Sector News

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

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