Ocado's Online Grocery Business Sees Growth Amid Cost-of-Living Crisis

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.