Online grocery group Ocado is set to make its first annual profit since being set up by three former Goldman Sachs bankers in 2000.

It’s taken almost a decade and a half but, at last, online grocery group Ocado is set to make its first annual profit since being set up by three form(...)

Profitero co-founders (from left) Volodymyr Pigrukh, Dmitry Vysotski and Kanstantsin Chernysh.

Profitero, an online insights and ecommerce intelligence business for retailers and brands, has closed an $8 million (€5.9 million) funding round with(...)

Discount retailers are well represented in the dozen of British retailers lining up IPOs in coming months. For Poundland, the price tag is put at about £800 million.Photograph: Matthew Lloyd/ Bloomberg via Getty Images

Britain’s privately-owned retailers are scrambling to list on the London stock market, with more than a dozen lining up initial public offerings (IPOs(...)

Planet Business

Image of the week: ‘And what do you do?’ A red carpet of Stormtroopers with bonus Darth Vader is probably just an everyday event in the life of t(...)

Derek, Ross and Tom Keogh at their farm in Oldtown, Co Dublin. Photograph: Dara Mac Dónaill

Dublin-based crisp maker Keogh’s has secured significant contracts with two large UK retailers. The two-year old brand has been listed in 120 stores b(...)

Tim Steiner, chief executive of Ocado Group: The compnay is the UK’s largest internet-only grocer. Photographer: Chris Ratcliffe/Bloomberg

Ocado, Britain’s largest internet-only grocer, posted a first-half loss on costs to open a new warehouse and fees associated with a deal to bring Will(...)

Serbia’s Novak Djokovic in action at Wimbledon. Photograph:  Jonathan Brady/PA Wire

He may have been given one of the best draws in this year’s Wimbledon championships, but world number one and confirmed coeliac Novak Djokovic will st(...)

Facebook has moved to defend and clarify its policies on gender-based hate speech amid pressure from advertisers.  Photograph: Martin Keene/PA Wire.

Facebook has moved to defend and clarify its policies on gender-based hate speech amid pressure from advertisers. The company said there (...)

Britain's fourth biggest grocer Wm Morrison today said it would launch an online food offer by January 2014 to better compete with rivals as it(...)