Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
James Moore

Ocado shrugs off its difficulties to become grocery sector’s gazelle

Photograph: Getty
O

cado – or Ocado Retail as it is now – had a few teething problems when it switched suppliers from Waitrose to M&S, just as it had some teething problems when it came to coping with the massive surge in demand driven by lockdown.

Fortunately for the company, its customers seem to be a forgiving lot. Despite the cancelled orders, and substitutions, sales over the 13 weeks to August 30 grew by a stunning 52 per cent when compared with the same period last year, a number which exceeded even the City’s wildest expectations.

Ocado was by a distance Britain’s fastest growing grocer per the latest market share data issued by Kantar; truly the sector’s gazelle, albeit one inclined to occasionally trip over its own feet.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.