Ocado losses widen due to warehouse fire and costs of driver shortage

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Ocado revenues for the third quarter plummeted after a fire at its Erith distribution centre, as boss Tim Steiner warned ongoing driver shortages would add to costs for the rest of the year.

For the 13 weeks to August 29 Ocado reported a 10.6% fall in revenues to £516m due to a fire at its Erith distribution centre in south east London. 

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