Flash Report | October 26, 2020 Register for Free Access Introducing the New Coresight 100: The Companies Reinventing RetailWith 2020 having accelerated the pace of change in retail, we have re-evaluated the Coresight 100, our focus list of the top 100 of the largest and most influential companies in the global retail ecosystem. We introduce the new list of the top companies to watch, which spans eight sectors and now includes select innovators and private companies. Read More
Insight Report | October 31, 2019 Premium Supply Chain Briefing: Smart Routing Helps Streamline Warehousing and Delivery Through AlgorithmsSmart routing, which uses machine learning algorithms to optimize delivery routes, offers many benefits for both retailers and consumers, not least increased efficiency and reduced environmental impact. Read More
Company Earnings Update | September 18, 2019 Register for Free Access Ocado (LSE: OCDO) 3Q19 Trading Update: Surge in Customer Orders; JV on the Right TrackIn 3Q19, Ocado grew retail revenue 11.4% year over year, driven by a 12.1% rise in average orders per week. Read More
Company Earnings Update | July 10, 2019 Register for Free Access Ocado (LSE: OCDO) 1H19 Results: Losses Deepen Due to Andover Disruption; Solutions Growth Hampered by Morrisons HolidayOcado reported 1H19 total sales of £882.3 million up 10.9% year over year with retail and solutions revenues growing 10.2% and 20.6%, year over year, respectively. Read More
Flash Report | March 27, 2019 Register for Free Access Ocado Inks Another International Deal, Signing Up Australia’s Coles Group to the Ocado Smart PlatformOcado Group has signed Australian grocery retailer Coles to its Ocado Smart Platform. The companies will construct two robotic fulfillment centers and Coles will deploy Ocado’s store-picking technology. Read More
Company Earnings Update | March 20, 2019 Register for Free Access Ocado (LSE: OCDO) 1Q19 Trading Update: Strong Underlying Growth Partially Offset by FireOcado reported 1Q19 retail revenue of £404 million, up 11.2% year over year. The company’s average orders per week grew 11.3% year over year, but the average order size was down 0.2% year over year. Read More
Flash Report | February 27, 2019 Register for Free Access Marks & Spencer Confirms Joint Venture with OcadoThe UK’s Marks & Spencer and Ocado Group have confirmed that they are discussing a potential joint venture. A combined M&S-Ocado offering would offer M&S a way to sell online while circumventing the unfavorable economics of its typically small basket sizes. Read More
Flash Report | February 13, 2019 Register for Free Access Ocado’s First Fully Automated Distribution Center Destroyed by Fire, Threatening Confidence in Its Robotics OfferingFire devastated UK online grocery retailer and technology provider Ocado Group’s first robotic distribution center in Andover, England, which handled 10% of total capacity. Read More
Company Earnings Update | February 6, 2019 Register for Free Access Ocado Group (LSE: OCDO) FY18 Results: EBITDA Slides Due to Technology Investments and New Distribution Center OpeningThe company said in 2018 it signed international partnerships with Sobeys, ICA and Kroger to develop the Ocado Smart Platform in Canada, Sweden and the U.S. respectively. Management said that its partnerships are making “good progress.” Bon Preu launched its online offer in Catalonia in November; Groupe Casino continues building its first CFC in the south of Paris; Sobeys has also started building its first CFC site in the greater Toronto area; and Kroger has planned its first three CFCs out of a total of 20 CFCs within three years. In the U.K., Ocado has started to fulfill customer orders for Morrisons from its new facility at Erith. Read More
Deep Dive | July 10, 2018 Premium Artificial Intelligence in Retail, Part 2: What Retailers Are Doing with AIIn this report, we explore how retailers are applying AI across business functions. We studied 30 retailers to understand how they have implemented AI in their businesses. Read More
Flash Report | November 29, 2017 Register for Free Access Ocado Signs First Major International Agreement for Its Ocado Smart Platform;Deal SupportsGroupe Casino’s Online Grocery PushOcado has signed a deal with Groupe Casino to support Casino’s e-commerce service, beginning with Monoprix.fr. Read More
Company Earnings Update | July 6, 2017 Register for Free Access Ocado (LSE: OCDO) 1H17 Results: Solid Sales Growth ContinuesBritish online grocery retailer Ocado Group announced a 12.5% year-over-year increase in revenues for 1H17, above consensus analyst estimates. Read More
Company Earnings Update | March 15, 2017 Register for Free Access Ocado (LSE: OCDO) 1Q17 Update: Strong Growth Maintained as Inflationary Effects Creep InUK grocery pure-play Ocado reported total gross sales growth of 13.3% in its first quarter, ended February 26. Ocado’s own retail sales grew by 13.1%. Read More
Company Earnings Update | February 1, 2017 Register for Free Access Ocado (LSE: OCDO) FY16 Results: Strong Revenue Growth, But Costs Weigh On MarginsBritish online grocery retailer Ocado Group announced a 14.8% increase in revenues for the year ended November 27, 2016, marginally below the 15.1% growth that analysts expected. Read More