Graphic: ASOS, AO World and Ocado winners as online sales surge during UK lockdown
By Elizabeth Howcroft
LONDON (Reuters) – A speedy shift to online buying in Britain due to COVID-19 has boosted retailers’ sales and share prices, even if footfall in extreme street retailers stays correctly beneath pre-pandemic ranges.
The half-a-trillion dollar retail enterprise suffered a near-fatal blow in March, when the United Kingdom enforced a lockdown to limit the unfold of the virus.
But although one in 10 bodily retailers keep empty, meteoric useful properties in important online players have helped the MSCI’s UK retail index outperform the nation’s benchmark FTSE 100 <.FTSE> by an unlimited margin.
1/ DING DONG! YOUR FOOD’S HERE
Among the star performers are online …