Member Info for Toffers

Anyone any views on Waitrose must be thinking? what if Waitrose were to come back in and form a tri-alliance, which could heavily impact on the other two, Sainsburys and Tescos?

This was out a week or two ago and it has no bearing on AML being discussed here, the racing team is a different division.

Sheltie, it's the same source I've just quoted, but you haven't put your source. You should always state the source otherwise it's a breach of copyright

Neil - msn.com.gb

"Ocado added that it expects to maintain 'market-leading sales growth and volume momentum' in 2025, while making 'further progress on driving operational efficiency and scale leverage, continuing on our journey towards a high mid-single digit adjusted EBITDA margin in the mid-term'."

So how many of you actually invested, are actually ordering groceries online with Ocado? if you're invested and not doing so, shame on you!

Chilting, as the news spreads, I would expect the shorts to reduce, as more investors climb on board, let's see. Wonder if Waitrose are watching with interest?

Food delivery arrived okay, only downside is the frozen food wasn't frozen!

"LONDON (Reuters) - British online supermarket Ocado Retail, a joint venture between Ocado Group and Marks & Spencer, reported a 17.5% rise in fourth quarter revenue, saying it won more customers from rivals, helped by more competitive pricing.

The JV also said on Tuesday it delivered its highest ever level of sales over the peak Christmas trading period and forecast further progress in its 2024/25 year.

(Reporting by James Davey; editing by Sarah Young)"

source: msn.com

How about offering 10% off total bill and free delivery to Over 50's on Tuesdays, same as Iceland do apparently? That would be a good incentive. Over 50's often have greater buying power, no kids at home, private pension pots, mortgages paid off, good market to target Ocado?

Neil - Ocado Group reported GBP58M in EBITDA for its fiscal semester ending in June of 2024.

Should now be over GBP 60M at a guess

Hannah Gibson, Ocado Retail’s chief executive, said that lowering its prices had helped attract more customers over the past year – with the online retailer promising to match prices with an equivalent order on Tesco’s website on some 10,000 products.

“2024 was a year of strong growth. In the fourth quarter, we accelerated sales again – reaching 500,000 orders per week for the first time, at the end of November,” Ms Gibson said.

“We’ve made a series of significant improvements – including making sure customers can buy all their favourite M&S products, ensuring our service is near perfect, shifting our value perceptions as customers realise how much we’ve moved on price and helping new customers discover Ocado.”

same source - The Independent

"Hannah Gibson, Ocado Retail

Ocado is the UK’s 10th largest supermarket, with a 1.8% share of the grocery market, according to the latest review by analysts Kantar.

Tesco is the country’s largest, with a 28.5% share of the market.

For the group’s final quarter, Ocado reported revenues of £715.8 million, 17.5% higher than the same period a year earlier.

The average selling price of each item sold remained at £2.75, it said.

It also said it enjoyed the highest level of sales over the peak Christmas trading period, with shoppers splashing out on items from the M&S party food selection like pigs in blankets, a range of cheeses, and low and no alcohol drinks."

same source

This was driven by a higher number of customers and average weekly orders, and a greater selection of products available to buy including M&S ranges.

"It had some 1.1 million active customers over the latest year, with the average value of each person’s shopping basket edging up to about £122, Ocado said.

2024 was a year of strong growth"

same source

"Ocado has cheered a jump in sales as the online grocer said it attracted more customers who were shopping more frequently.

The company, which is run as a joint venture with Marks & Spencer, said it made £2.7 billion in revenues for the year to December 1, nearly 14% higher than the previous year."

from the article mentioned below

Sheltie that is not true, but if you want to follow me around because you know I pick winners, thats up to you.

"Ocado cheers sales growth after enticing more shoppers with M&S food

Story by Anna Wise"

on the web

Missed out to other key matters when ordering as well, they don't charge delivery, and they give money back for the return of the bags! Can't beat it. All hail Ocado. Do they offer any incentives to shareholders on orders/deliveries? Be nice if they did!

Could be some shorts in trouble after that rns!

I also like the fact that they messaged me early on and the order will be delivered in the electric blueberry van, and no missing products, so you can't beat that!

Been out of this for a while, but got an Ocado delivery coming this morning, as M&S is always good for meals for one! and like most I've got this fluey cold cough bug this week so decided I have to ground myself for the rest of the winter I think and will do home delivery with Ocado. I had to look as I saw there was an rns and that looks pretty good news to me. I think as more bugs hit our shores at winter time, more people will be turning to home delivery, the only thing is you don't always see the offers that you see in the actual stores, and the site can be a bit overwhelming with the amount of choice, but looking good :)