Analysis
Marks & Spencer records a £201.2 million pre-tax loss for the year
Today, Marks & Spencers reported a huge loss of £201.2 million in their yearly report. I have expert commentary from financial expert James Andrews at money.co.uk that I think you’ll be interested in. Marks & Spencer...
UK Export down due to Brexit ONS report
Today’s ONS report looking at the combined impact of Covid and Brexit shows trade with EU countries has declined 23.1%. The report also reveals Brexit problems far outweighed Covid issues in the first quarter...
Morrisons reports 5.3% sales increase the latest quarter despite covid pandemic
Morrisons earning reports from James Andrews at money.co.uk. “Morrisons has reported a sales increase of 5.3% despite the high cost of adapting premises and processes as well as limiting customers in store them to keep...
The nation’s health experts share their top tips for Waitrose readers
Joe Wicks, Victoria Pendleton and Nadiya Hussain are just some of the famous faces who have provided their words of wisdom in the latest Waitrose Health magazine, out in shops and online today (29th April). More...
The impact of COVID-19 / Brexit on M&A and the food sector
The impact of COVID-19 / Brexit on M&A and the food sector By Mark Lynch, Partner at Oghma Partners Covid has impacted M&A in the food sector in several ways. Initially there was a...
Carrefour pledges to support its French partner producers to help them through the economic consequences of the frost
Carrefour pledges to support its French partner producers to helpthem through the economic consequences of the frostA historic frost has ruined – even devastated – agricultural production over hundredsof thousands of hectares of farmland.In...
Preliminary results 2020/21 TESCO WELL-PLACED TO BUILD ON MOMENTUM
On a continuing operations basis12020/212019/201 Change at actual ratesChange at constant ratesHeadline measures2 (on a 52 week comparable basis): Group sales (exc. fuel)3£53.4bn£49.9bn 7.1%7.0%– UK & ROI£48.8bn£44.9bn 8.8%8.6%– Central Europe£3.9bn£4.0bn (2.1)%(0.6)%– Tesco Bank£0.7bn£1.1bn (31.2)%(31.2)%Group operating profit before exceptional items and amortisation...
CARREFOUR AND DELIVEROO SIGN A PARTNERSHIP DEAL FOR FRANCE AND INTERNATIONALLY
Carrefour and Deliveroo expand their partnership to bring on-demand groceries to their customers in France, after launching in Belgium, Italy and Spain: – In France, a less than 30-minute home-delivery service is being launched this...
Stravito doubles down on enterprise-ready features with product update & ISO certification
Stravito, the knowledge management software for market research and insights, today announces a brand new product update called ‘Workspaces & Teams’, which streamlines knowledge sharing capability and improves accessibility for medium and large enterprises....
Amazon Fresh UK store: first impressions
By Rachel SibsonRetail Analyst IGD Amazon has launched a grocery store format in the UK operating under the Amazon Fresh banner. The 2,500 sq ft store is located in Ealing, London. Amazon Fresh is...