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 has revealed that it has selected Andover, Hampshire, as the location for its third DC, as it looks to increase capacity nationwide.
Online grocer Ocado has warned of capacity constraints and a drag on sales growth following a major fire at its Andover Customer Fulfilment Centre (CFC).
Morrisons’ agreement with Ocado to use its new customer fulfilment centre (CFC) in Erith, London, is far from a done deal.