Jun 06 2017, 4:47 PMJun 17 2017, 12:23 AMJune 06 2017, 4:47 PMJune 17 2017, 12:23 AM
The disruptive upstarts of UK retailer appear themselves to have been disrupted by the bricks - and - mortar traditional ##isation and , in the case of white paper and electronics retailer AO World , the merger of online and Carphone Warehouse appears to have worked . AO has warned that growth in retail will slow significantly in the fiscal first quarter following the web retailer making a loss in the 12 months to March , which is a major concern as it has relied on the UK for growth as it begins to expand into Europe . Although Ocado secured its first international contract , the deal with a regional European retailer disappointed investors who had hoped for a larger deal with a major international grocer .