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Sales growth rises at Ocado
News Online grocer Ocado said it expects year on year gross sales growth of around 13% for the 12 weeks ending 13 May as demand for online food shopping grows and it overcomes constraints at its warehouse in Hatfield.
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Ocado sees acceleration in sales
News Online grocer Ocado said it expects to see an acceleration in sales growth as the year progresses as its Hatfield distribution centre, which suffered capacity problems in November, is now running at record levels of capacity.
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Why you should avoid Ocado shares
Features The fact that delivery company Ocado failed to make a profit in 2011 should come as no surprise. But will it ever make a decent return for its investors? Phil Oakley investigates.
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Ocado expects sales growth to improve
News Groceries delivery firm Ocado is still losing money, albeit at a slower rate, but reckons its sales growth in 2011 outdid others in the sector, while top-line growth in 2012 should accelerate once its sorts out its capacity constraints.
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Ocado CFO off to Michael Page
News There is to be a small shake-up at the top at groceries deliverer Ocado after the group's Chief Financial Officer, Andrew Bracey, announced his intention to turn over a new leaf at Michael Page, the recruitment firm.
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Ocado enjoys festive bounce
News Online grocer Ocado enjoyed a festive surge with gross sales in the seven trading days to Christmas rising 23.8% from the same period in 2010.
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HMV eyes Live sale as Christmas disappoints
News HMV, the troubled music retailer, has dropped 6.7% this morning after reporting like for like (LFL) sales down 8.1% over the crucial five weeks to the end of December when compared to the same period of 2010.
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JD Sports confirms Blacks talks
News Sports fashion wear retailer JD Sports Fashion has confirmed press speculation that it is in talks to buy assets of struggling camping equipment retailer Blacks Leisure and that talks are at an advanced stage.
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JD Sports front-runner to acquire Blacks Leisure
News Retailer JD Sports Fashion is reportedly in the box-seat to scoop up the juicy bits of Millets stores owner Blacks Leisure after the outdoor goods group goes into administration.
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