Ocado losses widen as retail sales slide in ‘challenging’ market
Ocado has suffered widening half-year losses as sales made through its retail business slipped in what it called a “challenging” UK market.
The online grocer-cum-tech company booked a pre-tax loss of £211.3m in the 26 weeks to May 29, ballooning from £27.9m during the same period a year ago.
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