‘The economics are brutal’ for rapid delivery grocery start-ups
The WSJ: Losses mount for startups racing to deliver groceries fast and cheap
Sector News
Exceptional level of demand for supermarket property
Colliers: Exceptional level of demand for supermarket property has left investors facing a potential shortage of grocery-backed assets
Clicks need Bricks
Tesco CEO Ken Murphy revealing the one-hour delivery service Whoosh will be available from at least 600 stores by the end of next year.
Tesco upgrades profit outlook on stronger than expected Christmas
Strong Christmas trading results posted by Tesco
Impressive Christmas results from Sainsbury’s
Strong Christmas grocery volumes and market share growth has led to Sainsbury’s updating their profit guidance.
M&S Christmas trading figures
Further strong results in the UK grocery sector, with M&S releasing impressive food Christmas trading results.
Kantar confirm strong Christmas 2021 trading for UK grocers
Total UK grocery sales down just 3% vs the same period in 2020 during tougher Covid restrictions. Up 8% versus pre-Covid 2019.
British Retail Consortium : ‘Prices will continue to rise’
We expect inflation to remain one of the dominant themes of 2022. Key question is how will investors allocate to protect capital and returns ?
Strong M&S food performance
Impressive food performance outlined in the Marks and Spencer half year results, providing further evidence of the continued resilience in the performance of the UK grocery market.
