Another lockdown would be the Government’s “biggest blunder”, according to the chairman of Ocado. Lord Stuart Rose, the former executive chairman of Marks & Spencer, described the 10pm curfew that has been imposed on pubs and restaurants across England, Wales and Scotland for more than a fortnight as “bungled”. It […]
Ocado
M&S’s tie-up with Ocado is the turning point I’ve been waiting for
As economic activity gathers pace, we desperately need biotech to pick up the baton as a string of companies and countries seek to develop a vaccine. To a degree though the science and logistics already has. Talk of a second wave as we move closer to winter should make us less fearful […]
Ocado stuck in the queue as big payoff finally arrives
Meanwhile, its systems emphatically failed to cope with lockdown demand. Such was the surge in traffic to the website that Ocado servers thought they were under attack from cyber criminals. Many customers who were unable to get delivery slots for weeks went to Tesco, Sainsbury’s or Morrisons instead. Having spent […]
Ocado aims for supermarket sweep as online shopping star rises
One grocery rival says: “They’re already at capacity, how are they going to deliver all these new orders?” Investors may not care, however. Most of the excitement surrounding Ocado is focused on its prospects as a technology provider, able to sell the same set of robotic warehouses and website systems […]