Ocado is and online grocer and technology group. In 2019, Ocado Retail struck a landmark £750m deal with Marks & Spencer to turn its retail business into a joint venture. Via Ocado Solutions, the comapny has sought to sell its services to international partners including US giant Kroger and Japanese powerhouse Aeon. Retail Week provides news, analysis, features and opinion about Ocado and the grocery sector.
Online grocer Ocado Retail has notched up its best-ever number of weekly orders as shoppers prepare for Christmas.
Supermarket chain Morrisons has said it will “gradually cease” deliveries from Ocado’s automated warehouse in Erith, southeast England, but will still utilise Ocado’s central England warehouse.
Thanks to data collected exclusively for Retail Week by CACI, we can reveal the picture of spend in the rapid delivery market, how Getir managed to crash out of a service that’s in such high demand and the demographic groups it attracted that are now up for grabs.
Take-home sales at the grocers hit their highest point of the year, even as inflation began to inch up in the run-up to the all-important Christmas period.
Marks & Spencer’s profits and sales have soared, driven by strong sales performances from its food and clothing businesses.
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