Ocado pays 5p per plastic bag returned by customers

Plastic bags from other chains will also be collected, but clients will only be refunded…

Plastic bags from other chains will also be collected, but clients will only be refunded for Ocado bags returned.

The used bags are despatched to a recycling plant the place they turned into are pellets used to make new bags.  

The go arrives as Ocado proceeds to reward from virus-induced “continue to be at residence” orders. 

Last month it reported that total sales soared by a 3rd to £2.3bn for the calendar year to November. The company posted pre-tax losses of £44m, down from £215m previous calendar year.

This strong retail overall performance was offset by elevated investment in its robot warehouse technological innovation company, as effectively as shelling out on using the services of far more workers and retooling its web site to cope with the surge in demand from customers.

Ocado shares fell one.7pc to £21.01 in afternoon buying and selling, valuing the organization at £15.7bn.