Ocado

  1. Channel: Delivery

Instacart stock languishes after IPO

Instacart saw its share price erode in the two days following its initial public offering, after it rose 12.7% in its first day of trading on the NASDAQ exchange. The stock settled down to just slightly over its IPO price of $30 per share on Wednesday, its first full day on the exchange, then ranged […]
2 min read
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  1. Technology & Innovation

Retail technology innovation of the week: Pixevia powers IKI GO autonomous store in Lithuania

Retail Technology Innovation of the Week is a new series from RTIH highlighting stand out deployments, launches, and initiatives. Every week, we will showcase forward thinking tech plays that have impressed our Editor and the Retail Technology Innovations Report judging panel, in the run up to the publication of the 2024 report early next year. […]
2 min read
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  1. Channel: Dollar/Value

Your Views:  Higher Purposes

I did a FaceTime the other day about how employee disengagement actually can be an infection that can ravage an organization.  One MNB reader responded: Businesses that are grounded in higher purpose, mission, values and beliefs offer their customers an opportunity to be part of something greater than themselves. In tandem, these organizations culturally are […]
4 min read
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  1. Channel: Ecommerce & Digital

Report:  Kroger Hits Pause On Ocado Warehouse Rollout

Diginomica reports that Ocado’s relationship with Kroger has “run into some bumps in the road as the US firm puts the development of new Ocado automated Customer Fulfilment Centers (CFCs) on hold until such time as it is confident that ones that have already been opened are meeting expectations.” According to the story, “Kroger and […]
< 1 min read
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  1. Technology & Innovation

Retail technology innovation of the week: Downtown Spirits achieves Amazon Just Walk Out first

Retail Technology Innovation of the Week is a new series from RTIH highlighting stand out deployments, launches, and initiatives. Every week, we will showcase forward thinking tech plays that have impressed our Editor and the Retail Technology Innovations Report judging panel, in the run up to the publication of the 2024 report early next year. […]
2 min read
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  1. Technology & Innovation

Why are Amazon Fresh stores fizzing out in the UK? These are last week’s most read RTIH retail technology articles

Check out the RTIH articles that caught your fancy last week, including Under Armour, Lacoste, Dsquared2, Ikea, Ocado Group, Co-op, Sweaty Betty, and Mars. RELEX Solutions helps Getir ‘reap benefits of autonomous, adaptive, and unified supply chain planning’ Rapid grocery delivery firm, Getir, is partnering with RELEX Solutions. This will see it gain an integrated […]
5 min read
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  1. Channel: Grocery

Kroger Opens New “Spoke” Facility In Kentucky

Kroger this week opened a new “spoke” delivery facility in Independence, Kentucky, which will serve customers in the northern part of the state. According to the company, the spoke facility “will work in conjunction with the Monroe, Ohio fulfillment center. All orders are picked at the products’ peak freshness within the Monroe facility. Associates carefully […]
2 min read
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  1. Channel: Ecommerce & Digital

AutoStore to stump up £200 million as it resolves retail technology legal battle with Ocado Group

Norwegian robotics specialist AutoStore is to pay £200 million to British online grocery retailer and tech supplier Ocado Group as part of a deal to settle all outstanding patent litigation claims. Both companies licence their technology to retailers and had been involved in legal battles to defend their intellectual property. They are now able to […]
2 min read
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  1. Technology & Innovation

Retail technology innovation of the week: Ocado Retail makes major UK recycling and circular economy move

Retail Technology Innovation of the Week is a new series from RTIH highlighting stand out deployments, launches, and initiatives. Every week, we will showcase forward thinking tech plays that have impressed our Editor and the Retail Technology Innovations Report judging panel, in the run up to the publication of the 2024 report early next year. […]
3 min read
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  1. Channel: Ecommerce & Digital

Ocado Retail enlists Polytag and Bower for UK-based package recycling reward initiative

For the first time, Ocado customers will receive a 20p monetary reward for scanning and recycling packaging using their smartphones.  The retailer has teamed up with Polytag and Bower to deliver the initiative, starting from today. Customers can scan a QR code printed onto Ocado’s own brand two and four pint milk bottles, which have […]
3 min read
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  1. Channel: Ecommerce & Digital

Ocado Group announces appointment of Gregor Ulitzka as President, Europe, Ocado Solutions

Ocado Group has appointed Gregor Ulitzka as its first President, Europe for Ocado Solutions. In this role he will lead the firm’s operations across the region, growing relationships with current partners and bringing new retailers to the Ocado Smart Platform (OSP). Ulitzka joins Ocado from Amazon, where he worked for over 10 years, most recently […]
2 min read
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  1. Channel: Ecommerce & Digital

Report:  Amazon Not Interested In Acquiring Ocado

Reuters reports that “Ocado shares fell as much as 11% on Wednesday, with traders attributing the drop to a media report that Amazon had denied speculation it would make a bid for the British retail company. “Shares in Ocado were down 6.5% at 1430 GMT, while Amazon shares were up 1.4%. “On June 22, Ocado […]
< 1 min read
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  1. Channel: Ecommerce & Digital

Ocado shares jump more than 40% on speculation of Amazon takeover

​The report suggests that big technology players could be weighing up their options with regards to Ocado and picks out Amazon as a potentially interested party.  KEY POINTS Shares of British online grocer Ocado Group soared more than 40% Thursday after The Times newspaper reported “speculation of bid interest from more than one American suitor.” The report suggests that […]
2 min read
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  1. Channel: Grocery

Your Views: “Think Big, Think Positive, Never Show Any Sign Of Weakness”

