Tag: shift

Ocado sales surge amid shift to online shopping

Online grocer Ocado saw its sales rocket more than 50% in the third quarter of the year as more customers used it in lockdown.

Sales at Ocado Retail, its joint venture with Marks & Spencer, and previously Waitrose, were £587.3m in the 13 weeks to 30 August.

The firm said growth was stronger than in the second quarter, while weekly orders stood at 345,000, up almost 10%.

It comes as more people shop online because of the pandemic.

The firm’s switch to delivering M&S products on 1 September got off to a rocky start, with the retailer having to cancel

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AT&T Reportedly Shopping Its Xandr Ad Unit In Strategic Shift

AT&T, which entered the second half of 2020 with $152 billion in net debt, is said to be shopping its Xandr advertising unit.” data-reactid=”28″AT&T, which entered the second half of 2020 with $152 billion in net debt, is said to be shopping its Xandr advertising unit.

The detachment of Xandr from the company would mark a dramatic reversal of the company’s strategy

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Waitrose boss says online grocery shopping shift is ‘irreversible’

A Waitrose employee cleans a check out: Getty Images
A Waitrose employee cleans a check out: Getty Images

Waitrose boss James Bailey today warned the grocery sector that the shift to shopping online is irreversible.

It comes as the supermarket revealed stats – compiled for a report called How Britain Shops Online: Food and Drink Edition – showing 77% of customers now do at least some of their grocery shopping online, compared with 61% the year before.

Executive director Bailey said: “Even before the Covid-19 pandemic, there are few retailers that wouldn’t have predicted the continued growth of e-commerce relative to physical shops.

“But what would have previously been

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