UK: Ocado eyes float in 2010
UK online food retailer Ocado is targeting a float on the stock exchange next year, the company told just-food today (17 June).
A spokesperson for Ocado said the business was "aiming to do a float next year".
Last week, Ocado became embroiled in an advertising spat with Tesco, with its larger rival accusing the business of "misleading" price claims.
Ocado has already secured investment from consumer goods giant Procter & Gamble, which bought a 1% stake in the business in November.
Morrisons said today (19 November) that its sales growth was dented by lower food inflation in the third quarter, but insisted that its high growth rate was sustainable for the "foreseeable future"....
UK supermarket group Sainsbury's has insisted that its continued investment in food differentiates the company from the rest of the country's grocery retail market....
The publication by the UK's Scientific Advisory Committee on Nutrition (SACN) of increased energy requirements and the ensuing media reaction has threatened to undermine public health education about ...
Morrisons said today (19 November) that its third-quarter like-for-like sales growth had slowed. The news, coming hot on the heels of CEO Marc Bolland's announcement that he is moving to Marks and Spe...
The timing of Marks and Spencer's announcement that Morrisons CEO Marc Bolland will succeed Sir Stuart Rose at the helm of the company may have raised eyebrows in the City, coming as it does the day b...
The UK's major supermarkets should be broken up to stop them monopolising the market place, a leading adviser to the Conservative Party said yesterday (26 November)....
UK meat group Hilton Food Group has struck a deal to supply Danish retailer Coop Danmark....
UK supermarkets could do more to help stop dwindling fish stocks by supplying customers with sustainably sourced seafood, according to a report published today (26 November)....
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