THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Retail HR Central 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Ocado posts uptick in fourth quarter sales

Online grocer Ocado increased its retail revenue by 10.8% to £429.1  million in the 13 weeks to 1 December.  The retailer also saw its average weekly… View Article

FOOD AND DRINK NEWS UK

Ocado posts uptick in fourth quarter sales

Online grocer Ocado increased its retail revenue by 10.8% to £429.1  million in the 13 weeks to 1 December. 

The retailer also saw its average weekly orders rise by 10.4% to 350,000 although its average order size remained level with the same period last year at £104.90. 

Ocado said its joint venture with Marks & Spencer, which was announced in February this year, will result in cheaper and better quality food than currently supplied with Waitrose. The retailer has now completed the range review for the M&S partnership and said it will add many more additional M&S lines.

Melanie Smith, Ocado Retail’s chief executive, said: “We have made good progress preparing for switchover date in September 2020, when the M&S food range will be available online for the first time. We are also planning fresh capacity, to offer customers more availability, and have new customer fulfilment facilities in Bristol and Purfleet, and a rebuilt state of the art facility at Andover, on the way. As a team, we could not be more excited.”

Subscribe For Retail News