Ocado’s Steiner downplays threat from Amazon and on-demand start-ups

Tim Steiner

Source: Peter Searle

Ocado chief executive Tim Steiner has dismissed the threat of Amazon and emerging on-demand grocery start-ups, comparing them to pureplay convenience stores.

Asked about Amazon’s new Fresh bricks and mortar stores and its online partnership with Morrisons, Steiner said the US tech giant was a “very, very small competitor” adding its impact on the UK grocery market had been “very small”.

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