UK: Ocado stock plummets on John Lewis share sale

By: just-food.com | 11 February 2011

Shares in Ocado plummeted 17.2% this morning (11 February) on news that the John Lewis Partnership pension trust sold its remaining stake in the UK-based online grocer.

just-food articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

Shares in Ocado plummeted 17.2% this morning (11 February) on news that the John Lewis Partnership pension trust sold its remaining stake in the UK-based online grocer.

  • Unlimited access to all the latest global food news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-food market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-food:

More articles related to this one

UK: Ocado to open Oxford distribution centre
UK online retailer Ocado is to open a distribution site in Oxford that is set to create up to 170 jobs.

Promo Tracker: Tesco ups promotional levels
Tesco significantly increased the number of products on offer during July, according to data from the latest Promo Tracker.

Online food retail - click-and-collect gains traction
In part two of this month's briefing on online food retail, Glynn Davis outlines the key operating models used by the main operators. Industry watchers believe retailers are moving away from using pickers in stores to allowing consumers to order online and collect either at their outlets or at specific warehouses.

Market research related to this article

Ocado and the UK Online Food & Grocery Market: Insight 2010
Verdict had the opportunity to visit Ocado's headquarters in Hatfield, Hertfordshire, and to sit down with the grocer's management team. We reveal some of our findings and analyse the long term prospects for the UK pureplay and the UK online food & g...

Online Food & Grocery: The Shopper Perspective
Addressing the increasingly important online channel in food and grocery retailing, this report presents authoritative research, analysis and insight into shoppers’ motivations and behaviour across the online path to purchase.The report offers detail...

Costco: The Pinnacle of Value
By 2009, Costco had overtaken Home Depot and Target to become the third largest US based retailer in revenue terms, and also the largest warehouse club in the US. This case study examines its operations to assess if the warehouse club format, or succ...

Welcome to the home of food information, insight & intelligence

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page