Ocado

Ocado Retail Sales Growth Accelerates On Customer Wins

Online supermarket Ocado Retail reported faster sales growth in its fourth quarter as more competitive pricing helped it win customers.

UK grocery sales hit a record £14.6 billion in the final three weeks to Christmas on festive promotions and deals, NIQ reported on Wednesday.

Britain’s biggest supermarkets were the big winners at Christmas, according to industry data published by Kantar on Tuesday.

Marks & Spencer has entered Christmas trading with momentum as NIQ data showed it to be one of the UK's fastest-growing grocers.

UK shoppers are expected to spend more this Christmas due to lower inflation and strong promotions, according to the latest data from NIQ.

Supermarket group Morrisons will gradually end deliveries from Ocado’s automated warehouse in Erith, southeast England.

UK total till sales slowed to 4.0% growth in the four weeks to 2 November ahead of big spending events such as Christmas, NIQ reported.

UK shoppers face renewed pressure on their budgets in October as inflation edged higher for the second month in a row, according to Kantar.

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