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(Alliance News) - Ocado Group PLC on Wednesday said it now expects just "low single digit" annual sales growth from its retail joint-venture, as grocery buying behaviour normalises and consumer confidence weakens.
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(Sharecast News) - Ocado Retail blamed the cost of living crisis on Wednesday as it cut annual sales targets, sending shares in the online retailer lower.
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ЛОНДОН, 25 мая (Рейтер) - Британский ритейлер Marks & Spencer сообщил, что уйдет из России, и предупредил о влиянии усугубляющегося кризиса стоимости жизни на годовые финансовые результаты.
Read more(Alliance News) - Stock prices in London pushed higher early Wednesday, with European markets showing few signs of trepidation ahead of the release of the US Federal Reserve's latest meeting minutes.
Read moreLONDON, May 25 (Reuters) - Ocado Retail, the British online grocer owned by Ocado Group and Marks & Spencer , slashed its growth outlook on Wednesday as its customers ordered fewer items against the backdrop of a growing cost of living crisis.
Read more(Sharecast News) - Marks & Spencer reported a jump in annual earnings on Wednesday, boosted by a strong performance in food, but warned that growing headwinds could curtail profits in the current year.
Read more(Sharecast News) - Grocery inflation hit its highest level in 13 years in May, industry research showed on Tuesday, as the cost of living crisis continued to mount.
Read more(Alliance News) - UK supermarket sales have weakened in recent weeks, while grocery inflation accelerated to the highest level since May 2009, figures on Tuesday showed.
Read more(Sharecast News) - Ocado Group on Monday said it was buying US robotics startup Myrmex for €10.2m (£8m).
Read moreLONDON, May 18 (Reuters) - British startup Wayve said on Wednesday it will use supercomputer infrastructure designed for the firm by its investor Microsoft to process vast amounts of data as it develops machine learning-based models for self-driving cars.
Read more(Alliance News) - Shares in Made.com Group PLC plunged on Monday after the furniture retailer lowered its guidance for 2022 due to "highly challenging" market conditions.
Read moreOSLO, May 12 (Reuters) - Norwegian robotics firm AutoStore posted on Thursday a bigger-than-expected rise in first-quarter revenue and core earnings, and maintained its full-year guidance as order intake contibued to rise.
Read moreOcado Group PLC - Hatfield, Hertfordshire-based online grocer - James Matthews, chief executive officer of Ocado Technology division, buys 11,063 Ocado Group shares at GBP7.93 per share, worth GBP87,731, on Wednesday. Matthews became CEO of Ocado Technology in 2018.
Read more(Sharecast News) - Ocado Group was at the top of a long list of director buys on Tuesday afternoon, after its non-executive chair spent more than £0.1m on shares.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
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