Bruno Monteyne news and analysis – Page 3
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News
City News: Analysts welcome hefty price tag for Tesco’s Asian arm
Tesco’s long-shelved plans for global domination were further unwound this week with the sale of its Asian arm for £8bn, as it continues to refocus on its core business.
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Comment & Opinion
Coronavirus: industry needs sensible support from politicians, not soundbites
Matt Hancock’s reassurance was short-lived as Defra was forced to play catch-up on industry talks
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News
Retailers struggling to stop shoppers stockpiling as coronavirus panic sets in
Retailers and suppliers have been keen not to raise fear levels, but that has not stopped shoppers clearing shelves
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News
Tesco to begin price matching Aldi across hundreds of products
The campaign includes both own label and branded goods and will also apply to products ordered online at Tesco.com
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News
Market crash creates 'buying opportunity' for UK supermarket stocks
Heavy share price falls across global stock markets have created a buying opportunity for undervalued UK supermarket stocks, according to broker Bernstein.
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News
Supermarkets ‘face panic buying and stockpiling’ as coronavirus fears escalate
The prime minister chaired an emergency Cobra meeting this morning to draw up plans to try to slow the spread of the virus
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Analysis & Features
Mike Coupe steps down: analyst reaction
Here’s what the analysts have to say on the news of Mike Coupe’s retirement this morning
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News
Christmas trading: which listed supermarket won the golden quarter?
The City was preparing for the worst from this week’s raft of festive grocery trading updates, but supermarket shares largely held firm after a Christmas that left the big players bruised but not beaten
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News
Potts blames ‘year of uncertainty’ as Morrisons posts Q3 sales decline
Potts said there had been “no Boris bounce” for supermarkets after the election
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News
General election: analysts react as supermarkets and UK consumer stocks are bolstered by decisive result
Analysts and City commentators on the implications of Boris Johnson’s landslide victory and what the result means for consumer stocks, the pound and UK plc
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Analysis & Features
Tesco Thailand: analysts react to rumours of ‘jewel in the crown’ sale
City analysts have estimated the sale price at between £6bn and £9bn
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Analysis & Features
Where will Ocado Retail place its mini-CFCs?
Making CFCs smaller increases the number of potential places they can go
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Comment & Opinion
What a ‘mini-CFC’ means for the people of Somerset, M&S and Ocado’s US ambitions
Ocado’s sixth customer fulfilment centre is a little different to the previous five
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News
Tesco CEO Dave Lewis to step down: analyst reactions
Tesco CEO Dave Lewis has announced he is to quit after five years at the helm. Here is how analysts and other experts reacted to the news
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News
Morrisons to close four stores, risking hundreds of jobs
The supermarket said the decision had been taken after a review of the performance of its existing estate
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News
Media Bites 21 August: Grocery market share, Starship, Banana threat
Sainsbury’s has bounced back from the failure of its attempt to merge with Asda, latest industry figures from Kantar suggest.
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Analysis & Features
Can Tesco reimagine Metro for its new convenience purpose?
Job cuts and store overhauls are due for Tesco’s 153 Metro stores
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News
Media Bites 10 July: Ocado/M&S, Asda, Patisserie Valerie
Ocado and Marks & Spencer are both heavily covered in this morning’s papers ahead of the launch of their JV.
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News
Tesco to repurpose excess store space to expand in-store picking
Lewis also confirmed Tesco was considering the idea of launching standalone Finest convenience stores
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Analysis & Features
City uncertain over Tesco’s ‘strong’ start to 2019
Tesco CEO Dave Lewis declared the retailer had a “strong” start to the year, but weakening sales growth left some in the City wondering if its resurgence was beginning to slow.