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John Lewis Ocado considers international expansion

John Lewis-owned UK online grocery chain Ocado is reportedly considering expanding internationally, with the US and continental Europe being possibilities. Co-founder Jason Gissing said: “We’ve built a system that is complex in terms of logistics and IT and it has taken us the best part of a decade to perfect. We now want to take it international.” He added that food was a resilient area and while trade slowed towards the end of the year, it picked up again and remained strong into the first week of January.

www.planetretail.net

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