Ocado's Online Grocery Business Sees Growth Amid Cost-of-Living Crisis
By
Kazumi Sato
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
Ocado Group Plc’s online grocery business, in partnership with Marks & Spencer Group Plc, witnessed an 8.1% increase in sales volumes and a rise in active customers to 1.02 million, generating £645 million in revenue. This growth is attributed to lower prices aimed at appealing to British consumers during a cost-of-living crisis.