Ocado sales surge as home deliveries rise in Covid-19 pandemic

Online grocery service’s sales reach £2.2bn in 2020, boosted by tie-up with Marks & SpencerOcado has reported booming sales at its online grocery service as shoppers switched to supermarket home delivery services during the Covid-19 pandemic.Retail sales at Ocado, which now delivers Marks & Spencer groceries, jumped 35% to £2.2bn in 2020, but the overall group, which includes its tech business, Ocado Solutions, made a small loss of £44m. That compares with a pretax loss of £214.5m in 2019. Continue reading... https://www.theguardian.com/business/2021/feb/09/ocado-sales-home-deliveries-covid-19-marks-spencer #ocado #supermarkets #retail_industry #business #uk_news #coronavirus