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Ocado Retail's profit squeezed as even wealthy Britons cut back
Sales up 0.3% in Q4, up 15% in five days before Christmas
*Read moreTue, 20th May 2014 07:06
Sales up 0.3% in Q4, up 15% in five days before Christmas
*Read moreLONDON, Jan 17 (Reuters) - A post-pandemic decline in online grocery's share of Britain's overall food retail market should not impact Ocado Group's ability to attract more overseas technology partners, its boss said on Tuesday.
Read more(Alliance news) - Ocado Group PLC on Tuesday said Ocado Retail Ltd reported that revenue inched up slightly in the the 13 weeks to November 27, its financial fourth quarter.
Read more(Alliance News) - Stock prices in London opened in the red on Tuesday morning after a report showing that inflation-adjusted pay in the UK shrank at one of the fastest rates on record late last year.
Read more(Sharecast News) - Ocado Retail - a 50:50 joint venture between Ocado and Marks & Spencer - posted more or less flat fourth-quarter sales on Tuesday, with the average basket size down as shoppers bought less.
Read more(Alliance News) - Stocks in London were set to open flat on Tuesday, after UK unemployment and earnings data and as the Bank of Japan kicked off its two-day policy meeting.
Read moreLONDON, Jan 17 (Reuters) - British online supermarket Ocado Retail reported a rise in quarterly sales and in the run-up to Christmas, though an increase in customer numbers was partially offset by fewer items being purchased per order.
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*Read more(Alliance News) - London's FTSE 100 edged closer to a record high on Monday, with housebuilders and retailers among the star performers at the start of the week.
Read more(Alliance News) - Retailer Marks & Spencer Group PLC has announced plans to ramp up its store overhaul with aims to open 20 new shops across the UK in a move that will create more than 3,400 jobs.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:
Read more(Sharecast News) - Marks & Spencer Group is to invest £480m overhauling its UK retail estate, including opening 20 larger shops, the chain confirmed on Monday.
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