Sector News

Kantar reports that grocery store footfall jumped by 3.4% over the last four weeks with online capturing 12% of total UK grocery. As…

Tesco has continued to reward shareholders over the year with the share price up 23% since the start of 2019.

Three-year like-for-like UK & ROI grocery sales, which strip out the impact of lockdowns, are up 9.7%. Some commentators have focused on the 1.5% decline in one-year like-for-like UK grocery sales, but that should be expected given last year’s figure was inflated by much higher grocery spending in lockdown last year.

Bricks and mortar #omnichannel stores give customers the option to shop in person, click and collect or use home delivery services. Omnichannel stores provide retailers the ability to rapidly scale up (and down) online distribution without major investment in standalone distribution hubs.

Research into Amazon’s US grocery operations has highlighted that grocery players need a multichannel offering to be successful, again pointing to the value in omnichannel stores.

As the new food delivery platforms look to expand beyond major UK cities, the established store networks and supply chains of Big 4 operators make collaboration increasingly attractive.

Further evidence of the stickiness in growth of grocery sales and online grocery vs pre covid in Waitrose & Partners results.

Ocado’s recent results underline the difficulties for new tech competing with established operators in the growing online grocery market.

Kantar: Grocery sales remain elevated on pre-pandemic levels, despite work, social and shopping habits starting to return to normal