Mar 17, 2022
Ocado sales hit as workers return to the office
Ocado has reported a fall in sales as customers return to pre-pandemic shopping habits and costs increase. The results for its latest quarter also reflected a tough comparison from a year before, when the UK was in lockdown, Ocado added. "The main thing that we're seeing [now] is people's willingness to behave more like they did pre-Covid," Ocado said. Compared with pre-pandemic levels, Ocado's retail sales in the quarter were up 31.7%."The last quarter has been encouraging for Ocado Retail despite the clearly evident challenges the industry and consumers are facing," said Melanie Smith, Ocado Retail's boss. The retailer acknowledged that war in Ukraine and uncertainty over how demand will change during the cost of living crisis meant it was difficult to predict sales.
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