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Share Price Information for Ocado (OCDO)

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Share Price: 352.10
Bid: 352.00
Ask: 353.10
Change: 8.60 (2.50%)
Spread: 1.10 (0.313%)
Open: 344.40
High: 356.70
Low: 332.90
Prev. Close: 343.50
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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%.

More News
23 May 2023 09:14

UK grocery inflation nudges lower to 17.2%

(Sharecast News) - Food inflation continued to edge lower, industry data showed on Tuesday, although it remains close to record highs.

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23 May 2023 08:31

TOP NEWS: UK grocery inflation eases; sales get Coronation boost

(Alliance News) - UK grocery price inflation eased for the second month in a row, but remained at its third-highest rate since 2008, numbers from Kantar showed on Tuesday.

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15 May 2023 09:35

LONDON BROKER RATINGS: Citigroup raises Flutter Entertainment to 'buy'

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

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9 May 2023 14:00

Sustainable Switch: The Shell shareholder anti-ESG battle

May 9 - By Sharon Kimathi Energy and ESG Editor, Reuters Digital

Hello!

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9 May 2023 11:24

Ford to test small UK fleet of hydrogen fuel cell E-Transit vans

LONDON, May 9 (Reuters) - Ford Motor Co said on Tuesday it will test a small fleet of prototype hydrogen fuel-cell versions of its electric E-Transit model to see if they are a workable zero-emission option for customers hauling heavy goods long distances.

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28 Apr 2023 09:54

LONDON BROKER RATINGS: Dunelm and Coats get new 'buy' ratings

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

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27 Apr 2023 09:38

LONDON BROKER RATINGS: Reckitt price targets raised; Ocado is 'hold'

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

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27 Apr 2023 08:44

Deutsche Bank starts Ocado at 'hold', says risk/reward balanced

(Sharecast News) - Deutsche Bank initiated coverage of Ocado on Thursday with a 'hold' rating and 550p price target as it said the risk/reward is currently balanced.

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25 Apr 2023 16:57

UK's Ocado to close its oldest warehouse, 2,300 jobs at risk

Hatfield site opened in 2002

*

Read more
25 Apr 2023 15:52

UK shareholder meetings calendar - next 7 days

Wednesday 26 April 
Alfa Financial Software Holdings PLCAGM
Allianz Technology Trust PLCAGM
Anglo American PLCAGM
Breedon Group PLCAGM
Breedon Group PLCCourt Meeting and GM re approval to move to the Main Market
Bunzl PLCAGM
Corcel PLCAGM
Croda International PLCAGM
Drax Group PLCAGM
Elementis PLCAGM
Global Invacom Group LtdAGM
Lancashire Holdings LtdAGM
Kazera Global PLCAGM
Metro Bank PLCAGM
Mobius Investment Trust PLCAGM
Nichols PLCAGM
One Media IP Group PLCAGM
Persimmon PLCAGM
RIT Capital Partners PLCAGM
Trian Investors 1 LtdEGM re share redemption
Trian Investors 1 LtdAGM
Thursday 27 April 
Admiral Group PLCAGM
AFC Energy PLCAGM
Alliance Trust PLCAGM
AstraZeneca PLCAGM
BP PLCAGM
CLS Holdings PLCAGM
CRH PLCAGM
Dalata Hotel Group PLCAGM
Dial Square Investments PLCAGM
F&C Investment Trust PLCAGM
Flutter Entertainment PLCAGM
Gresham House Renewable Energy VCT 1 PLCAGM
Gresham House Renewable Energy VCT 2 PLCAGM
Helios Towers PLCAGM
Ibstock PLCAGM
International Personal Finance PLCAGM
Kerry Group PLCAGM
London Stock Exchange Group PLCAGM
Pershing Square Holdings LtdAGM
Quixant PLCAGM
Robert Walters PLCAGM
Schroders PLCAGM
Serco Group PLCAGM
STV Group PLCAGM
Synectics PLCAGM
Taylor Wimpey PLCAGM
Tissue Regenix Group PLCAGM
Weir Group PLCAGM
Friday 28 April 
AQRU PLCAGM
Audioboom Group PLCAGM
BBGI Global Infrastructure SAAGM
Everest Global PLCAGM
GetBusy PLCAGM
Greencoat Renewables PLCAGM
Greencoat UK Wind PLCAGM
Hikma Pharmaceuticals PLCAGM
JPMorgan Claverhouse Investment Trust PLCAGM
Kingspan Group PLCAGM
Minoan Group PLCAGM
Pearson PLCAGM
Rotork PLCAGM
Shanta Gold LtdAGM
Smurfit Kappa Group PLCAGM
Symphony International Holdings LtdAGM
Monday 1 May 
no events scheduled 
Tuesday 2 May 
Carr's Group PLCGM re annual report and directors remuneration report
CVC Income & Growth LtdAGM
IOG PLCAGM
Ocado Group PLCAGM
Plus500 LtdAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
25 Apr 2023 10:22

Ocado to shut Hatfield fulfilment site, putting 2,600 jobs at risk

(Alliance News) - Ocado Group PLC on Tuesday said Ocado Retail Ltd plans to close its Hatfield customer fulfilment centre, north of London.

Read more
25 Apr 2023 10:19

UK grocery inflation eases but remains at record level

(Sharecast News) - Grocery inflation eased marginally in April, industry data showed on Tuesday, but remained close to record highs.

Read more
25 Apr 2023 09:45

Ocado to close Hatfield warehouse; 2,300 jobs at risk

(Sharecast News) - Online supermarket Ocado said on Tuesday that Ocado Retail - its joint venture with Marks & Spencer - is planning to end operations at the Hatfield Customer Fulfilment Centre, putting more than 2,000 jobs at risk.

Read more
25 Apr 2023 09:30

TOP NEWS: UK grocery price inflation cools but remains double-digits

(Alliance News) - UK grocery price inflation remained in double-digits for the tenth month in a row in April, according to figures from Kantar on Tuesday.

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12 Apr 2023 16:54

LONDON MARKET CLOSE: Stocks in the green as US inflation rate cools

(Alliance News) - Stocks in London closed higher on Wednesday as the US inflation rate continued to cool, providing investors with some hope that the cycle of rate hikes may soon be at an end.

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