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Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
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Share Price: 348.30
Bid: 347.90
Ask: 348.40
Change: -5.50 (-1.55%)
Spread: 0.50 (0.144%)
Open: 354.90
High: 362.10
Low: 345.30
Prev. Close: 353.80
OCDO Live PriceLast checked at -

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British shoppers spend record £11.7bn on groceries in December

Tue, 05th Jan 2021 10:11

(Sharecast News) - December was the busiest month ever for British supermarkets as tightening restrictions and the closure of restaurants, bars and cafes meant shoppers spent £11.7bn on groceries, according to market research firm Kantar.
In the 12 weeks to 27 December 2020, grocery sales rose 11.4%, Kantar said.

Fraser McKevitt, head of retail and consumer insight at Kantar, said: "December is always an incredibly busy time for supermarkets, but take-home grocery shopping is usually supplemented by celebrations in restaurants, pubs and bars - with £4 billion spent on food and drink, excluding alcohol, out of the home during the normal festive month.

"This year, almost all those meals were eaten at home and retailers stepped up monumentally to meet the surge in demand."

Digital orders accounted for 12.6% of grocery spend in December, compared with 7.4% last year, and online supermarket Ocado finished the year as it started, as the UK's fastest growing retailer.

Morrisons saw the biggest increase of the big four supermarkets over the 12-week period, with sales up 13.1%, while Tesco sales rose 11.1%. Sainsbury's saw a 10.7% jump, while sales at Walmart-owned Asda pushed up 7.8%.

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10 Jul 2023 08:24

Ocado launches first robotic warehouse in Asia with Aeon

LONDON, July 10 (Reuters) - British online supermarket and technology group Ocado said on Monday its first robotic warehouse in Asia, built for Japanese partner Aeon , has gone live.

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7 Jul 2023 09:31

LONDON BROKER RATINGS: HSBC raises ConvaTec; Berenberg cuts BHP

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

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6 Jul 2023 09:25

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4 Jul 2023 16:49

LONDON MARKET CLOSE: Tepid close after quiet day with US market closed

(Alliance News) - Stocks in London were largely higher on Tuesday, though the FTSE 100 slipped into the red amid weakness, while US markets were shut for the independence day holiday.

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29 Jun 2023 17:01

AutoStore to appeal London high court loss to Ocado in patent feud

LONDON, June 29 (Reuters) - Norwegian robotics firm AutoStore said on Thursday it will appeal a London high court judgement in March which dismissed its patent infringement claims against British online supermarket and technology group Ocado.

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29 Jun 2023 08:48

LONDON MARKET OPEN: Tough talk from central bankers sends stocks lower

(Alliance News) - Stock prices in London were lower on Thursday morning after major central bank chiefs made it clear on Wednesday that global interest rates will keep rising.

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29 Jun 2023 05:59

Ocado announces price cuts to milk and other 'everyday essentials'

(Alliance News) - Ocado Group PLC has announced price cuts on milk and other items as grocers compete to pass on falls in wholesale costs to customers.

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29 Jun 2023 00:01

Britain's Ocado follows rivals in cutting some prices

Ocado cuts prices of over 100 essential items

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28 Jun 2023 15:51

Ocado drops after media report of Amazon denying possible bid

LONDON, June 28 (Reuters) - Ocado shares fell as much as 11% on Wednesday, with traders attributing the drop to a media report that Amazon had denied speculation it would make a bid for the British retail company.

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28 Jun 2023 12:34

Ocado drops after media report of Amazon denying possible bid

LONDON, June 28 (Reuters) - Ocado shares fell by as much as 11% on Wednesday, with traders attributing the drop to a media report that said Amazon had denied reports it would make a bid for the retail company.

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27 Jun 2023 16:58

LONDON MARKET CLOSE: FTSE 100 edges up after strong start in New York

(Alliance News) - Blue-chip equities in Europe ended higher on Tuesday, though the FTSE 100 underperformed and ended with only a minor gain, as initial bullish trade following optimism out of China gave way to caution as the day wore on.

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27 Jun 2023 16:56

IN BRIEF: Ocado adds former Ted Baker CEO Osborne to board as non-exec

Ocado Group PLC - Hertfordshire-based online grocer and warehouse technology firm - Appoints Rachel Osborne as independent non-executive director from September 1. She is the former chief executive officer of fashion retailer Ted Baker. Osborne was formerly chief financial officer of Debenhams PLC and Domino's Pizza Group PLC and was finance director of John Lewis Division within the John Lewis Partnership.

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26 Jun 2023 16:23

Agnelli-backed firm discloses 5% Ocado stake

LONDON, June 26 (Reuters) - Lingotto Investment Management, a firm owned by the Exor NV holding company of Italy's Agnelli industrial dynasty, on Monday disclosed a 5% holding in Ocado, the British online supermarket and technology group.

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23 Jun 2023 17:21

European shares post worst week in three months, Siemens Energy slumps

Siemens Energy weighs on German stocks

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23 Jun 2023 16:58

LONDON MARKET CLOSE: Stocks end in the red as recession fears mount

(Alliance News) - Stocks in London closed lower on Friday as weak economic data and the prospect of global interests staying higher for longer put investors in a firmly risk-off mood.

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