Blog: Ocado looks to answer challenges
Dean Best | 29 March 2010
News that Ocado is looking to nail down a site for another distribution centre seems to answer one of the central questions fired at the UK online retailer - that it needs to demonstrate plans for expansion.
The company, which is insisting its plans for an IPO this summer will succeed, is facing questions from potential investors - notably on how it will expand, deliver profits and how it will deal with its unorthodox relationship with Waitrose, a company with its own online operations.
All these issues are discussed in just-food's latest 'in the spotlight' piece here and are central to whether investors, at a time when the market for IPOs remains unpredictable, believe in the strength of the Ocado business.
Danone completed its US$12.5bn acquisition of WhiteWave Foods this week. The move will roughly double Danone's presence in North America, where WhiteWave is a top four dairy player. ...
Premier Foods plc revealed today (28 March) it has secured a deal with its pension scheme trustees that will see the UK food maker reduce its pension burden....
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....
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