Jan 18, 2021 | News, Retailing
Food sales grew by more than 5% during 2020 despite the year being the worst on record for retail sales, according to new data from IGD. For 2020 overall, total retail sales declined 0.3% compared with 2019, however food sales were up by 5.4%. Over the three months to...
Jan 11, 2021 | News, Retailing
Online retailer Ocado has warned its customers that it may face shortages of certain products during the current coronavirus lockdown. In an email, the company explained that changes to the UK supply chain had affected its suppliers and that there may be shortages of...
Dec 18, 2020 | News, Retailing
Tesco has confirmed that it has completed the sale of its businesses in Thailand and Malaysia to C.P. Retail Development Company Limited (CPRD). The supermarket had agreed the sale back in March for $10.6 billion in order to “further de-risk the Tesco business” by...
Nov 27, 2020 | News, Retailing
Organisers of the City Food Lecture have announced that the 2021 lecture will be given by Mel Smith, chief executive of Ocado Retail. Formed in August 2019, Ocado Retail is a 50-50 joint venture between M&S and Ocado Group which serves 350,000 households every...
Oct 13, 2020 | News, Retailing
Grocery sales rose by 10.6% over the latest four weeks as restrictions on eating out pushed consumers back into their homes, according to the latest market share figures from Kantar. The data also revealed that take-home grocery sales have risen by 9.4% in the 12...
Oct 9, 2020 | News, Retailing
Canadian fast-food chain Tim Horton’s has revealed plans to create 2,000 jobs as it continues its expansion across the UK. Having opened its first outlet in the UK in 2017, the company said it hopes to open a store in “every major city and town” over the next...
