UK grocery sales ease on anniversary of pandemic
30th Mar 2021 11:33
(Sharecast News) - British grocery sales slowed ahead of the anniversary of the first national lockdown, industry data published on Tuesday showed.
Read moreLockdown continues to weigh heavily on shop prices - BRC
30th Mar 2021 08:04
(Sharecast News) - Shops prices continued to fall in March, industry research showed on Wednesday, as embattled retailers discounted goods.
Read moreProfits slide at McColl's despite Covid sales boost
23rd Mar 2021 12:44
(Sharecast News) - McColl's Retail Group reported a slide in annual earnings on Tuesday, despite a surge in demand caused by the Covid-19 pandemic.
Read moreFriday broker round-up
12th Mar 2021 13:25
(Sharecast News) - Petra Diamonds: Berenberg upgrades to buy with a target price of 2p.
Read moreMorrisons pays special dividend as annual profits halved
11th Mar 2021 07:09
(Sharecast News) - Supermarket chain Morrisons saw annual profits halved as it was impacted by extra Covid-19 costs, but also declared a special dividend alongside a final payout.
Read moreSunday newspaper round-up: Greensill, Card Factory, ITV
7th Mar 2021 19:49
(Sharecast News) - Steel tycoon Sanjeev Gupta owes an estimated £4 billion to stricken Australian finance house Greensill and some of the world's biggest lenders. Analysis of the industrialist's spending and borrowing spree over several years reveals that he owes more than £3 billion alone to Greensill, the business that fuelled his growth spree but is now on the brink of administration. - Sunday Times
Read moreUK grocery sales surge as lockdown shutters hospitality sector
2nd Mar 2021 09:14
(Sharecast News) - Grocery sales surged over the last month, industry data showed on Tuesday, as the lockdown continued to curtail spending in cafes, pubs and restaurants.
Read moreMorrisons extends wholesale supply deal with McColl's
1st Mar 2021 07:32
(Sharecast News) - Supermarket chain Morrisons on Monday said it had extended a wholesale supply agreement with UK convenience store chain McColl's Retail.
Read moreOnline grocery sales surge as lockdown 3.0 bites
9th Feb 2021 10:08
(Sharecast News) - British shoppers spent a record £1.4bn buying groceries online last month, industry data showed on Tuesday, following the introduction of the third national lockdown.
Read moreRetailers demand legislation to protect shopworkers from abuse - BRC
5th Feb 2021 11:28
(Sharecast News) - Chief executive officers from over 65 companies wrote to the Prime Minister calling for greater legal protection for shopworkers in England and Wales after an increase of verbal abuse and violence due to Covid safety measures.
Read moreGrocery sales boom as lockdown measures shutter pubs and restaurants
2nd Feb 2021 07:42
(Sharecast News) - Grocery spending spiked in the last three months, boosted by Christmas and the re-introduction of lockdown measures, industry data showed on Tuesday.
Read moreBritish shoppers spend record £11.7bn on groceries in December
5th Jan 2021 10:11
(Sharecast News) - December was the busiest month ever for British supermarkets as tightening restrictions and the closure of restaurants, bars and cafes meant shoppers spent £11.7bn on groceries, according to market research firm Kantar.
Read moreMorrisons Christmas sales up 9.3% as Covid costs rise
5th Jan 2021 07:02
(Sharecast News) - Supermarket chain Morrisons on Tuesday reported a 9.3% rise in like-for-like sales over the key Christmas and New Year period, boosted by more Britons dining at home amid coronavirus restrictions.
Read moreTuesday preview: Georgia, UK GDP on investors' minds
4th Jan 2021 15:57
(Sharecast News) - Elections in the US state of Georgia and a revised reading on third quarter gross domestic product will be foremost on the minds of investors in the UK and elsewhere.
Read moreTesco to win on price cuts, Morgan Stanley says
17th Dec 2020 13:53
(Sharecast News) - Tesco will be the winner with price cuts set to be a major theme for grocers in 2021, Morgan Stanley said as it increased its price target for Tesco shares.
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