Asda blames dip in sales on Brexit

Asda blames dip in sales on Brexit

Walmart has published its earnings for the second quarter of 2019 including financial results for  Asda for the period1st April to 30th June 2019. Reporting a straight calendar quarter, which includes a benefit of the later Easter in 2019, the UK supermarket delivered...
Marks & Spencer establishes joint venture with Ocado

Marks & Spencer establishes joint venture with Ocado

Marks and Spencer Group Plc (M&S) has announced the completion of its acquisition of half of Ocado Retail Ltd, the dedicated online grocery retailer. This marks the start of M&S’s 50/50 Joint Venture (JV) with Ocado Group Plc, comprising Ocado’s UK grocery...