The Trade Desk, a leading global ad tech company, has announced a groundbreaking partnership with Ocado Retail, the world’s largest dedicated online supermarket. This collaboration is set to transform the way advertisers connect their campaigns with customer sales across the open internet. In a pioneering move for the UK’s grocery retail industry, Ocado will provide …
Ocado’s strategic appointment of a seasoned professional from the renowned Tesco Grocery division. As the retail landscape grows more competitive, Ocado has chosen to bring on board a new Chief Commercial Officer (CCO) with a wealth of experience and insights. Ocado, the online grocer, has named Amit Chitnis, formerly the grocery category director at Tesco, …
From what we can discern, the past 12 months witnessed a surge in insider activity within Ocado Group plc (LON: OCDO). Notably, insiders displayed a greater inclination towards acquiring rather than offloading company stocks. While insider transactions may not hold paramount importance in the realm of long-term investments, it is prudent to pay heed to …
“Insider Boosts Stake in Ocado Group Over Past Year” Read More »
Are you ready for an epic battle in the supermarket realm? Hold on tight as Ocado, one of the leading online grocery retailers, steps up its game to price-match its fiercest competitor, Tesco. In this thrilling confrontation, these giants are vying for your attention, bringing you incredible deals and discounts that will make your shopping …
In a creative collaboration with independent agency St Luke’s, Ocado has launched a dynamic multi-media campaign showcasing their expansive Price Promise. Leading the campaign is a captivating TV spot that takes a unique approach to the ubiquitous “value” icons that typically materialize out of thin air in traditional supermarket commercials. St Luke’s has ingeniously transformed …
Shares of leading online grocery specialist Ocado (OCDO) experienced a downturn, relinquishing their early gains and plunging by over 5% to 426p. Interestingly, this transpired despite the remarkable surge of nearly 14% in customer acquisitions during the 13-week period ending on February 26th, in comparison to the corresponding period of the preceding year. Operating as …
“Ocado Shares Slide Despite Growing Customer Base” Read More »
In a stunning turn of events, Ocado Group, the renowned British online supermarket and technology business, witnessed a sharp decline in its shares on Wednesday, reaching a level unseen in over five years. Market analysts predict that this drastic downturn may result in Ocado’s anticipated removal from the prestigious FTSE 100 index, making way for …
“Ocado’s Stock Plunges, Setting New Low Since 2017” Read More »
London, United Kingdom – In a significant development for the UK’s financial landscape, property developer British Land is being relegated from the prestigious FTSE 100 index after a 21-year run. The company’s value has been severely impacted by rising interest rates and the disruption caused by last autumn’s mini-budget. Meanwhile, online supermarket and retail technology …
“Ocado Holds its Position : British Land Relocated from FTSE 100” Read More »
When the stock markets open, my daily routine as an astute investor commences with a diligent search for the FTSE 100’s most significant decliners. Driven by my unwavering pursuit of undervalued assets poised for a turnaround, I carefully target shares that have stumbled just before their fortunes reverse. One company that frequently emerges on my …
“Unlocking Ocado: London’s Best Bargain at under 345p” Read More »
In a remarkable feat during 2020, Ocado surpassed Tesco to claim the coveted title of the UK’s most valuable retailer, reaching an impressive valuation of £21.7 billion in September. Celebrated as one of the “pandemic winners,” the company’s grocery retail business thrived amidst the lockdown measures. The trading statement for the first half of 2020 …