as lse ocdo industry internet retail founded 2000 1 founder jonathan faiman jason gissing and tim steiner headquarters hatfield hertfordshire united kingdom area served south east england midlands north west england the south coast of england and most of yorkshire south west england and south wales key people stuart rose chairman tim steiner ceo services groceries consumer goods revenue 1 107.6 million 2015 2 operating income 21.4 million 2015 2 net income 11.8 million 2015 2 website www.ocado.com ocado is a british online supermarket . 3 in contrast to its main competitors the company has no chain of stores and does all home deliveries from its warehouses . ocado has been voted the best online supermarket in the uk by which readers every year since 2010 . 1 4 the company was floated on the london stock exchange on 21 july 2010 and is currently a member of the ftse 250 index . contents 1 history 2 operations 3 name 4 see also 5 references 6 external links history edit an ocado delivery in progress 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 . 5 in september 2006 michael grade became non executive chairman of ocado shortly after goldman sachs were appointed as financial advisers fuelling speculation which had already started about a listing for the company . 6 in november 2008 the john lewis partnership transferred its shareholding of 29 % into its staff pension fund . it also agreed a five year supply deal with the business replacing its previous one year rolling deal . 7 this deal was replaced in may 2010 with a 10 year branding and supply agreement . 8 procter & gamble took a 1 % stake in the company the same year . 9 in february 2011 the john lewis pension fund sold off its entire ocado shareholding . 10 on 13 july 2009 ocado released their first app for the iphone . the app called ocado on the go allows users to do their grocery shopping without the need of a pc . 11 on 19 april 2010 the company extended the app to android devices . the android app has a number of features that the iphone app does not have including the ability to control the app using only the voice . 12 in 2015 ocado launched the first grocery app for the apple watch . 13 in july 2010 ocado following considerable speculation undertook a stock market initial public offering . 14 operations edit ocado s warehouse in hatfield the company has a warehouse based model operating purely online without any physical shops . it currently has twenty two purpose built warehouses picking centres . 15 ocado s products include own brand groceries from the waitrose supermarket chain as well as their own ocado brand but also a selection of name brand groceries and other items including flowers toys and magazines . 16 a range of carrefour s products are also sold via ocado . 17 name edit jez frampton ceo of interbrand and non executive director of ocado claims the name ocado is a made up word intended to evoke fresh fruit . the name was also inspired by avocado . 18 see also edit webvan list of online grocers references edit a b ocado history . ocado . 2011 . retrieved 2 february 2014 . a b c annual report 2015 pdf . ocado . retrieved 10 april 2016 . pratley nils 17 may 2013 . divorce from waitrose now the only risk for ocado . the guardian . uk . retrieved 9 january 2013 . supermarkets compared best and worst supermarkets leisure which home & garden . which.co.uk . retrieved 31 march 2015 . ocado factsheet . just food aroq ltd. 2008 . retrieved 28 october 2008 . ocado prepares for 2006 flotation . the guardian . 24 december 2004 . retrieved 10 april 2016 . ocado gets five year john lewis backing . daily mail . london . 8 november 2008 . waitrose and ocado announce new 10 year branding and sourcing deal . john lewis partnership . ocado delivers a 140million windfall . daily mail . london . 17 june 2009 . retrieved 21 july 2010 . wood zoe ; kollewe julia 12 february 2011 . ocado share sell off delivers 152m to john lewis pension fund . the guardian . london . p. 45 . devoted to your shopping . ocado . retrieved 21 july 2010 . ocado android app allows mobile grocery shopping using voice . internet retailing . 19 april 2010 . retrieved 21 july 2010 . sabharwal veebs . ocado technology launches world s first grocery shopping app for apple watch . retail gazette . retrieved 16 august 2016 . ocado s ipo buyers include fidelity other early investors . wall street journal . 29 july 2010 . retrieved 10 april 2016 . where we are . retrieved 18 february 2016 . davey james 7 november 2008 . update 2 john lewis moves ocado stake to pension fund . reuters . retrieved 21 july 2010 . the french connection ocado strikes deal to deliver groceries from across the channel to uk customers . daily mail . 