Waitrose sets out £1 billion online shopping plan - News Summed Up

Waitrose sets out £1 billion online shopping plan


Waitrose has revealed a £1 billion plan to expand its online operations as it prepares to part ways with delivery partner Ocado. Waitrose has revealed a £1 billion plan to expand its online operations as it prepares to part ways with delivery partner Ocado. The upmarket grocer is partnering with e-commerce platform Today Development Partners (TDP) to succeed its 20-year Ocado partnership with plans to treble the size of its online business. Ocado is now working with MandS as its agreement with Waitrose comes to an end (Yui Mok/PA)Under the plans, Waitrose will develop three new state-of-the-art automated customer fulfilment centres (CFCs) over the next three years. The new partnership follows Ocado striking a £1.5 billion deal with Waitrose rival Marks & Spencer to drive its online offer.


Source: Irish Independent May 16, 2019 15:45 UTC



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