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Ocado reports strong Q4 sales and order growth

Ocado Group saw gross sales increase by 13.1% to £398.1m in the 16 weeks to 27th November this year.

Ocado Group saw gross sales increase by 13.1% to £398.1m in the 16 weeks to 27th November this year.

Average orders per week were up by 17.6% to 241,000 in the fourth quarter of the year, driven by both new and existing customers

Average order size decreased by 2.9% from both continued industry-wide price deflation and further take up of the Ocado ‘Smart Pass’, which has led customers to shop more frequently

Ceo Tim Steiner said: 'We are very pleased with the financial performance achieved this year. The strong growth in sales and order volumes reflects the attractiveness of our retail offer to customers.”

He added: 'During the period, we were also pleased to announce that we have commenced operations at our Andover CFC. This is the first of our CFCs to use our new proprietary infrastructure equipment solution and software, which will support the ongoing growth of our business.'

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

  01-Apr-2021

Thailand to host Bangkok RHVAC 2022 and Bangkok E&E 2022 this September

The Department of International Trade Promotion (DITP), Ministry of Commerce of Thailand, in collaboration with the Air-conditioning and Refrigeration Industry Club and the Electricals, Electronics, Telecommunications and Allied Industry Club, the ...

  05-Aug-2022

If you need to open a solenoid valve manually, you need a SVOM!

"THE SMALL TOOL WITH A BIG ATTRACTION" Available from Refrigeration Wholesalers If you would like to become a distributor please contact sales@fridgenius.co.uk
  30-Jun-2022
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