We would love to hear your thoughts about our site and services, please take our survey 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: 376.90
Bid: 376.70
Ask: 377.20
Change: 18.50 (5.16%)
Spread: 0.50 (0.133%)
Open: 363.00
High: 379.00
Low: 362.00
Prev. Close: 358.40
OCDO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TOP NEWS: New UK Lockdowns Not Causing Grocery Panic Buying - Kantar

Tue, 10th Nov 2020 08:46

(Alliance News) - UK demand for groceries has remained steady despite an uptick Covid-19 infections, research agency Kantar said Tuesday.

UK take-home grocery sales rose 9.3% in the 12 weeks to November 1, to total GBP29.44 billion, and in the most recent four weeks sales increased by a similar 9.4% - showing no "significant spike" in demand despite restrictions on movement coming into force across the country, noted Kantar.

Wales, where restrictions were tightest, recorded 15% growth in the month to November 1. England went into a month-long lockdown on Thursday last week.

"Welsh shoppers increased their spending by an average of GBP10 during the week when the 'firebreak' lockdown came into effect. The following week, online shopping in Wales hit its highest ever level accounting for 16.2% of the market. In Britain as a whole, a record 5.9 million people purchased groceries online in the month of October," said Fraser McKevitt, head of retail and consumer insight at Kantar.

While there was some uplift in Wales, McKevitt continued, the increased spending did not provide any evidence of consumers stockpiling. Initial figures suggest no sign of panic buying in England either, he added.

"The prospect of spending less time out and about during winter means people are hunkering down with seasonal comforts and making the best of life at home. Sales of scented candles, pot pourri and essential oils for diffusers have grown by 29% compared with last year," said McKevitt.

Amongst individual retailers, Ocado PLC was the fastest growing in the 12-week period, with sales surging 36% and its market share increasing to 1.7% from 1.4% a year ago.

Wm Morrison Supermarkets PLC led the 'Big Four' grocers, with sales up 11% and its market share growing to 10.2% from 10.0%.

Tesco PLC's market share was steady at 27.0%, and its sales grew 9.1%, while J Sainsbury PLC's sales grew 7.6% and its market share slipped to 15.3% from 15.6%.

Walmart Inc's Asda's market share dipped to 14.4% from 14.9%, while sales rose the slowest of the 'Big Four', up 5.0%.

Walmart in October agreed to sell Asda to Issa Brothers and UK-based private equity firm TDR Capital LLP for GBP6.8 billion. Brothers Mohsin and Zuber Issa are co-chief executives of Blackburn-based British retailer EG Group, a company which operates fast food outlets and petrol stations in Europe, Australia and the US.

Discounters Aldi and Lidl recorded sales growth of 6.6% and 13% respectively in the 12-week period, with Aldi's market share edging down to 7.8% from 8.0% while Lidl's nudged up to 6.1% from 5.9%.

Shares in Ocado were down 1.8% at 2,241.00 pence in London early Tuesday. Ocado shares had lost 13% on Monday after news of progress on a Covid-19 vaccine sent online retailers lower. Morrisons was up 1.9% at 167.30p, Tesco down 0.1% at 218.60p and Sainsbury's marginally higher at 197.90p.

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
Today 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
Today 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
Today 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
Today 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
Today 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
21 Apr 2024 09:51

PRESS: Ocado facing call to shift listing from London - Telegraph

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

Read more
10 Apr 2024 16:52

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

(Alliance News) - European stocks closed off session highs on Wednesday, while equities in New York struggled, after a robust US inflation reading which potentially pushed the first Federal Reserve rate cut of the cycle further into the future.

Read more
10 Apr 2024 11:56

LONDON MARKET MIDDAY: European stocks get boost ahead of US inflation

(Alliance News) - Stock prices in London were higher at midday on Wednesday, despite some nerves centred around the latest US inflation rate reading, out this afternoon.

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