Ocado sales up 70 per cent over festive period

Online grocery store Ocado saw a sharp rise in sales over the festive season, with purchases of Ocado own-label products and non-food items increasing 70 per cent in the six trading weeks to January 6th.

Online grocery store Ocado saw a sharp rise in sales over the festive season, with purchases of Ocado own-label products and non-food items increasing 70 per cent in the six trading weeks to January 6th.

Gross sales for the six trading weeks to the same date were up 14.2% to £91.6m and customer orders over the same period were up 11.4% from 2011 with strong basket growth.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.