GlobalData

Ocado's Joint Venture With M&S 'Off To A Good Start', But Challenges Remain

Ocado's joint venture with Marks & Spencer has 'got off to a good start', in the eyes of leading retail analysts, however the business still has wo...

Associated British Foods Trading Update – What The Analysts Said

Associated British Foods has said that trading in the fourth quarter of its financial year 'exceeded expectations', with its Primark, Grocery and Sugar ope...

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...