Investors’ expectations appear high ahead of the upcoming trading updates from supermarket giants and key SUPR tenants Tesco and Sainsbury’s, despite ongoing cost-of-living pressures.
William Farrington at Proactive takes a look at the lay of the REIT land at the moment and why now could be a good opportunity for investors.
Year-on-year growth in December was 9.4%, with sales reaching a new Christmas record at £12.8 billion. This growth was primarily driven by inflation, with volumes slightly down by 1%, reflecting cost of living pressures faced by consumers.
Max King at Money Week has taken a look at six investment trusts to buy today after what has been a challenging year for the sector. He highlights the defensive characteristics, with grocery being non-discretionary spend for consumers:
Clicks need bricks: A major strength of the omnichannel model used by the UK’s major grocers to fulfil online grocery demand, is its ability rapidly adjust capacity to meet the changing demands of customer shopping behaviour.
We have a new record high figure for grocery price inflation according to Fraser McKevitt, head of retail and consumer insight at Kantar.
Marks and Spencer has recently published its half year results, highlighting food sales growth of 5.6% in the period.
The Grocer published footfall data that shows city centre convenience store footfall is down 20% vs pre-pandemic whilst supermarkets footfall is up 30% vs pre pandemic levels.
M&G Investments Insights issued an online guide to managing rising inflation, and positioning portfolios for resilience. We highlight two…