Yesterday, we posted this email from an MNB reader, commenting on kroger’s recent Q1 numbers: The one thing that stands out for me is the 50% increase in quarterly earnings versus year prior. Marginal sales improvement versus a 50% increase in earnings. It is quite obvious that Kroger is fattening up their cash position to […]
2 min read
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  1. Technology & Innovation

Journey’s end: robotics startup Karakuri collapses after failing to secure new funding

Ocado backed robotics startup Karakuri, which was founded in 2018, is winding down its operations. The firm, which developed technology for the QSR industry, had been in talks to secure additional funding, and had recently discussed a rescue deal with Henny Penny, a US-based food-service equipment manufacturer. But those negotiations fell through. Big news! @Jestic_Ltd […]
2 min read
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  1. Operations & Supply Chain

Shopify Lays Off Employees, Sells Off Logistics Business

The Information reports that Shopify plans to “lay off 20% of employees and would sell its logistics business to Flexport, as the e-commerce company pushes to cut costs further and refocus on its core business.” The moves come as the company said that its Q1 revenue increased 25% to $1.5 billion, compared to the same […]
2 min read
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  1. Channel: Ecommerce & Digital

Ocado Group announces an agreement to acquire 6 river systems

Ocado Group has announced it has reached agreement with Shopify over the acquisition of 6 River Systems. 6 River Systems is a collaborative AMR (Autonomous Mobile Robot) fulfilment solutions provider… The post Ocado Group announces an agreement to acquire 6 river systems appeared first on Latest Retail Technology News From Across The Globe – Charged.
< 1 min read
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  1. Channel: Ecommerce & Digital

Usdaw to enter into talks with Ocado over proposed site closure

Retail and distribution trade union Usdaw is to enter into consultation talks with online retail giant Ocado after it announced the proposed closure of its Hatfield customer fulfilment centre, with plans to move work to their facility in Luton. Dave Gill, Usdaw national officer, said: “This proposal is obviously very concerning for our members and […]
< 1 min read
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  1. Channel: Grocery

Kroger opens Austin fulfillment spoke

CINCINNATI — Kroger Co. last month opened its latest fulfillment “spoke” in Austin, Texas, allowing the grocery retailer to expand the reach of a customer fulfillment center (CFC) already operating in the Dallas area and powered by technology from U.K.-based Ocado Group PLC. “Austin is one of the fastest-growing cities in the country, and we […]
2 min read
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  1. Technology & Innovation

Featuring Grab2Go, Karakuri, and Valtech: RTIH’s biggest retail technology articles on LinkedIn right now

We’re big fans of LinkedIn and are busy building an amazing community of retail tech enthusiasts on the social media platform. These are the articles that are currently on their radars, including Specsavers, Nando’s, Amazon, Tesco, Obsess, Covariant, and In The Style. Valtech announces partnership with Specsavers to optimise optical retailer’s customer facing technology Having […]
4 min read
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  1. Channel: Ecommerce & Digital

Ocado appoints Pepco CFO as new chief financial officer

Ocado has announced the appointment of new chief financial officer, Mat Ankers, who will oversee the group’s finance, operations, IT and insights. Ankers brings years of expertise, working at retailers… The post Ocado appoints Pepco CFO as new chief financial officer appeared first on Latest Retail Technology News From Across The Globe – Charged.
< 1 min read
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  1. Channel: Ecommerce & Digital

British court dismisses AutoStore’s patent infringement suit against Ocado

A British court ruled that Ocado did not infringe on two of AutoStore’s warehouse technology patents. AutoStore initially claimed in 2020 that Ocado infringed on six patents. Four of those were invalidated or withdrawn before the London case. “Our fulfillment centres can freely operate in light of this judgment,” said an Ocado spokesperson.
< 1 min read
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Editor’s Choice

  1. Channel: Grocery
  2. Channel: Mass
  3. Department: Adult Beverage
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  5. Department: HBC
  6. ESG
  7. Partnerships & Alt Profit
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Hy-Vee launches RedMedia omnichannel retail media network

Hy-Vee launched the full-scale version of its retail media network, called Hy-Vee RedMedia, at the Groceryshop 2023 conference this week in Las Vegas. The West Des Moines, Iowa-based retailer described the platform as a disruptor in the retail media landscape that will connect brands directly with Hy-Vee’s customer base across multiple platforms, including both online […]
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  1. Channel: Delivery
  2. Channel: Ecommerce & Digital
  3. Channel: Grocery
  4. Channel: Grocery - Natural
  5. Department: Food
  6. Acquisitions, Divestitures & Mergers
  7. Corporate Finance
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  12. Trends & External Forces
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  14. Operations & Supply Chain
  15. Stores & Formats

Instacart stock languishes after IPO

Instacart saw its share price erode in the two days following its initial public offering, after it rose 12.7% in its first day of trading on the NASDAQ exchange. The stock settled down to just slightly over its IPO price of $30 per share on Wednesday, its first full day on the exchange, then ranged […]
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  1. Retailer Media

Retail Media Metrics

#30DaysofRetailMedia | Day 21: Retail Media Metrics Metrics help brand advertisers measure retail media effectiveness. Key performance indicators (KPIs) span the full marketing funnel, as consumers can enter anywhere. Brand advertisers: 🎯 Choose KPIs according to their objectives📊 Measure baseline results for meaningful comparisons🌟 Review their metrics for data insights to optimize their processes and […]
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  1. Holiday & Events
  2. Trends & External Forces
  3. Holiday & Events

The big chill: Holiday retail sales 2023 expected to slow

Experts predict slow growth in 2023 holiday sales as consumers tighten their belts in a tough economy, but e-commerce will remain a bright spot. Stores are filling with displays of holiday decorations and holiday-themed merchandise as retailers eagerly prepare for the annual shopping surge, but consumers may not be as excited. Forecasts for 2023 holiday […]
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