Ocado was yesterday named the UK’s fastest growing supermarket for a second month in a row – while Asda is the only major player to see sales fall. In a closely watched update on the state of the grocery market, industry research group Kantar said Ocado sales were 12.5 per cent higher in the 12 weeks to April 14 than …
As Britain started to emerge from lockdowns in the middle of 2021, Ocado was riding high. The grocery sector was changed “for good” by the pandemic, boasted the online supermarket’s chief executive, Tim Steiner. Not only were at-home deliveries more convenient, but Steiner believed they were also safer as customers shopping online were less likely to catch “anything nasty”, even …
Last year, as the pandemic turbocharged demand for online shopping, Amazon hired 500,000 people. The internet grocer made a series of investments in automated warehouses and robotics companies to deal with an unexpected spike in home orders, as well as a lucrative tie-up with Marks & Spencer. “Retailers now understand that it is only through investment into automation they can …
