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Ocado Is Strongly Positioned To Benefit From Continuing Channel Shift To Online Grocery Sales

2016-03-09 09:38:03| Grocery - Topix.net

Grocery retailing is over 40% of global retail sales and Ocado is uniquely positioned to benefit with a core grocery sales CAGR of around 15% till 2020. Online grocery shopping which is in the early stages of growth is happening across income groups with predominantly 25-40 age bracket which is a longer term positive.

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