GlobalData

China-Australia Trade Tensions Impacting Agri-Food Sector, Says Analyst

The decision of China Mengniu to pull out of a deal to buy Australia's Lion Dairy & Drinks earlier this week underlines the rocky trade relationshi...

Marks & Spencer To Cut Workforce – What The Analysts Said

Marks & Spencer has announced plans to cut its workforce by around 7,000 over the next three months, shedding roles in its central support centre,...

Direct-To-Consumer Set To Continue To Grow Post COVID-19: Study

The direct-to-consumer (D2C) market has expanded into almost every retail sector and is set to be a lasting winner from the COVID-19 crisis, a study by Glo...

Ocado Half-Year Results – What The Analysts Said

Online retailer Ocado has posted a 27.2% increase in retail revenue in the first half of its financial year, however group EBITDA was down by more than a t...

Meal-Kit Firms Need To Work Harder To Make Post COVID-19 Gains Stick

Meal-kit firms, which have enjoyed a bumper sales period due to COVID-19, may face challenges in the future unless they work hard to tap into customer dema...

Sainsbury's First-Quarter Results – What The Analysts Said

Sainsbury's reported a 10.5% increase in grocery sales in the first quarter of its financial year, with the retailer more than doubling its digital sales d...

Tesco First-Quarter Results – What The Analysts Said

Tesco has posted a 8.2% increase in like-for-like sales in the first quarter of its financial year; a period that was dominated by the coronavirus crisis....

Poundland's Town Centre Presence Could Hamper Post-COVID Recovery

The location of Poundland stores in town centres could hamper the retailer's recovery as long as the spectre of COVID-19 hangs over consumer confidence, a...