Ocado Group in the news

UK grocery inflation edged up while sales growth slowed, with Ocado Retail leading in sales increases for the 30th consecutive time.

Ocado Group leads growth in a shifting UK grocery market characterized by rising inflation, moderating sales, and selective consumer spending.

Ocado, launched in 2002 with Waitrose, delivers groceries using dedicated warehouses and advanced logistics to offer a convenient shopping alternative.

The Thai government has launched a dedicated shop on Ocado.com to promote Thai food brands and products to UK consumers.

Ocado Retail reached 600,000 weekly orders, while Ocado Group opened an advanced automated fulfillment center in South Korea with Lotte Shopping.

Gymshark has appointed David Maskell as Supply Chain Manager and Shaun Perkinson as CTO, while former CTO John Douglas retired after five years of service.

Ocado Group shares slightly increased on Friday, outperforming the market but remaining significantly below its 52-week high.

Ocado Group PLC shares fell 1.61% on Tuesday, closing 34.28% below its 52-week high amid a poor market session.

Lingotto Investment Management LLP changed its holding in Ocado Group PLC, decreasing its total voting rights from 15.15% to 11.97%.

Ocado Group's co-founder Tim Steiner is to be replaced as CEO in 2028, following board pressure and declining share performance, as the company faces profitability challenges in its tech division despite a profitable retail joint venture.

Ocado Group CEO Tim Steiner will step down in 2028 amid stock slump and a strategic pivot towards smaller automation solutions.

Ocado Group's Chief Commercial Officer discusses adaptable automation, software's critical role, and Ocado IQ's new capabilities at MODEX 2026.