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Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
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Share Price: 353.10
Bid: 352.90
Ask: 353.50
Change: -9.20 (-2.54%)
Spread: 0.60 (0.17%)
Open: 364.40
High: 368.20
Low: 350.00
Prev. Close: 362.30
OCDO Live PriceLast checked at -

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British shoppers spend record £11.7bn on groceries in December

Tue, 05th Jan 2021 10:11

(Sharecast News) - December was the busiest month ever for British supermarkets as tightening restrictions and the closure of restaurants, bars and cafes meant shoppers spent £11.7bn on groceries, according to market research firm Kantar.
In the 12 weeks to 27 December 2020, grocery sales rose 11.4%, Kantar said.

Fraser McKevitt, head of retail and consumer insight at Kantar, said: "December is always an incredibly busy time for supermarkets, but take-home grocery shopping is usually supplemented by celebrations in restaurants, pubs and bars - with £4 billion spent on food and drink, excluding alcohol, out of the home during the normal festive month.

"This year, almost all those meals were eaten at home and retailers stepped up monumentally to meet the surge in demand."

Digital orders accounted for 12.6% of grocery spend in December, compared with 7.4% last year, and online supermarket Ocado finished the year as it started, as the UK's fastest growing retailer.

Morrisons saw the biggest increase of the big four supermarkets over the 12-week period, with sales up 13.1%, while Tesco sales rose 11.1%. Sainsbury's saw a 10.7% jump, while sales at Walmart-owned Asda pushed up 7.8%.

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UK's Asda to match some discounter prices in push for market share

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3 Jan 2024 08:46

TOP NEWS: UK grocers enjoy bumper Christmas and inflation cools

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20 Dec 2023 15:05

London close: Stocks rise as UK inflation slows further

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London close: Stocks manage gains amid holiday slowdown

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19 Dec 2023 07:00

Not just for Christmas: Britain's M&S targets more regular food shoppers

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14 Dec 2023 17:19

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14 Dec 2023 16:40

London close: Stocks rise as BoE keeps rates on hold

(Sharecast News) - London stocks closed higher on Thursday after the Bank of England maintained interest rates at lunchtime, as anticipated.

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14 Dec 2023 13:03

Broker tips: Compass, Marston's, Ocado, Hochschild

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14 Dec 2023 12:14

LONDON MARKET MIDDAY: Stocks up as BoE follows in footsteps of Fed

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14 Dec 2023 09:57

Ocado shares jump but Goldman sees little upside

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14 Dec 2023 09:29

LONDON BROKER RATINGS: JPMorgan raises Compass and Marston's

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14 Dec 2023 09:04

LONDON MARKET OPEN: Stocks rally on dovish Fed; eyes on Boe, ECB

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LONDON MARKET CLOSE: Stocks edge higher following US nonfarm payrolls

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(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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