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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]
Farmfoods doesn't offer a loyalty scheme but instead provides discount vouchers (for example £2.50 off a £30 spend or £5.00 off £60). The weekly vouchers are available through signing up for emails from Farmfoods or leaflet drops.
In August 2020, Waitrose announced they would cease operations with Ocado, which ended on 1 September 2020. Ocado partnered with Waitrose's rival store Marks & Spencer. [63] Arrangements were amended in 2010 to a ten-year agreement to supply products to Ocado. [64] In February 2011, John Lewis Pension trust divested itself of its Ocado shares. [65]
In January 2000, he started Ocado with two former colleagues from Goldman Sachs, Tim Steiner and Jonathan Faiman. [ 3 ] [ 4 ] He became chief financial officer of the company. [ 3 ] The company moved from a start-up to a household name during his 15 years there.
Argos Limited is a British catalogue retailer operating in the United Kingdom and formerly in Ireland, acquired by Sainsbury's supermarket chain in 2016. It was established in November 1972 and is named after the Greek city of Argos.
This class of status code indicates the client must take additional action to complete the request. Many of these status codes are used in URL redirection. [2]A user agent may carry out the additional action with no user interaction only if the method used in the second request is GET or HEAD.
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