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Ocado
Ocado Group is a British business based in Hatfield, England, which licenses grocery technology. It owns a 50% share of Ocado.com (the other 50% is owned by UK retailer Marks & Spencer) and licenses its grocery fulfilment technology to global retailers, such as Kroger in the USA and Coles Group in Australia. The company was floated on the London Stock Exchange on 21 July 2010, and is a member of the FTSE 100 Index. Ocado.com or Ocado Retail Limited (ORL) is a British online supermarket and describes itself as 'the world's largest dedicated online grocery retailer'. History Ocado was founded in April 2000 by Jonathan Faiman, Jason Gissing and Tim Steiner, former merchant bankers with Goldman Sachs. Ocado was launched in January 2000 as a concept and started trading as a business in partnership with Waitrose in January 2002. When the company first started, Faiman, Gissing and Steiner ran every part of the business themselves. In September 2006, Michael Grade became non-execu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ocado Delivery
Ocado Group is a British business based in Hatfield, England, which licenses grocery technology. It owns a 50% share of Ocado.com (the other 50% is owned by UK retailer Marks & Spencer) and licenses its grocery fulfilment technology to global retailers, such as Kroger in the USA and Coles Group in Australia. The company was floated on the London Stock Exchange on 21 July 2010, and is a member of the FTSE 100 Index. Ocado.com or Ocado Retail Limited (ORL) is a British online supermarket and describes itself as 'the world's largest dedicated online grocery retailer'. History Ocado was founded in April 2000 by Jonathan Faiman, Jason Gissing and Tim Steiner, former merchant bankers with Goldman Sachs. Ocado was launched in January 2000 as a concept and started trading as a business in partnership with Waitrose in January 2002. When the company first started, Faiman, Gissing and Steiner ran every part of the business themselves. In September 2006, Michael Grade became non-e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jonathan Faiman
Jonathan Faiman (born 1969) was one of the three founders of online grocery and technology business Ocado in 2000. He left the business in 2008, before the company floated on the London Stock Exchange. Faiman sold most of his shares in Ocado in 2010 at the time of its IPO for a reported value of £7 million. If owned in May 2020, the shares would have been worth over £500 million. More recently, in 2018, he founded Today Development Partners, also known as TDP and T0DAY (spelled with a zero), also an online grocery business that was established to rival his former business Ocado. This business has been the subject of controversy and litigation. In July 2019, Faiman was sued by Ocado over allegations that Faiman had colluded with Jon Hilary, then a senior Ocado employee, to steal confidential information from Ocado in order to launch T0DAY. In June 2021, the case was settled following an admission of wrongdoing by the pair and Faiman making a "significant payment" to Ocado. Ocado ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Waitrose
Waitrose & Partners (formally Waitrose Limited) is a brand of British supermarkets, founded in 1904 as Waite, Rose & Taylor, later shortened to Waitrose. It was acquired in 1937 by employee-owned retailer John Lewis Partnership, which still sells groceries under the brand. Its head offices are located in Bracknell and Victoria, England. Waitrose & Partners has 332 shops across the United Kingdom, including 65 "little Waitrose" convenience shops, and a 5.1% share of the grocery market, making the company the twelfth-largest retailer of groceries in the UK. They also export products to 52 countries and have locations in the Middle East. The chain has been described by ''The Daily Telegraph'' and ''The Guardian'' as having an "upmarket" reputation, although former managing director Mark Price suggested prices are competitive to Tesco, a mid-market chain. The company also had a royal warrant to supply groceries, wine, and spirits to Queen Elizabeth II and, as of 1 January 2011 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jason Gissing
Jason Gissing (born 1970) is one of the founders of Ocado, the largest online supermarket in the world. Early life Gissing was born in the UK to a Japanese mother and English father and was educated at Oundle School in Northamptonshire and Worcester College, Oxford University. Whilst at Oxford University, Gissing was a member of the Bullingdon Club, an exclusive drinking society notorious for acts of vandalism on host premise(1) Career After graduating from university, Gissing worked as a bond trader at Goldman Sachs. In January 2000, he started Ocado with two former colleagues from Goldman Sachs, Tim Steiner and Jonathan Faiman. He became chief financial officer of the company. The company moved from a start-up to a household name during his 15 years there. In January 2014, Gissing announced that he would retire in May. On his departure, Ocado had sales of £1 billion and had made its first ever profit. In May 2018, Ocado joined the FTSE 100 The Financial Times St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tim Steiner (businessman)
Tim Steiner (born December 1969) is the co-founder and chief executive (CEO) of Ocado, the FTSE 100 online grocery and technology business. As of June 2020, Ocado had a market capitalisation of nearly £14 billion. The 2020 ''Sunday Times Rich List'' estimates that Steiner is worth £403 million. Early life Tim Steiner was born in December 1969. He was educated at Haberdashers' Aske's Boys' School, Haberdashers' Boys’ School in Elstree, Hertfordshire. He read Economics at the University of Manchester. Career In 1992, Steiner joined Goldman Sachs as a bond trader. He worked for them for eight years in London, New York and Hong Kong before leaving to co-found Ocado in 2000 with Jonathan Faiman and Jason Gissing. Faiman left the business before it floated on the London Stock Exchange in 2010 and Gissing left in 2014. Steiner remains Ocado's chief executive. In February 2020, it was announced that Steiner received a pay package of £58.7 million for the year to 1 D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Lewis Partnership
