PYMNTS-MonitorEdge-May-2024

Ocado Group

CE 100 Index Adds 1.9% as C3.ai and Porch Lead Gainers
CE 100 Index Adds 1.9% as C3.ai and Porch Lead Gainers
March 04, 2024  |  Connected Economy

The Connected Economy 100 Index notched a 1.9% gain as February gave way to March. And of the 10 pillars, only one — the Be...

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Ocado Retail Drives eGrocery Adoption as Digital Channels Gain Share
Ocado Retail Drives eGrocery Adoption as Digital Channels Gain Share
January 16, 2024  |  Earnings

With online grocery eating away at brick-and-mortar players’ market share, Ocado Retail is seeing its revenue rise. The joint venture between British grocery technology company...

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Ocado Joins Online Grocery Companies Expanding Beyond F&B
Ocado Joins Online Grocery Companies Expanding Beyond F&B
November 15, 2023  |  eCommerce

Ocado Group is applying its technology outside the online grocery space for the first time, making it the latest eGrocery company to expand beyond the...

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Holiday Season Will Put Pressure on Consumers’ Grocery Budgets
Holiday Season Will Put Pressure on Consumers’ Grocery Budgets
September 27, 2023  |  Economy

During seasons of high spending, such as over the holidays, many consumers are forced to cut back on basic needs such as food and beverages,...

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Can eGrocery’s Profitability Challenges Be Fixed With AI Procurement?
Can eGrocery’s Profitability Challenges Be Fixed With AI Procurement?
July 21, 2023  |  artificial intelligence

As grocers struggle to make their eCommerce businesses as profitable as brick-and-mortar channels, artificial intelligence (AI) can help close the gap. In an interview with...

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Amazon’s Rumored Interest in Ocado Bodes Poorly for Incumbent Grocers
Amazon’s Rumored Interest in Ocado Bodes Poorly for Incumbent Grocers
June 22, 2023  |  Retail

Reports that Amazon, among other U.S. tech companies, might be interested in British grocery technology company Ocado Group could mean a dramatic shift in the...

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Grocery Shoppers Buy Fewer Items but Maintain Quality Amid Inflation
Grocery Shoppers Buy Fewer Items but Maintain Quality Amid Inflation
January 20, 2023  |  Retail

Price-sensitive grocery shoppers are likelier to reduce the number of items purchased than sacrifice quality. The Data in Action United Kingdom online grocer Ocado Retail,...

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Kroger Opens First Ocado-Powered Fulfillment Center
Kroger Opens First Ocado-Powered Fulfillment Center
April 14, 2021  |  Retail

Kroger is debuting a customer fulfillment center (CFC), which will combine “vertical integration, machine learning and robotics with affordable, friendly and fast delivery service for...

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US Tech Retailers Left With Empty Shelves; Mall Operator Simon Shuts Down
US Tech Retailers Left With Empty Shelves; Mall Operator Simon Shuts Down
March 19, 2020  |  Coronavirus

The coronavirus is closing malls and leading to layoffs at restaurants while boosting laptop sales amid a move to remote work, among other economic impacts. Here are...

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