Ocado - yet to make a profit after 14 years!

By : Administrator
Published 4th February 2014 |
Read latest comment - 17th February 2014

Ocado has reported widening losses, but the online grocer - which is yet to report an annual profit - says it has made "significant progress".

The firm reported a loss of

Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn
Comments
I can not see how a business can make continued loses over a 12 year period and still be in business. I would have thought the shareholders / investors would want heads to role?

Thanks,
Barney

"The momentum seems unstoppable" - hate to think what they'd think of as being stalled! Also interesting that the average customer spend has gone up by only a

Thanks,
Elizabeth

Also interesting that the average customer spend has gone up by only a

Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn

Thanks. I just know that my weekly shop has definitely increased by more than

Thanks,
Elizabeth

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