While Ocado’s pre-tax profits were up 18 per cent to May 15, slowing growth in online and failure to agree an international tie-up meant analysts were disappointed.
Dixons Carphone chief executive has said the company expects to find “opportunities for additional growth” in the wake of Brexit as it announced a 17 per cent increase in profits.
Despite reporting an increase in profit, shares in Carpetright fell 16 per cent after the retailer warned Brexit could hit consumer confidence and exacerbate the already ‘more challenging’ trading conditions at the start of the year.
Pepper.com has analysed traffic data for its European platforms to compare how online shopping habits change during Euro 2016 football matches, compared to the same day of the week when a football match isn’t being played.
Tesco released its latest trading statement admitting that online sales growth had slowed in the first quarter of its financial year, compared to the same time last year. Like for like sales however continued to grow.