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Ocado triumphs over AutoStore in ‘misconceived’ court battle

December 14, 2021

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…

Ocado opens 2nd-largest hub in bid for 600k weekly orders

Jefferies: Ocado can save supermarkets from e-commerce

Finance Innovation Supermarkets

e-commerce grocery Jefferies Marks & Spencer Max Hammond MFCs Ocado Share price Supermarkets Walmart

December 9, 2021

Benedict Smith

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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…

McColl’s has seen revenue fall and debt grow in what its management admitted was a “tough year” for the convenience retailer

More misery for McColl’s as revenue falls 11%

Finance Supermarkets Symbol Groups

Balance Sheet Big 4 Convenience Stores debt EBITDA grocery Jonathan Miller McColl's Morrisons revenue Share price Supermarkets

December 8, 2021

Benedict Smith

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,…

Shares at sandwich giant Greencore dip as Coveney resigns

People Suppliers

Christian Härtnagel Greencore grocery Lidl Lidl GB Patrick Coveney Ryan McDonnell Sandwiches Share price Supermarkets Suppliers

November 26, 2021

Benedict Smith

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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…

The company behind Robinsons and Tango has hailed its “disciplined cash management” as full-year profits rose 9.1 per cent

Profits up 9% at Robinsons owner Britvic

Finance FMCG

Balance Sheet Britvic drink FMCG grocery Inflation Kraft Heinz Nestle Profit revenue Robinsons Share price Simon Litherland Tango

November 24, 2021

Benedict Smith

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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…

EU needs ‘common sense’ to avoid food crisis, says M&S

Private equity giant Apollo mulls bid for M&S

Finance Supermarkets

Apollo Asda Buyout Fortress grocery high street Issas Marks & Spencer Morrisons Private equity Share price Supermarkets TDR Capital

November 22, 2021

Benedict Smith

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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…

M&S has launched its recruitment drive for 12,000 seasonal workers to support its stores over Christmas.

M&S ‘extends reach’ with supply deal for 2500 Costa Coffee stores

Supermarkets Suppliers

Balance Sheet Cafes Costa Coffee Food grocery Half-year results Made Without Marks & Spencer Plant Kitchen Profit Share price Steve Rowe Stuart Machin Supermarkets Supply deal

November 19, 2021

Benedict Smith

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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…

McColl’s shares tumble after plans to raise £30m

McColl’s shares down 33% amid ‘disappointing’ supply issues

Finance

Big 4 grocery HGV drivers Jonathan Miller lorry driver shortage McColl's Morrisons Product shortages Profit Share price Stock shortages Supermarkets supply chain

November 17, 2021

Benedict Smith

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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…

An investment trust has topped up its “growing portfolio” of grocery sites by spending millions on two Big 4 stores

Property investor SUPR buys Big 4 sites for £73m

Finance Supermarkets

Aldi Atrato Capital Ben Green Big 4 grocery Marks & Spencer Morrisons property Sainsbury's Share price Supermarket Income REIT Supermarkets SUPR Tesco

November 17, 2021

Benedict Smith

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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…

M&S launches food range on British Corner Shop

M&S shares up 28% in month after return to profit

Finance Supermarkets

Covid e-commerce grocery Marks & Spencer Ocado pandemic Profit Share price Steve Rowe Supermarkets

November 15, 2021

Benedict Smith

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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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Shrinkflation: is the tactic a necessary evil as suppliers battle to keep costs low?

12/08/2022 11:01 AM

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From shrinking chocolate bars to half-full packets of crisps, it’s safe to say that shrinkflation has been a fairly common &...

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Shrinkflation: is the tactic a necessary evil as suppliers battle to keep costs low?

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