Impressive trading results from Sainsbury’s despite the backdrop of supply chain issues. Real estate remains at the core of their food first strategy, with further confirmation of the profitability of online sales.
New grocery delivery apps are great news for stores – and existing operators.
Marks and Spencer provide more evidence of a stronger UK grocery market with the release of their Trading Update based on figures in the 19 weeks to 14 August 2021
Continuing evidence of the resilience of the UK grocery market with the release of M&S FY2021 results.
Today Morrisons released Q1 trading with a positive start to 2021 and further profit growth expected. As we predicted, it’s the 2021 vs 2019 growth that really tells the story
We start 2021 with the hope the newly approved vaccines will bring a happier new year. Is great to see the UK Supermarkets not just remaining open as essential stores, but offering their convenient locations as part of the solution to the immense task of vaccinating the population – floorspace and refrigerated logistics networks.
We see Morrisons this morning as the first UK grocery operator to report trading over the Christmas period, beating market expectations with a 9.3% rise in like for like sales.
Despite the welcome progress on rolling out the vaccine here in the UK, we expect some consumer behaviours to be changed forever – work from home and online grocery.
We were hoping that 2021 would look more like a normal, but that is yet to be the case. Take-home grocery sales in the UK rose by 12.2% during the 12 weeks to 24 January 2021 (vs the same period a year ago), an acceleration on the Christmas period.
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