Retail - Featured Post

Ocado Confirms Joint Venture With Marks & Spencer: What The Analysts Said

Ocado has confirmed plans to create a 50/50 joint venture with Marks & Spencer, in a move that one analyst has described as "materially better...

Proposed Tie-Up With Ocado Unilkely To Save M&S' Food Division, Says Analyst

A leading retail analyst has suggested that Marks & Spencer's proposed tie-up with online-only retailer Ocado will not be enough to turnaround the...

M&S And Ocado In Talks Over British Retail Joint Venture

British retailer Marks & Spencer is in talks with online supermarket Ocado to secure a food delivery service for the first time, sending shares in...

South Africa's Shoprite Sees Profits Down 19% In Half-Year

South African-based retailer Shoprite has posted a 19.0% decrease in trading profit in the first half of its financial year, to R3.3 billon (€210 mill...

Retailer Carrefour Eyes Job Cuts In Likely Italian Restructuring

Carrefour, Europe's largest food retailer, could cut around 4% of its Italian workforce - or up to 590 staff - and downsize five of its 51 hypermarkets in...

Sainsbury's-Asda Merger In Doubt: What The Analysts Said

The UK's Competition and Markets Authority cast the planned Sainsbury's-Asda merger in doubt this morning, with the watchdog stating that it has ‘ext...

Sainsbury’s, Asda Reject CMA’s ‘Extensive’ Concerns Over Planned Merger

Sainsbury’s and Asda have hit back at a Competition and Market Authority statement in which the watchdog stated it had ‘extensive competition c...

Amazon Go 'Unlikely To Have A Major Impact' On UK Convenience In Short Term

Amazon Go's entry to the UK convenience market is likely to lead to plenty of column inches and long queues outside its stores, however it is unlikely to r...