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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
Share Price is delayed by 15 minutes
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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 -

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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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21 Apr 2024 09:51

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(Alliance News) - Ocado PLC has faced investor pressure to consider a listing in New York, the Telegraph reported on Saturday.

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LONDON MARKET CLOSE: New York stocks tumble as US data dashes cut hope

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10 Apr 2024 11:56

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8 Apr 2024 16:52

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5 Apr 2024 17:31

London stocks log weekly declines on geopolitical, rate uncertainty

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4 Apr 2024 17:04

UK stocks climb on boost from auto, mining stocks after upbeat data

Ocado drops as chairman to step down next year

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4 Apr 2024 15:58

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

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4 Apr 2024 10:05

TOP NEWS: Ocado chair to step down to focus on NatWest role

(Alliance News) - Ocado Group PLC said on Thursday that its chair intends to step down next year, as "pressure" on his time will grow after taking on the position at lender NatWest Group PLC.

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4 Apr 2024 08:03

Ocado chair Haythornthwaite to step down next year

(Sharecast News) - Ocado said on Thursday that chairman Rick Haythornthwaite will be stepping down next year "due to his increasing commitment" as the recently-appointed chair of NatWest.

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4 Apr 2024 07:43

LONDON BRIEFING: Vodafone-Three deal faces deeper UK probe

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, despite remarks from Federal Reserve Chair Jerome Powell failing to soothe lingering interest rate worries.

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2 Apr 2024 15:22

London close: Stocks turn red on return from Easter break

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

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27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

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

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26 Mar 2024 17:20

European shares end higher on financials boost; Rubis shimmers

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26 Mar 2024 17:06

London close: Stocks rise as US consumer confidence remains stable

(Sharecast News) - London markets closed in positive territory on Tuesday, buoyed by a stable US consumer confidence report and anticipation for upcoming inflation data.

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