THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Sobeys partners with Ocado to develop an online grocery business in Canada

Canadian grocery business Sobeys has signed an agreement with Ocado in which it will partner with Ocado Solutions to develop an online grocery business in Canada using the Ocado Smart Platform.

FOOD & DRINK

Sobeys partners with Ocado to develop an online grocery business in Canada

Operating more than 1,500 stores across the country, Sobeys is Canada's second largest food retailer with sales of C$23.8 billion in 2107.

Ocado will partner exclusively in Canada with Sobeys to launch its end-to-end solution for online grocery services. This will include front-end web site functionality, construction of Ocado's latest generation, state-of-the-art automated warehouse, and last-mile routing management technology.

Sobeys and Ocado will develop their first customer fulfilment centre in the Greater Toronto Area with the build expected to take  two years. The companies will also consider developing other CFCs in Canada's dense urban areas.

Michael Medline, president and chief executive of Sobeys, said:"Sobeys intends to play to win in Canadian online grocery shopping. We are very excited to bring this best-in-the-world grocery ecommerce experience to Canadian customers. This unique and innovative Sobeys and Ocado experience will offer consumers the biggest selection, freshest products and most reliable delivery available anywhere on the planet. Our end-to-end ecommerce solution will allow Sobeys to build an online offer in a manner that is profitable and creates exceptional value for our customers, investors and supplier partners."

Ocado expects the deal to create “significant long term value” to the business with the transaction being earnings neutral in the current financial year with the costs of establishing the partnership offsetting the initial fees payable.

Tim Steiner, chief executive of Ocado, said: "We are delighted to be working with one of the leaders in North American grocery retailing. Sobeys is a highly successful and much admired Canadian business and we are proud that they have chosen Ocado Solutions to partner with to build their online grocery business."

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

GDPR for Marketing Forum 2018
GDPR for Marketing Forum 2018
25th May 2018
Cavendish Conference Centre, London WG1 9DT
Taking advantage of the new GDPR guidelines to maximise customer engagement and loyalty.
Retail Customer Engagement Summit
Retail Customer Engagement Summit
5 June 2018
Cavendish Conference Centre, London W1
The 9th Annual Retail Customer Engagement Summit
Dentons Future of Retail Law Conference 2018
Dentons Future of Retail Law Conference 2018
14th June 2018
The Altitude SW1P 4RS
Dentons Future of Retail Law Conference 2018
Retail Human Resources Summit
Retail Human Resources Summit
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
The Retail Design Summit 2018
The Retail Design Summit 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Summit 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy