Ocado

  1. Channel: Ecommerce & Digital

Online-only grocer Ocado cancels delivery on Her Majesty’s funeral day

Online-only grocer Ocado has cancelled all deliveries on Monday as a “mark of respect” on the day of Queen Elizabeth II’s funeral. The supermarket joins Big 4 grocer Tesco, which… The post Online-only grocer Ocado cancels delivery on Her Majesty’s funeral day appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Channel: Ecommerce & Digital

Ocado Retail appoints Hannah Gibson as new CEO

Ocado Retail has promoted Hannah Gibson, the chief product officer of its technology division, to CEO. Gibson, who has been at the grocery giant for 10 years, replaces Mel Smith,… The post Ocado Retail appoints Hannah Gibson as new CEO appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Channel: Ecommerce & Digital

Ocado opens its third Zoom site for electric last-mile deliveries in London

Ocado has opened its third site in London for its electric last-mile delivery service owned by Ocado Retail, Zoom. Zoom vehicles are a mix of electric refrigerated vans and pedal-powered… The post Ocado opens its third Zoom site for electric last-mile deliveries in London appeared first on Latest Retail Technology News From Across The Globe […]
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  1. Channel: Ecommerce & Digital

Identity crisis: is Ocado a tech company or a retailer?

For many, Ocado is best known via its fleet of over 1,700 colourful delivery vans which have helped to carve the image of the online grocery giant over the course… The post Identity crisis: is Ocado a tech company or a retailer? appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Channel: Ecommerce & Digital

Ocado ‘never busier’ talking to potential new tech partner

Online only grocer, Ocado, has “never been busier” in speaking to potential new purchasers of its automated warehouse technology, its CEO, Tim Steiner has revealed. “We have never been busier… The post Ocado ‘never busier’ talking to potential new tech partner appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Channel: Ecommerce & Digital

Ocado Retail CEO stepping down after 3 years at the helm

Ocado Retail chief executive Melanie Smith CBE is stepping down from her role, after three years at the grocery giant. Melanie will be handing the top role over to Lawrence… The post Ocado Retail CEO stepping down after 3 years at the helm appeared first on Latest Retail Technology News From Across The Globe – […]
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  1. Department & Category

Food Expense Management Platform Sharebite Nets $39M for Expansion

Sharebrite, a food benefits platform, announced Tuesday (June 28) that it has closed a Series B round for $39 million, which it intends to use to add more products to “serve the evolving needs” of modern workplaces. The press release noted that tighter labor force conditions have pushed more companies to consider augmenting employee benefits, […]
2 min read
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  1. Channel: Ecommerce & Digital

Ocado to raise £575 million for tech arm growth

Ocado is planning to raise £575 million ($704.2 million) through a placing of new shares to help fund the growth of its tech arm. The online supermarket and technology group… The post Ocado to raise £575 million for tech arm growth appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Channel: Grocery

Kroger Reports First Quarter 2022 Results and Raises Full-Year Guidance

"Kroger achieved strong first quarter results as we successfully executed on our strategy of Leading with Fresh and Accelerating with Digital. We are incredibly proud of our associates who continue to put the customer at the center of everything we do. Our team is doing an outstanding job managing costs in an inflationary environment, which is allowing us to continue to invest in our associates while providing our customers the freshest food at affordable prices when and where they need it. We are delivering everyday value through personalized experiences, trusted Our Brands products, data-driven promotions, and seamless e-commerce solutions. Looking ahead, we are well positioned to continue delivering for our customers, investing in our associates, and driving sustainable returns for shareholders."
8 min read
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  1. Technology & Innovation

Nomagic picks up $22M for its e-commerce warehouse picking robots

Robotics are playing a growing role in the world of e-commerce logistics and fulfillment — where they are seen not just as a way to speed up operations but to drastically reduce the costs of running them — and today a startup developing software and hardware specifically in the area of robot picking is announcing […]
3 min read
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  1. Channel: Ecommerce & Digital

Ocado to purchase robotics start-up Myrmex for £8.1m

Ocado is purchasing materials handling robotics start-up Myrmex Inc for £8.1m ($10.2m), it announced on Monday. The online supermarket acquired a minority stake in Athens-based Myrmex in 2020 and assigned… The post Ocado to purchase robotics start-up Myrmex for £8.1m appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Channel: Ecommerce & Digital

