Louise

Updated: Apr 10, 2019 Tesco has teamed up with Weston Homes to create a mixed use development on the site of its 10.4 acre store in Goodmayes, London.. In their statement, Weston revealed that if successful the scheme will include a mix of private and affordable housing as well as a primary school, playground and public … Read more

SUPR View: Pre-tax loss of £44.4mm Sales up 12.3% with 11.8% more customers Earnings down 20.7% Watch Waitrose negotiations – an extension of 2020 deal key to Ocado Given the timing of the announcement – rumours of a new deal should be taken with a pinch of salt Read more

Latest update on the grocery sector from Colliers, containing insights into the sector and featuring SUPR’s Sheffield store. Download full report

Total UK Retail Sales +3.7% yoy, -0.9% mom Non Food +0.7% yoy, -1.1% mom Food Sales +0.9% yoy  +0.3% mom A record Christmas for UK grocers helped food stores to be the standout retail sales performer over the period, avoiding the malaise affecting the wider sector. Non food retail sales were positive yoy but mom’s were negative … Read more

Updated: Apr 10, 2019 SUPR view: * Strong Christmas trading period and the twelfth consecutive quarter of growth. ​* Christmas like for like sales up 2.6%, outperforming the UK market across food, clothing and general merchandise. ​* Booker acquisition continues to be a strategic success with quarterly LfL sales up 11%. ​* It is worthy of … Read more

Updated: Apr 10, 2019 SUPR view: Latest interims show in-store fulfilment strategy delivering strong results. Growing use of click and collect service. Three new supermarkets added in the quarter. Argos in supermarkets delivers strong merchandise sale growth +10% 23 Argos stores added to Sainsbury’s supermarkets, bringing the total to 274. Still on track to deliver £200m of … Read more

Updated: Jan 7, 2019 Nick Hughes examines the potential merger, assisted by SUPR’s research Including: How would the merger impact the supermarket property sector? Should Aldi and Lidl be considered competitors? Is there an opportunity for Amazon and Morrisons to buy vacated stores? Read more

* Plans for 3,000 brick and mortar AmazonGo cashierless stores across the US by 2021 * c.1,800 Sqft stores focusing on convenience groceries plus freshly prepared, on-the go food  * Targeting dense urban areas with lots of young, affluent residents willing to spend more for quality food * Stores will merge convenience grocery with quick service restaurants (QSRs) market  * … Read more

Updated: Nov 18, 2018 SUPR view on Tesco Interims: * Profit miss purely down to Thailand & Poland * Core UK biz strong * 11th quarter of growth * Margin now c3%, 2020 targets reiterated * Booker flying with growth of 14.7% * Tesco share price sell off is overdone =>Tesco shares buying opportunity