Ocado

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  1. Channel: Ecommerce & Digital
Ocado has expanded with technology company Bedeo in order to ensure its transition to sustainable last mile delivery is met. Bedeo’s pioneering tech in electric transport has helped them supply… The post Ocado expands partnership with Bedeo to transition to sustainable last mile delivery appeared first on Latest Retail Technology News From Across The Globe […]
  1. Channel: Grocery
CINCINNATI – Kroger will offer more customers Kroger Delivery through the addition of new Kroger fulfillment centers powered by the Ocado Group, combining vertical integration, machine learning and robotics to provide an affordable, friendly and fast fresh food delivery service, the company said Tuesday. “Kroger Delivery is a thriving part of our dynamic ecosystem and is […]
  1. Channel: Grocery
Got a number of emails responding to yesterday’s breaking new story about how Kroger plans to go into both the northeastern US and south Florida with pure-play e-commerce operations that will build on its CFC warehouse development strategy with Ocado. I commented, in part: For a long time, I’ve heard people speculate about when Kroger […]
  1. Channel: Grocery
Kroger has announced that it will offer more customers Kroger Delivery through the addition of a new fulfilment centre powered by the Ocado Group. The new centre will combine vertical… The post Ocado expands partnership with Kroger to open new fulfilment centre appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. Channel: Ecommerce & Digital
Brands are facing continued transportation and shipping costs pressures, with benchmarking data from CRC’s Traditional Retail Council suggesting it’s the top cost pressure for brands, above labor, commodities, packaging, and more. Retailers are feeling these same transportation and shipping cost pressures, which has resulted in more vendor drop ship requests or otherwise pulling back on […]
  1. Technology & Innovation
RTIH Editor, Scott Thompson, brings you his top ten ‘future of retail systems’ deployments from the past seven days, including Ocado Group, Amazon, AMC Theatres and Aldi Nord. Aldi Nord Aldi Nord is set to test out a checkout free store in Utrecht, The Netherlands, early next year, powered by Trigo technology. To enter, customers will […]
  1. Channel: Ecommerce & Digital
Ocado has invested $13.6 million in Wayve, an autonomous grocery delivery startup. The two companies will partner to pilot a 12-month test of self-driving delivery vans in London. A human driver will be in each vehicle to oversee the tests. Ocado’s investment brings the total that Wayve has raised in funding to $60 million.
  1. Channel: Ecommerce & Digital
Ocado Group has announced a partnership with and £10 million investment in startup Wayve as it looks to accelerate the development of autonomous grocery deliveries for complex urban environments.  This closely follows Asda’s tie up with Wayve. The collaboration includes an autonomous delivery trial that will see Wayve’s deep learning and camera-based technology technology fitted […]
  1. Channel: Ecommerce & Digital
Ocado has successfully launched a £500 million bond offering after significantly increasing the size of the offer due to “strong demand”. The online grocer has now offered £500 million of… The post Ocado issues £500m corporate bond offering following “strong demand” appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. RetailWit QuickWit
Amazon expands faster same day delivery. Delivery will be in available in “as little as five hours” (although two-day shipping is often taking five these days). Coming to Miami, Minneapolis, and Atlanta, and expanding their presence in Chicago. There has to be a breaking point where there’s diminishing returns for convenience and delivery. And, Amazon […]
  1. Technology & Innovation
Ocado has launched a new high-tech meal preparation robot at its headquarters enabling staff to customise their meals down to the gram. Ocado’s headquarters is now home to the world’s first deployment of the Semblr robot, developed by food tech startup Karakuri. Karakuri describes Semblr as “the world’s most advanced food preparation robotics technology”, which currently […]
  1. Channel: Ecommerce & Digital
Ocado chairman Tim Steiner has played down the “small pockets of poor product availability” in the grocer’s stock. He said that the numbers were no worse than the average of… The post Ocado boss plays down “small pockets of poor product availability” appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. Channel: Ecommerce & Digital
Ocado Retail has announced a 10.6% drop in third quarter revenues as it suffered the effects of a fire at its Erith customer fulfilment centre and exceptional strong comparatives from 2020. Plus, CD&R strikes agreement with Morrisons pension scheme trustees, grocery sales fall and all the rest of the latest …
  1. Channel: Grocery
The grocery industry remains one of our nation’s most vital and essential operations, as it meets the needs of the rapidly changing consumer.   Our nation’s independent grocers with 21,000 stores, representing 25% of the retail grocery industry sales, $140B in annual sales, and 1% of the United States GDP, [1] are a significant portion […]
  1. Channel: Ecommerce & Digital
Today marks one year since Marks and Spencer went live on Ocado. The move saw the latter begin to sell and deliver food from M&S rather than Waitrose, after M&S splashed out £750 million to acquire a 50% stake in Ocado’s retail business. “With operations commencing at Ocado’s latest fulfilment centre in Purfleet, capacity will […]
