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UK grocery retailers are clearly enjoying a boon as consumption swings from discretionary items to necessities. In the long-term, however, this is likely to be an industry with winners and losers as consumer behaviour shifts from store-based consumption to online delivery.
Ocado (OTCPK:OCDGF) is one of the few companies that will not just experience growth during the pandemic but is ideally placed once we emerge from the other side. Consumers are presently avoiding bricks and mortar stores for fear of catching the COVID-19 virus and shifting baskets