Ocado directors purchase cut-price shares

Ocado directors have recently taken the opportunity to purchase cut-price shares, increasing their personal stakes in the retail tech firm. Non-executive chair Rick Haythornthwaite bought £100,000-worth of shares, while Ocado… The post Ocado directors purchase cut-price shares appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Channel: Grocery

Kroger Reports Fourth Quarter and Full-Year 2021 Results

The Kroger Co. (NYSE: KR) today reported its fourth quarter and fiscal year 2021 results and provided 2022 guidance.
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  1. Channel: Mass

Queen Bees : Q-commerce, the on-demand world and the changing meaning of online retailing

Online retailing is now close to 30 years old.  It has seen an almost relentless growth over much of this period, accelerated by events such as Black Friday and Christmas, and more recently super-charged by the pandemic and lockdown.  The graph of the increasing penetration of online sales in the UK has become well known. […]
3 min read
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  1. RetailWit QuickWit

Daily QuickWit (9/24) – Top Retail News of the Day

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 […]
2 min read
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  1. RetailWit QuickWit
QuickWit

Daily QuickWit (7.6) – Top Stories of the Day

Another week, another Ransomware attack. The same group behind the JBS attack hit Kaseya, an IT firm that powers retail technology. The attack affected Swedish retailer, Coop. One thing is for certain: retailers need to focus on cybersecurity efforts, identify and build in redundancy in their systems—this will not be the last ransomware attack. Andy […]
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  1. RetailWit QuickWit

QuickWit Weekly 4.19 – Last Week’s Top Stories in Retail

Here are last week’s top stories in Retail: Kroger opens the first Customer Fulfillment center – Kroger & Ocado Group are out of pilot mode and the CFC is officially online to the public. They have been piloting with Kroger employees for the past couple months. This is definitely a game changer. Hopefully the next […]
2 min read
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  1. RetailWit Special News

Last Week’s Top Stories

What’s better than President’s Day? The top stories of Retail, curated by Retailwit. Experts weigh in on private label’s future – we have come a long way from the humble roots of Private Label from the lowest cost “generic” or “knock off” of national brand to today as some of the most powerful and fastest […]
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  1. Channel: Convenience

Black Friday: brush up on prices as that ‘deal’ might not be a bargain

Electric toothbrushes are, once again, featuring highly in adverts for the Black Friday sales, with retailers making extraordinary boasts about discounts. Amazon claims to have slashed the price of an Oral B toothbrush by 74% from GBP229.99 to GBP59.99, while at Boots, a Philips Sonicare brush is “better than half-price”, down from GBP140 to GBP50. […]
3 min read
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  1. CPG: Food

Catalogues make a comeback in UK amid festive Covid curbs

High street retailers and websites in the UK are returning to traditional catalogues and leaflets to grab the attention – and spending power – of shoppers stuck at home during the biggest shopping period of the year. With most stores closed and a large proportion of people working from home, many have more time to […]
3 min read
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Kroger Delivers its First-Party Data to the Yahoo DSP

Yahoo Advertising and Kroger Precision Marketing (KPM) — the retail media business of Kroger, powered by 84.51° — are teaming up to bring Kroger’s first-party, purchase-based audiences to the Yahoo Demand-Side Platform (DSP). Yahoo DSP advertisers can now activate KPM’s audiences to reach targeted consumers with their advertising and measure campaign results. While off-site advertising […]
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Amazon tops expectations for revenue, earnings

SEATTLE – Amazon posted better-than-expected revenue and earnings in the quarter ended March 31. Net sales increased 13% from a year earlier to $143.3 billion. The company reported first-quarter net income of $10.4 billion, or 98 cents a diluted share, compared to $3.2 billion a year earlier. Amazon’s operating income surged to $15.3 billion, up […]
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Walmart to close all 51 health centers

BENTONVILLE, Ark. — Walmart today said it has made the “difficult decision” to close its Walmart Health and Walmart Virtual Care clinics, citing a lack of profitability. “The decision to close all 51 health centers across five states and shut down the virtual care offering was not easy. We understand this change affects lives – […]
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