  1. Channel: Ecommerce & Digital
Ocado is set to create 1500 new jobs as it officially opens its sixth UK automated customer fulfilment centre (CFC) in Purfleet. Ocado Retail, which is today also celebrating the… The post Ocado to hire 1500 new staff as it opens 2nd-largest robotic fulfilment centre appeared first on Latest Retail Technology News From Across The […]
  1. Technology & Innovation
Ocado Group has appointed former Amazon Vice President and technology entrepreneur Nadia Shouraboura to its non-executive board. “Ocado Group has many challenges ahead. The biggest is customer expectations changing fast and the customer having broad demands and expectations and how we meet these,” Shouraboura comments. In addition to her time at Amazon, she founded and […]
  1. Channel: Ecommerce & Digital
Ocado has seen sales drop for the first time “on record” as the number of households buying groceries online drops 20 per cent. Online grocery sales hit their lowest levels… The post Ocado sees first sales decline “on record” as online grocery shoppers drop 20% appeared first on Latest Retail Technology News From Across The […]
  1. Channel: Ecommerce & Digital
Ocado will allow its employees to work from anywhere in the world for one month a year in a pioneering new strategy aimed at improving staff’s mental health. The online… The post Ocado will allow staff to work from anywhere in the world for 1 month a year appeared first on Latest Retail Technology News […]
  1. Media & Marketing
#SilentSainsburys is trending on Twitter today as the grocery giant comes under increasing pressure to stop advertising during Nigel Farage’s new show on GB News. Activist group Led By Donkeys tweeted this morning: “Sainsbury’s has now been asked several thousand times to justify why it pays Nigel Farage’s salary by advertising on his TV show, but […]
  1. Channel: Ecommerce & Digital
Ocado’s third warehouse fire in as many years could actually be “good news” for the online grocer, as its stock price continues to recover. Last week Ocado was forced to… The post Ocado’s latest warehouse fire could actually be “good news” according to analysts appeared first on Latest Retail Technology News From Across The Globe […]
  1. Channel: Ecommerce & Digital
Ocado has been forced to cancel thousands of customer’s orders after its picking robots collided and set fire to its largest fulfilment centre in south-east London. Ocado’s second major fire… The post Ocado cancels thousands of orders as its robots cause another huge fire appeared first on Latest Retail Technology News From Across The Globe […]
  1. Channel: Ecommerce & Digital
Ocado is still plagued by capacity issues and “can’t serve a lot of Marks & Spencer customers” according to its chairman Archie Norman. The online grocer is still struggling to… The post M&S chairman says Ocado still “can’t serve a lot” of customers a year after tie-up appeared first on Latest Retail Technology News From […]
  1. Technology & Innovation
Kroger is working with KNAPP to expand the capacity and enhance the capabilities of its Great Lakes distribution centre in Delaware, Ohio, USA. The facility is currently being renovated to add new technology, including KNAPP’s OSR Shuttle Evo and RUNPICK systems, with work set for completion this summer. The DC – which opened in 2003 and currently services […]
  1. Channel: Ecommerce & Digital
Ocado said consumer demand to purchase groceries online continues to grow as does the need for its automated warehouse technology model. The British online grocery giant announced its first new deal since the pandemic hit with Auchan Retail to support the Alcampo supermarket chain in Spain.
  1. Channel: Ecommerce & Digital
Ocado has seen revenues continue to climb over 20 per cent in the first half despite the easing of lockdown restrictions, but investors have raised concerns about growing challenges to… The post Ocado sales jump 20% as it fights off competition from rapid delivery rivals appeared first on Latest Retail Technology News From Across The […]

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Editor’s Choice

  1. RetailWit QuickWit
Kroger launches private targeted marketing platform. Big news coming from 84.51 / KPM. The platform allows clients to use their demand-side platform (DSP) of choice. Data is money, and Kroger has blown open the doors for extending first-party data beyond their walled garden—while maintaining (shopper) privacy and control.  Amazon gives third-party sellers access to more […]
  1. Channel: Grocery
Solution enables brands to target relevant shoppers, optimize performance against actual retail sales The Kroger Co.’s retail media business, Kroger Precision Marketing (KPM) powered by 84.51°, has rolled out a new private programmatic advertising marketplace. The Kroger Private Marketplace enables agencies and brands to target consumers by applying Kroger audience data to programmatic campaigns on […]
  1. RetailWit QuickWit
Albertsons posts Q2 earnings beat. ID sales +1.5% (2 year stacked: 15.3%); digital sales +5% (2 year stacked: +248%). They announced a strong quarterly dividend of 20% and raised FY2021 outlook.  Gross profit margin decreased 28.6% (fuel, inflation, supply chain costs). Albertsons spoke to their transformation strategy and, specifically, called out modernizing their technical infrastructure […]

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