Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 353.10
Bid: 352.90
Ask: 353.50
Change: -9.20 (-2.54%)
Spread: 0.60 (0.17%)
Open: 364.40
High: 368.20
Low: 350.00
Prev. Close: 362.30
OCDO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Aldi UK accelerates online push with ramp-up of Deliveroo trial

Fri, 20th Nov 2020 00:01

* Deliveroo trial expanded to almost 130 Aldi stores

* Aldi also expanding click and collect trial

* Aldi has lost market share during pandemic

By James Davey

LONDON, Nov 20 (Reuters) - Aldi UK, the British
arm of the German supermarket discounter, is stepping-up its
push into groceries home delivery by expanding a trial with
Deliveroo to almost 130 stores, it said on Friday.

Britain's fifth-largest supermarket group, with 900 stores
and a 7.8% market share, has been slow to offer online services
in comparison to rivals but has been developing its channels to
customers during the COVID-19 pandemic.

In April it started selling online food parcels to help
self-isolating and vulnerable customers during the crisis and a
month later started the rapid delivery trial in partnership with
Deliveroo.

Also last week it said it would extend a trial of a click
and collect service by up to an additional 200 stores by
Christmas.

Online grocery shopping has doubled its share of the UK
market to around 14% since the start of the pandemic and online
pioneer Ocado reckons it could reach 30% over the next
few years.

Aldi customers can choose from around 400 items on the
Deliveroo app. Products are then picked and packed by Aldi staff
before being delivered by Deliveroo riders in as little as 20
minutes.

Delivery via Deliveroo costs 4.99 pounds, including a 49
pence platform fee.

“We’re finding customers really value having more ways to
shop at Aldi, particularly at the moment," Aldi said.

Aldi enjoyed over a decade of strong growth on the back of
new store openings but its market share has edged lower during
the pandemic, partly because of its lack of a significant online
offer.

In September, the group said it was investing 1.3 billion
pounds ($1.7 billion) over the next two years, including in
opening 100 new stores.

Deliveroo, 16% of which is owned by Amazon, is also
working with the Co-operative Group, Waitrose
, Sainsbury's and Morrisons.
($1 = 0.7557 pounds)
(Reporting by James Davey; Editing by Kirsten Donovan)

More News
24 Apr 2024 09:02

LONDON BROKER RATINGS: Investec cuts Hipgnosis Songs Fund to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
24 Apr 2024 07:42

LONDON BRIEFING: Lloyds profit takes hit; Jet2 cuts guidance

(Alliance News) - Stocks in London are set to open higher on Wednesday, as the release of some key US data edges closer

Read more
23 Apr 2024 17:12

UK's FTSE 100 hits record peak; Associated British Foods surges

Associated British Foods jumps after forecasting growth

*

Read more
23 Apr 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 pushes to new high; AB Foods surges

(Alliance News) - The FTSE 100 hit another intraday high on Tuesday, driven by data providing some "fresh optimism" about the UK economy.

Read more
23 Apr 2024 08:57

Shoppers clamber for deals as grocery inflation slows further

(Sharecast News) - UK households collectively saved £1.3bn on supermarket deals over the last four weeks, equating to £46 per household, according to fresh industry data released on Tuesday.

Read more
23 Apr 2024 08:54

LONDON MARKET OPEN: AB Foods profit soars boosting interim dividend

(Alliance News) - Stock prices in London continued to build on Monday's gains early on Tuesday, thanks to sentiment boosted by the prospect of interest rate cuts.

Read more
23 Apr 2024 08:36

TOP NEWS: Grocery inflation eases again in April despite early Easter

(Alliance News) - Grocery price inflation eased further in April, aided by a significant increase in promotional spending, new data showed on Tuesday.

Read more
23 Apr 2024 08:00

British grocery inflation dips to 3.2%, says Kantar

*
Grocery inflation down for 14th straight month

Read more
22 Apr 2024 14:54

London close: Stocks jump on weaker sterling, easing geopolitics

(Sharecast News) - London's financial markets closed in the green on Monday, with the top-flight index remaining near record highs by the close.

