Louise

Updated: Jan 7, 2019 SUPR View: As always, an interesting take from James.  Amazon continuing to move into physical grocery stores reinforcing our view that the right omnichannel stores are a great investment opportunity right now. Read more

SUPR View: * LfL Sales (ex fuel) +5.6% => 3 years of +ve LfL * Retail LfL +1.3%, Wholesale LfL +4.3% * Morrisons App launched * In store-pick omnichannel model expanded to 20 stores * 3 new stores opened ytd

Updated: Jan 7, 2019 SUPR view: * Overall grocery sector sales growth strong @ +3.2% (vs 5y av of 1.7%) ** * Tesco +0.9% * Sainsbury‘s +0.6% * Morrisons + 2.4% * Asda +2.4% * Aldi +15.1% * Lidl +5% Read more

Updated: Nov 18, 2018 SUPR view:​ * A logical move for Tesco * Take on Aldi and Lidl head to head * Tesco can buy more cheaply than Aldi and Lidl => Jack’s will be cheaper * Cements discount grocery channel as new distinct channel * Great outlet for Tesco surplus stock * Limited range, no frills … Read more

SUPR view: * Nice demonstration of the value of such sites for last mile distribution * Further foray by amazon in to physical bricks and mortar Read more

SUPR View: * Headline a bit of sensationalist journalism, article goes on to explain that 300 is a max rather than an expected number * CMA have yet to open a formal investigation * Central case in article is for 28 – 54 store disposals (data from UBS) * Number goes to 132 – 161 … Read more

SUPR view: * Supermarket sales strong @ +3.6% (fastest growth this year) * Supermarket visits up 13 million in past month * Burger sales up 47%! * Asda sales strongest in 5yrs @ +3.7% Read more

Updated: Jan 7, 2019 The grocer is planning on opening two new style discount stores this year to take on Aldi and Lidl Read more

SUPR View: * £9mm H1 loss pretty negligible in big picture * Tech Platform potential strong; 6 global partnerships with more deals expected in “medium term” * Sales growth strong @ 11.7% vs sector growth @ 2.3% * Cash position strong @ £447m post £324mm equity raise ** But, with a lot of good news is … Read more