Ocado sales rise as M&S partnership goes live

Ocado van

Ocado has posted an increase in quarterly sales and hailed a “positive” start to its joint venture with Marks & Spencer. 

The online grocer said retail revenues surged 52% to £587.3m in the 13 weeks to August 30, as average weekly order numbers increased 9.6% to 345,000. 

The group now expects to post full-year EBITDA of at least £40m.

Ocado started selling Marks & Spencer’s food products through its platform on September 1 and said shoppers had “responded positively” to the switchover from its former supply deal with Waitrose

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.