Warehouse fire costs Ocado about $50 million in lost sales
Bloomberg News
(Bloomberg)—A warehouse fire in July cost Ocado Group Plc’s online grocery joint venture with Marks & Spencer Group Plc about 35 million pounds ($50 million) in lost revenue. Ocado is No. 25 in the Digital Commerce 360 Europe 500. Sales fell 11% in the quarter through August, as the company also suffered from a nationwide […]