Ocado has encountered significant obstacles recently, raising questions about the sustainability of its advanced warehouse technology and its partnerships with major retailers. Recent developments include the decision by Sobeys, a
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Rami Baitiéh delivered an optimistic update regarding Morrisons’ Christmas sales performance, signalling a level of resilience amid ongoing industry challenges. This report comes at a time when the retail sector
Morrisons has announced a substantial loss of £381 million for the previous year, largely attributed to escalating borrowing costs and a decline in consumer spending. This announcement marks a challenging
Asda has announced plans to put more than 150 jobs at risk of redundancy, following a significant decline in trading during the Christmas period. The supermarket’s market share in Britain
The City’s fixation on short-term profits is misguided, according to Ocado Group’s chief executive, Tim Steiner. The grocery and technology group’s head has urged investors to adopt a longer-term perspective
