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July 22, 2024 at 1:31 AM. By James Davey. LONDON (Reuters) -British online supermarket and technology group Ocado said on Monday its U.S. partner Kroger had placed an order for a wide range of new ...
Tim Steiner OBE (born 9 December 1969) is a British businessman who is the co-founder and chief executive (CEO) of Ocado, the FTSE 100 online grocery and technology business. As of May 2023, Ocado had a market capitalisation of nearly £3 billion. [1] The 2020 Sunday Times Rich List estimates that Steiner is worth £403 million. [2]
Ocado Group plc. Ocado Group plc is a British business based in Hatfield, England, which licenses grocery technology. It also owns a 50% share in the UK grocery retail business Ocado.com (the other 50% is owned by UK retailer Marks & Spencer ). The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index .
In 2019, M&S paid up to £750 million (dependent on future performance) for 50% of online retailer Ocado Retail Ltd, displacing Waitrose as Ocado's retail partner. [154] Since 2020, [ 155 ] customers are directed to Ocado's website where they can order food and selected clothing items. [ 156 ]
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Richard Neil Haythornthwaite, known as Rick, (born December 1956) is a British business executive. He has led several companies including being the chairman of MasterCard and the Creative Industries Federation. He has been appointed as the independent non-executive chairman of Ocado Group, stepping in by the time of the company's May 2021 ...
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