Eyes on inflation impact as Ocado to report
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mr Mould said that the fall “reflects inflation, higher cost of living and some volume retrenchment even at Ocado’s relatively well-heeled customer base”. “Having tapped investors for just shy of £600 million last month, there’s pressure to deliver some positive news on new partner sign-ups for Ocado Solutions,” said Matt Britzman, equity analyst at Hargreaves Lansdown. “It’s all well and good having the most advanced robots flying around fulfilment centres, but further progress is needed on sign-ups sooner rather than later.
History of this topic
Middle class shoppers flock back to Ocado... but Asda reels as sales slip
Daily Mail
Ocado lures back middle class shoppers as it's named UK's fastest growing supermarket
Daily Mail
Ocado could take M&S to court over joint venture payment row
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Ocado reveals £394m loss as sales improve
The Independent
Ocado bets on shopping ‘fad’ to win back customers
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Ocado announces price cuts to milk and other ‘everyday essentials’
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Aldi and own brands: Figures reveal how the UK is changing its big shop
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Ocado suffers first ever drop in sales as shoppers turn to Aldi and Lidl
The Telegraph
Ocado set to post grocery growth in latest festive update
The Independent
Tesco to face questions over consumer demand concerns despite ‘rise in sales’
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Inflation in focus as Primark owner prepares to update shareholders
The Independent
Ocado aims for supermarket sweep as online shopping star rises
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