Mar 5, 2019 | Brexit, Food Equipment & Services, News, Retailing
As Brexit uncertainty intensifies, the latest grocery market share figures, published from Kantar Worldpanel, shows year-on-year supermarket sales growth of 1.9% during the 12 weeks to 24th February 2019. Overall, grocery volumes rose by 1.2% in the 4 weeks which is...
Feb 27, 2019 | Food Equipment & Services, News, Retailing
Following press and media speculation, Marks and Spencer Group Plc (M&S) has announced the creation of a 50/50 joint venture with Ocado Group Plc (Ocado) and states it ‘will transform online grocery shopping for UK consumers’. As suggested by FMT yesterday in our...
Feb 26, 2019 | News, Retailing
Marks and Spencer Group PLC has confirmed that it is in discussions with Ocado Group plc regarding a joint venture in the UK retail market, believed to have a potential value of £1.8bn. Shares in both companies jumped following the news, which would give M&S a...
Feb 26, 2019 | News, Retailing
Products that are allegedly high in salt and saturated fats are being marketed as ‘healthy’ by leading supermarkets, according to a new report by BBC Radio 5 Live. BBC researchers visited branches of the top five supermarkets in the UK and, according to BBC, found...
Feb 25, 2019 | News, Retailing
Radical cost cutting by the American food giant Kraft Heinz, known for its ketchup and other food brands, means the business is now facing up to what appears to be a failed strategy for boosting profits. According to analysts, Kraft’s strategy on cost cutting...
Feb 21, 2019 | News, Retailing
The Competition and Markets Authority (CMA) has found that the proposed deal between Sainsbury’s/Asda could lead to a worse experience for shoppers across the UK. This is said to be through higher prices, a poorer shopping experience, and reductions in the range and...
