What the analysts say: Ocado losses narrow but jury out
By Katy Askew | 7 February 2013
UK online retailer Ocado reported smaller full-year losses this morning (7 February). And, with its second distribution centre looking set to open this month, the grocer seemed optimistic that it will be well-placed to take advantage of the interest in e-commerce that has come to mark the UK grocery sector. However, there were those in the City that remain decidedly unconvinced.
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UK online retailer Ocado reported smaller full-year losses this morning (7 February). And, with its second distribution centre looking set to open this month, the grocer seemed optimistic that it will be well-placed to take advantage of the interest in e-commerce that has come to mark the UK grocery sector. However, there were those in the City that remain decidedly unconvinced.
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