Online grocer Ocado has revealed the cost of the fire in February that destroyed its Andover customer fulfilment centre (CFC) to be £110.3m. The figure was reported in Ocado’s half-year results for the 26 weeks ending 2 June, which saw the business post a pre-tax loss of £142.8m (2018: loss of £13.6m). This figure includes a £98.5m exceptional cost from the fire, after £11.8m of insurance claims were taken into account. The fire, which destroyed the building, machinery and all […]
Ocado plans to add more delivery spokes to its network this year to meet increasing demand for its own grocery operation, as well as that of online delivery partner Morrisons.
Ocado is opening two more depots this year as it continues with plans to increase capacity in its distribution network.
Morrisons has rolled out its online food offering into Yorkshire and plans deliveries to more locations this year.