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Ocado revenue soars amid ‘dramatic’ shift to online
According to the group, its performance over the period was also boosted by its recent M&S partnership, as M&S products ‘consistently’ accounted for over 25% of the average basket
Ocado has announced that retail revenue soared by 40% in its first quarter ended 28 February 2021, amid a “dramatic and permanent” shift towards online shopping in light of the pandemic.
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