Sep 15, 2020
Ocado sales surge amid shift to online shopping
PAUL ELLIS/AFP VIA GETTY IMAGES Online grocer Ocado saw its sales rocket more than 50% in the third quarter of the year as more customers used it in lockdown. Sales at Ocado Retail, its joint venture with Marks & Spencer, and previously Waitrose, were £587.3m in the 13 weeks to 30 August. The firm said growth was stronger than in the second quarter, while weekly orders stood at 345,000, up almost 10%. It comes as more people shop online because of the pandemic. Melanie Smith, Ocado Retail's chief executive, said: "Our aim is to continue to set the bar as we begin again to welcome new customers who are seeing the benefits of online shopping in ever greater numbers and we remain focused and on track to increase capacity by 40% through to 2021.". Ocado has said the recent shift to online shopping could mean a "Permanent redrawing" of the retail landscape.
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