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Ocado has batted away accusations of patent infringement from AutoStore, a robotics firm, in the first round of a court case.
Three AutoStore patents are invalid, while Ocado does not…
Read MoreJefferies: Ocado can save supermarkets from e-commerce
Ocado is the “partner of choice” for supermarkets looking to ride the wave of online shopping, a broker has claimed.
Jefferies said that many would need to rebuild their business…
Read MoreMore misery for McColl’s as revenue falls 11%
McColl’s has seen revenue fall and debt grow in what its management admitted was a “tough year” for the convenience retailer.
However, shares edged up when markets opened this morning,…
Read MoreShares at sandwich giant Greencore dip as Coveney resigns
The boss of Greencore is set to leave after more than a decade at the helm of Britain’s biggest sandwich maker.
The Times reports that Patrick Coveney, brother of Irish…
Read MoreProfits up 9% at Robinsons owner Britvic
The company behind Robinsons and Tango has hailed its “disciplined cash management” as full-year profits rose 9.1 per cent.
Britvic profits stand at £103.2 million after tax, up from £94.6…
Read MorePrivate equity giant Apollo mulls bid for M&S
Marks & Spencer could be the latest supermarket to be snatched up by private equity as a New York giant mulls a buyout.
Apollo, which fell short in its bid…
Read MoreM&S ‘extends reach’ with supply deal for 2500 Costa Coffee stores
Marks & Spencer is to sell food in around 2500 Costa Coffee stores after striking a deal with the country’s largest café chain.
From next year, the grocer will supply…
Read MoreMcColl’s shares down 33% amid ‘disappointing’ supply issues
McColl’s share price has plunged to record lows after it warned that profits would be hurt by product shortages.
The convenience store chain, which has already taken a stock market…
Read MoreProperty investor SUPR buys Big 4 sites for £73m
An investment trust has topped up its “growing portfolio” of grocery sites by spending millions on two Big 4 stores.
Supermarket Income Reit (SUPR) bought a Tesco in Swansea and…
Read MoreM&S shares up 28% in month after return to profit
Marks & Spencer’s share price has soared after reporting a half-year profit of almost £160 million.
The 30 per cent increase from last year, when the retailer made its first…
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