The John Lewis Partnership plc (JLP) is a British company which operates John Lewis & Partners department stores, Waitrose & Partners supermarkets, its banking and financial services, and other retail-related activities. The privately-held public limited company is owned by a trust on behalf of all its employees — known as ''Partners'' – and a bonus, akin to a share of the profit, is paid to employees. John Lewis has around 80,800 Partners/employees as of 2020. JLP group is the third-largest UK non-traded company by sales in ''The Sunday Times'' Top Track 100 for 2016. The chain's image is upmarket, and its customers are likely to be more affluent consumers. It was a member of the International Association of Department Stores from 2004 to 2010. The Partnership also supplied the Ocado web supermarket with Waitrose own-brand foods and John Lewis own-brand non-food items such as home items e.g. furniture. This deal expired in September 2020, when Marks & Spencer began a new ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Grade
Michael Ian Grade, Baron Grade of Yarmouth, (born 8 March 1943) is an English television executive and businessman. He has held a number of senior roles in television, including controller of BBC1 (1984–1986), chief executive of Channel 4 (1988–1997), Chairman of the Board of Governors of the BBC (2004–2006), and executive chairman of ITV plc (2007–2009). Since 2011, he has been a Conservative Party life peer in the House of Lords. In April 2022, it was announced by the Government that Grade would take up his four year appointment as Chairman of Ofcom from May 2022 and would move to the crossbenches in the House of Lords at the earliest practical opportunity. Early life Grade was born into a Jewish show business family originally called Winogradsky; his father was the theatrical agent Leslie Grade and his uncles were the impresarios Lew Grade and Bernard Delfont. When he was three years old his mother Lynn Smith left the family to conduct a relationship with wrestlin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marks & Spencer
Marks and Spencer Group plc (commonly abbreviated to M&S and colloquially known as Marks's or Marks & Sparks) is a major British multinational retailer with headquarters in Paddington, London that specialises in selling clothing, beauty, home products and food products. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index; it had previously been in the FTSE 100 Index from its creation until 2019. M&S was founded in 1884 by Michael Marks and Thomas Spencer (businessman), Thomas Spencer in Leeds. M&S currently has 959 stores across the UK, including 615 that only sell food products and through its television advertising, asserts the exclusive nature and luxury of its food and beverages. It also offers an online food delivery service through a joint venture with Ocado. In 1998, the company became the first British retailer to make a pre-tax profit of over £1 billion, although it then went into a sudden slump taking the company and its stakeho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard Haythornthwaite
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 annual general meeting to replace previous Ocado Chairman Stuart Rose. Early life Richard Neil Haythornthwaite was born in December 1956. He graduated from The Queen's College, Oxford, where he received a bachelor of science degree in geology. He earned a master's degree from the MIT Sloan School of Management as a Sloan Fellow. Career Haythornthwaite was an executive for BP from 1978 to 1995. He served as General Manager of the Magnus oilfield, operated by BP Exploration, and later served as the President of BP Venezuela. Haythornthwaite served as the Chief Executive for Europe and Asia and Group Chief Executive of Blue Circle Industries f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sobeys
Sobeys Inc. is the second largest supermarket chain in Canada, with over 1,500 stores operating across Canada under a variety of banners. Headquartered in Stellarton, Nova Scotia, it operates stores in all ten provinces and accumulated sales of more than C$25.1 billionhttps://www.empireco.ca/wp-content/uploads/2019/07/2019-Empire-AR.pdf in the fiscal 2019 operating year. It is a wholly owned subsidiary of Empire Company Limited, a Canadian business conglomerate. It is a participant in the voluntary Scanner Price Accuracy Code managed by the Retail Council of Canada. History Sobeys was founded in Stellarton, Nova Scotia by John W. Sobey in 1907 as a meat delivery business. In 1924, his son Frank H. Sobey convinced him to expand into a full grocery business, serving the industrial Pictou County region. From that point until his death, Frank was the driving force behind the business. Sobeys opened its first self-serve supermarket in 1949. The chain eventually expanded thr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kroger
The Kroger Company, or simply Kroger, is an American retail company that operates (either directly or through its subsidiaries) supermarkets and multi-department stores throughout the United States. Founded by Bernard Kroger in 1883 in Cincinnati, Ohio, Kroger operates 2,720 grocery retail stores under its various banners and divisions in 35 states and the District of Columbia with store formats that include 134 multi-department stores, 2,277 combo stores, 188 marketplace stores, and 121 price-impact warehouse stores. Kroger operates 33 manufacturing plants, 1,629 supermarket fuel centers, 2,252 pharmacies, 225 The Little Clinic in-store medical clinics, and 129 jewelry stores (782 convenience stores were sold to EG Group in 2018). , Kroger's headquarters are located in downtown Cincinnati. The Kroger Company is the United States' largest supermarket operator by revenue and fifth-largest general retailer. The company is one of the largest American-owned private employer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Groupe Casino
Casino Group or Casino Guichard-Perrachon is a French mass-market retail group. It was founded on 2 August 1898 by Geoffroy Guichard under the corporate name Guichard-Perrachon & Co. Casino Group is the source of many innovations such as the first distributor's brand in 1901, the first self-service store in 1948 or even the display of a sell-by date on consumer products in 1959. As a historical player in mass-market retail in France, the group also started to grow internationally at the end of the 90s. It acquired GPA and Grupo Éxito in 1999, major companies in mass-market retail in Brazil and in Colombia. Casino Group operates across all food and non-food formats: hypermarkets, supermarkets, convenience stores, discount stores and wholesale stores. Other than the eponymous "Géant Casino" and "Casino Supermarchés", Casino Group owns other brands such as Monoprix, Franprix, Leader Price, Cdiscount, Vival, Spar, Sherpa and Le Petit Casino. Casino Group, currently managed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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