27 june 2011 . retrieved 7 july 2011 . mark kleinman on marketing and the city can ocado deliver more brand republic 22 september 2009 external links edit wikimedia commons has media related to ocado . official website v t e supermarkets in the united kingdom big four asda morrisons sainsbury s tesco convenience bargain booze best one budgens the co operative food costcutter happy shopper jones convenience stores londis mace mccoll s nisa premier stores spar discount 99p stores aldi b & m home bargains kwik save lidl poundland poundstretcher poundworld quality save frozen specialists farmfoods heron foods iceland fulton s foods online ocado premium marks & spencer waitrose whole foods market regional booths dunnes stores filco planet organic shoprite isle of man category v t e ftse 100 ftse 250 companies of the united kingdom 3i infrastructure aa aberdeen asset management aberforth smaller companies trust acacia mining aggreko aldermore group alliance trust allied minds amec foster wheeler ao world ascential ashmore group assura atkins auto trader group aveva balfour beatty bankers investment trust barr a.g. bba aviation beazley group bellway berendsen berkeley group holdings bank of georgia bh macro big yellow group b & m european retail value bodycote booker group bovis homes group brewin dolphin holdings british empire trust britvic brown n. btg plc cairn energy caledonia investments capital & counties properties card factory carillion centamin cineworld city of london investment trust clarkson close brothers group cls holdings cmc markets cobham computacenter countryside properties countrywide cranswick crest nicholson cybg daejan holdings dairy crest debenhams dechra pharmaceuticals derwent london dfs dignity diploma domino s pizza drax group dunelm group edinburgh investment trust electra private equity electrocomponents elementis entertainment one essentra esure euromoney institutional investor evraz f & c commercial property trust fidelity china special situations fidelity european values fidessa group finsbury growth & income trust firstgroup fisher james & sons foreign & colonial investment trust g4s galliford try gcp infrastructure investments genesis emerging markets fund genus go ahead group grafton group grainger great portland estates greencoat uk wind greencore greene king greggs gvc holdings halfords group halma hansteen holdings harbourvest global private equity hastings group hays henderson group hicl infrastructure company hill & smith hiscox hochschild mining homeserve howdens joinery hunting ibstock icap ig group holdings imi inchcape indivior inmarsat intermediate capital group international personal finance international public partnerships investec ip group jardine lloyd thompson jd sports john laing group john laing infrastructure fund jpmorgan american investment trust jpmorgan emerging markets investment trust jpmorgan indian investment trust jrp group jupiter fund management just eat kaz minerals keller kennedy wilson europe real estate kier group ladbrokes laird lancashire holdings londonmetric property man group marshalls marston s mccarthy & stone meggitt mercantile investment trust metro bank millennium & copthorne hotels mitchells & butlers mitie moneysupermarket.com group monks investment trust morgan advanced materials murray international trust national express group nb global ncc nmc health ocado group onesavings bank p2p global investments pagegroup paragon group of companies paypoint paysafe pennon group perpetual income & growth investment trust personal assets trust petrofac pets at home phoenix group holdings playtech polar capital technology trust polypipe premier farnell pz cussons qinetiq rank group rathbone brothers redefine international redrow regus group renewables infrastructure group renishaw rentokil initial restaurant group rightmove rit capital partners riverstone energy rotork rpc group safestore saga savills scottish investment trust scottish mortgage investment trust segro senior serco shaftesbury shawbrook bank sig plc smith ds smurfit kappa group softcat sophos spectris spirax sarco engineering spire healthcare sports direct ssp group stagecoach group st. modwen properties supergroup svg capital synthomer talktalk group tate & lyle ted baker telecom plus temple bar investment trust templeton emerging markets investment trust thomas cook group tritax big box reit tr property investment trust tullett prebon tullow oil ubm udg healthcare uk commercial property trust ultra electronics holdings unite group vectura group vedanta resources vesuvius victrex virgin money weir group wetherspoon j d w h smith william hill witan investment trust wizz air woodford patient capital trust wood group workspace group worldwide healthcare trust zoopla retrieved from https en.wikipedia.org w index.php title ocado & oldid 740478815 categories 2002 establishments in the united kingdominternet companies of the united kingdomjohn lewis partnershiponline grocersonline retailers of the united kingdomretail companies established in 2002supermarkets of the united kingdomcompanies based in hertfordshirecompanies listed on the london stock exchangehidden categories use dmy dates from january 2014use british english from january 2014commons category with page title same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages add links this page was last modified on 21 september 2016 at 09 24 . text is 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