Read more
22 Apr 2024 14:45

UK shareholder meetings calendar - next 7 days

Tuesday 23 April 
AIQ LtdAGM
NatWest Group PLCAGM
Taylor Wimpey PLCAGM
Wednesday 24 April 
abrdn PLCAGM
abrdn Equity Income Trust PLCAGM
AssetCo PLCAGM
Breedon Group PLCAGM
British American Tobacco PLCAGM
Bunzl PLCAGM
Coro Energy PLCAGM
Croda International PLCAGM
Entain PLCAGM
Greencoat UK Wind PLCAGM
Primary Health Properties PLCAGM
Serco Group PLCAGM
Synectics PLCAGM
Thursday 25 April 
AFC Energy PLCAGM
Admiral Group PLCAGM
Beazley PLCAGM
BP PLCAGM
CLS Holdings PLCAGM
CRH PLCAGM
Dalata Hotel Group PLCAGM
Develop North PLCAGM
Drax Group PLCAGM
Everest Global PLCAGM
Greencoat Renewables PLCAGM
Hammerson PLCAGM
Helios Towers PLCAGM
Hikma Pharmaceuticals PLCAGM
International Biotechnology Trust PLCAGM
London Stock Exchange Group PLCAGM
Manx Financial Group PLCAGM
Mattioli Woods PLCGM re Pollen Street Capital Ltd takeover
Persimmon PLCAGM
Premier Miton Global Renewables Trust PLCAGM
Relx PLCAGM
Schroders PLCAGM
Smithson Investment Trust PLCAGM
Tissue Regenix Group PLCAGM
Weir Group PLCAGM
Friday 26 April 
Bellevue Healthcare Trust PLC AGM
Kingspan Group PLCAGM
Me Group International PLCAGM
Pearson PLCAGM
Senior PLCAGM
Smurfit Kappa Group PLCAGM
Monday 29 April 
Goldstone Resources LtdAGM
Hydrogen Future Industries PLCAGM
JPMorgan Claverhouse Investment Trust PLCAGM
KR1 PLCEGM re buying up to 15% of shares in issue
Ocado Group PLCAGM
Secured Property Developments PLCGM re name change to Mollyroe PLC
Symphony International Holdings LtdAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
22 Apr 2024 11:52

LONDON MARKET MIDDAY: Hipgnosis Songs and Tyman jump on takeover talk

(Alliance News) - Stock prices in London were higher at midday on Monday, as investors eye some key US data as attention turns away from the Middle East for now.

Read more
22 Apr 2024 09:52

Ocado shareholders reportedly pushing for move to NYSE

(Sharecast News) - Ocado shareholders are pushing for a potential shift from its London listing to the New York Stock Exchange, it emerged over the weekend.

Read more
22 Apr 2024 08:49

LONDON MARKET OPEN: Hipgnosis jumps on Blackstone rival offer

(Alliance News) - Stock prices in London opened higher on Monday, as investors shook off nerves ahead of a key US inflation reading later this week.

Read more
22 Apr 2024 07:41

LONDON BRIEFING: Hipgnosis supports Blackstone takeover bid

(Alliance News) - Stocks in London are called to open higher, as investors eye some key FTSE 250 takeovers.

Read more
21 Apr 2024 16:47

Sunday newspaper round-up: IDS, Ocado, Foxtons

(Sharecast News) - Asset manager Redwheel told regulators they should reduce the UK postal service's legal obligations. The move followed a failed buyout attempt by Daniel Kretinsky for International Distributions Services, its parent company. The billionaire investor was said to be evaluating a possible improved bid. The company meanwhile has petitioned Ofcom to let it cut the number of days per week during which it must deliver second-class mail from six to two or three. That would save the company £300m and see it shrink its workforce by 1,000. According to Redwheel, as first reported by the Sunday Times, the enforced costs of its legal obligations left the company "vulnerable to corporate predators". - Guardian

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account