Virus-linked sales soar at UK online supermarket Ocado

Bs_logoImage
AFP London
Last Updated : Mar 19 2020 | 7:22 PM IST

British online-only supermarket Ocado on Thursday reported surging sales as buyers panicked by the coronavirus pandemic seek home deliveries and stockpile.

The supermarket, whose robotic warehouses fulfil the online orders before they are delivered by vans, said Thursday that growth in the first three weeks of March had approximately doubled compared to the three months ending March 1, or its first quarter.

"The impact of higher basket values and order demand, amid growing public concern over the coronavirus" has "picked up significantly and growth in the second quarter is so far double that of the first quarter," said Melanie Smith, head of Ocado's retail operation.

It comes as Ocado finance director Duncan Tatton-Brown said demand has been so high that the company's systems believed they were being hacked.

"Our systems thought that they were suffering a denial of service attack... when people try and close your website down by throwing so much traffic at it," he revealed after the trading update.

"This was four times the demand of our highest ever peak."
Tatton-Brown added: "We have had hours in the week where we have 100 times the normal level of transactions operating on the website."

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 19 2020 | 7:22 PM IST