Tim Steiner

Marks & Spencer’s landmark tie-up with Ocado will have “very limited” space for any new customers to purchase its goods online.

Ocado shareholders revolt against CEO’s £54m bonus

May 7, 2020

Ocado’s shareholders yesterday revolted against “excessive” pay rises for its executives, including a £54 million bonus for its chief executive. The online grocer’s shareholders expressed their opposition to an £88…

Ocado’s share price has skyrocketed since the start of the UK’s lockdown seeing growth in value well above the likes of Amazon.

Ocado sees revenues nearly quadruple in Q2 as it delivers “more groceries than ever before”

Ecommerce News

Financial results Ocado Ocado Solutions second quarter Tim Steiner

May 6, 2020

Ben Stevens

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Ocado has seen its retail revenues grow 40.4 per cent in its second quarter as the coronavirus pandemic sees it deliver “significantly more groceries to households than ever before”. The…

Ocado has seen its market share of the UK grocery sector hit an all time high amid a dramatic increase in online grocery sales.

£59m payout for Ocado’s boss Tim Steiner despite company’s £214m loss

Companies News

Duncan Tatton-Brown Ocado Tim Steiner

February 13, 2020

Ben Stevens

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Ocado’s chief executive Tim Steiner is set to receive a near £60 million bonus despite his company reporting posting a whopping £214 million loss last year. Steiner and another four…

Ocado posts £214m loss as it invests in first “state-of-the-art robotic facilities” overseas

Companies News

M&S Marks & Spencer Ocado Tim Steiner

February 11, 2020

Ben Stevens

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Ocado revealed a £214 million loss over its last year coming well above analyst expectations thanks to heavy investments in robotic warehouses overseas. The online grocery giant posted a pre-tax…

Ocado could soon deliver groceries via driverless vehicles and robots

Automation Delivery / Supply Chain Ecommerce News

Driverless M&S Marks & Spencer Ocado Robots Tim Steiner

January 15, 2020

Ben Stevens

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Ocado could soon be delivering groceries via driverless vehicles and robots which carry your order to your door. Tim Steiner, the online grocery retailer’s chief executive, told NRF this week…

Ocado signs up for partnership with Japan’s Aeon

Delivery / Supply Chain Ecommerce

Aeon Customer Fulfilment Centres deal Japan Ocado Technology Tim Steiner

November 29, 2019

Ava Szajna-Hopgood

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British supermarket Ocado has signed a deal for a technology partnership with Japanese firm Aeon. The online-only grocer on Friday revealed it would team up with Aeon to help develop…

Ocado to open first ‘mini’ fulfilment centre in Bristol

Automation Companies Delivery / Supply Chain News

Automated Avonmouth Bristol fulfilment centre Ocado Tim Steiner

November 28, 2019

Ben Stevens

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Ocado is opening a new ‘mini’ robotic warehouse in Bristol as it demonstrates its ability to roll out its automated technology at speed. The 150,000sq ft site will be completed…

Ocado sues its own co-founder in bitter legal dispute worth “hundreds of millions”

Companies Delivery / Supply Chain

Jonathan Faiman M&S Marks & Spencer Ocado TDP Tim Steiner Today Development Partners

September 23, 2019

Ben Stevens

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Ocado is suing its co-founder Jonathan Faiman while his new company, Today Development Partners (TDP), issues a counterclaim worth “hundreds of millions” amid an escalating legal battle. Accusations of corporate…

Ocado and M&S’ new joint venture enjoys double-digit growth

Automation Companies Delivery / Supply Chain News

Andover M&S Marks & Spencer Morrisons Ocado Tim Steiner

September 17, 2019

Ben Stevens

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Ocado Retail has enjoyed double-digit growth over the third quarter, marking the first set of results since the launch of its £1.5 billion joint venture with Marks & Spencer. M&S…

Ocado reports major losses as it reveals £100m cost of fire

Automation Companies News

Andover Fire Half year Ocado Tim Steiner

July 9, 2019

Ben Stevens

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Ocado has reported a half year loss of £43 million as it revealed the extend of the damage to its operations caused by a fire at its fulfilment centre earlier…

Google Cloud: How retailers are innovating for the “new normal” of the future

09/07/2020 11:17 AM

Retailers need to accelerate their digital transformation efforts while also maintaining reliable customer experiences especially as expectations continue to grow. So, what will this involve?

The global pandemic has pushed businesses to transform their daily operational functions, especially within the retail space. From rapid adoption of safety protocols in grocery stores to innovative new ecommerce…

Tim Steiner

Ocado shareholders revolt against CEO’s £54m bonus

Ocado sees revenues nearly quadruple in Q2 as it delivers “more groceries than ever before”

£59m payout for Ocado’s boss Tim Steiner despite company’s £214m loss

Ocado posts £214m loss as it invests in first “state-of-the-art robotic facilities” overseas

Ocado could soon deliver groceries via driverless vehicles and robots

Ocado signs up for partnership with Japan’s Aeon

Ocado to open first ‘mini’ fulfilment centre in Bristol

Ocado sues its own co-founder in bitter legal dispute worth “hundreds of millions”

Ocado and M&S’ new joint venture enjoys double-digit growth

Ocado reports major losses as it reveals £100m cost of fire

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Google Cloud: How retailers are innovating for the “new normal” of the future

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