharecast News) - Virgin Wines said on Friday that it has agreed a strategic partnership with online supermarket Ocado.com, which will stock a selection of 50 wines from its portfolio.
Read moreLondon close: Stocks finish higher as BoE holds rates
19th Sep 2024 16:03
(Sharecast News) - London stocks closed higher on Thursday, buoyed by the Bank of England's widely-expected decision to leave interest rates unchanged.
Read moreOcado lifts full-year guidance as Q3 revenues jump
19th Sep 2024 07:14
(Sharecast News) - Online grocer and logistics group Ocado has upgraded its revenue guidance for its retail division following a strong third-quarter performance which saw revenues jump as both customer numbers and the number of orders rose.
Read moreLondon close: Stocks slip ahead of much-awaited Fed decision
18th Sep 2024 15:03
(Sharecast News) - London's stock markets closed lower on Wednesday, as investors digested the latest UK inflation figures and looked ahead to the US Federal Reserve's policy announcement later in the day.
Read moreLondon close: Stocks mixed on latest UK jobs data
10th Sep 2024 14:47
(Sharecast News) - London's stock markets closed with mixed results on Tuesday, as investors weighed the latest UK jobs data showing both a slowdown in pay growth and a decline in the unemployment rate.
Read moreLondon close: Stocks mixed on return from long weekend
27th Aug 2024 15:58
(Sharecast News) - London's financial markets closed with a mixed performance on Tuesday, with Bunzl underpinning gains on the top-flight index after upgrading its full-year outlook.
Read moreOcado launches two new Coles fulfilment centres in Australia
27th Aug 2024 07:14
(Sharecast News) - Online grocer and food logistics group Ocado has announced that operations have finally started at two customer fulfilment centres in Australia a year later than planned, as part of its partnership with retail chain Coles.
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