Ocado has revealed plans to scale back its research and development workforce in the UK and globally as it remained loss-making last year despite a resurgent performance from its online retail arm.

The group, which runs robotic warehouses for other chains alongside its Ocado Retail business as a joint venture with M&S, said it was trimming investment on R&D to cut costs, having spent more than £ ...

Ocado has revealed plans to scale back its research and development workforce in the UK and globally as it remained loss-making ... forecasting revenues to rise by more than 10% in 2025. Its robotic ...

The group added that its price increases 'remained well below UK grocery inflation of 3 per ... Sobeys has paused the opening of a fourth warehouse. Ocado said at least seven more customer ...

Ocado's annual figures shine light on a healthy performance; the robotics-driven warehouse logistics section ... "Ocado Retail in the UK continues to lead the way as consistently the fastest ...

Ocado Group ( LON:OCDO ) Full Year 2024 Results Key Financial Results Revenue: UK£1.21b (down 57% from ... is driven by the sale of its cutting-edge warehouse technology to retailers around ...

The group runs an online supermarket through a joint venture with Marks & Spencer, though its value is driven by the sale of its cutting-edge warehouse technology to retailers around the world. Ocado ...

Ocado Group PLC closed 51.88% short of its 52-week high of £4.96, which the company achieved on March 21st.

Ocado was once hailed as the UK’s big tech hope, selling its cutting-edge grocery warehouse technology to the world. It hasn’t happened yet. Could this be a FTSE 250 winner one day? Ocado shares ...