Ocado ‘cuckolded’ as Amazon gets Fresh with Morrisons
As Ocado’s partner, Morrisons, climbs into bed with Amazon, the international delivery expert Fastlane International asks where Ocado should look next to boost margins.A 13.6% rise in quarterly sales seems good news for Ocado shareholders and confirmation of the growing demand for online groceries; especially as Asda supermarket sales in comparison fell by an eye-watering 7.5 per cent in the three months to June 30. But delivery experts Fastlane International say Ocado has good reason to warn of pressure on its profit margins, after Ocado’s partner
