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Ocado Retail Ltd on Tuesday said sales had grown strongly at the start of 2024 boosted by a broader product range and price cuts. The online-only grocer, a joint venture between Ocado Group PLC and...
Ocado Group reported strong trading at its Ocado Retail venture in the first quarter on Tuesday, with an 8.1% year-on-year increase in total item volumes propelling retail revenue to £645.3m, itself up 10.6%.
Ocado's grocery arm, a joint venture with 50-50 with Marks and Spencer, reported an 8.4 per cent jump in orders volumes.
Ocado is to scrap 'best before' labels on some fruit and vegetables in an effort to cut food waste. The move will save edible food from being thrown away. (stock image)