June 13, 2024


Make Every Business

Ocado pays 5p per plastic bag returned by customers

Plastic baggage from other chains will also be gathered, but shoppers will only be refunded for Ocado baggage returned.

The utilised baggage are despatched to a recycling plant where by they turned into are pellets utilised to make new baggage.  

The shift comes as Ocado proceeds to advantage from virus-induced “remain at household” orders. 

Last month it reported that total sales soared by a third to £2.3bn for the calendar year to November. The organization posted pre-tax losses of £44m, down from £215m final calendar year.

This strong retail efficiency was offset by elevated expense in its robotic warehouse technological know-how organization, as perfectly as shelling out on employing extra staff and retooling its web page to cope with the surge in desire.

Ocado shares fell 1.7pc to £21.01 in afternoon trading, valuing the corporation at £15.7bn.