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Online success for Ocado with Morrisons deal

2015-02-04 15:22:23| Grocery - Topix.net

LINKING up with Bradford-based supermarket Morrisons helped online grocer Ocado to make an annual profit for the first time since it was founded nearly 15 years ago. It has turned losses of more than A 12 million into a pre-tax profit of A 7.2 million in the year to November 30. Ocado is 18 months into a A 170 million, 25-year delivery partnership with Morrisons.

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