THE RETAIL BULLETIN - The home of retail news
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
People in Retail Awards 2023
Retail Marketplace Strategy 2023
Omni Channel Futures 2023
Retail HR Central
Digital Transformation Strategy 2023
Customer Engagement Strategy 2023
Retail HR 2023
THE Retail Conference 2023
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Ocado sales up 52% in third quarter

Online grocer Ocado saw its retail revenue climb by 52% to £587.3 million in its third quarter. In the 13 weeks to 30 August, the retailer… View Article

FOOD & DRINK

Ocado sales up 52% in third quarter

Online grocer Ocado saw its retail revenue climb by 52% to £587.3 million in its third quarter.

In the 13 weeks to 30 August, the retailer also benefited from a 9.6% uplift in average weekly orders to 345,000.

In a trading statement, Ocado said retail sales grew faster than in its second quarter due to demand remaining high following the easing of the Covid-19 lockdown compared to a seasonally softer period in the third quarter of 2019.

The retailer also said customers have responded well to this month’s switchover from Waitrose to M&S products with demand for the new range driving an increase in the number of products in customers’ baskets. In addition to 4,400 food products, the M&S range on Ocado also includes around 700 home and lifestyle lines.

Melanie Smith, Ocado Retail’s chief executive, said: “These are transformational times for Ocado Retail with M&S products now exclusively available online at Ocado.com. The successful switchover means that M&S products are available to buy in a weekly shop side by side with branded products for the first time. As a result, we can now offer customers more choice and better value than ever before, wider ranges than any traditional retailer, and thousands of products that are only available online through Ocado.com.”

 

 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News