Morrisons is expanding the same-day grocery delivery service it runs with Amazon as it races to catch up with booming online demand. By the end of this month, Amazon Prime members in the UK’s 10 biggest cities will be able to use the service for orders from 40-plus stores (The Times £). Morrisons is set to roll out the same-day delivery service it runs with Amazon to dozens of new stores by the end of this month (The Daily Mail).
The chief executive of Morrisons is expected to hammer home the strength of its factories and supply chain in responding to demand when it reveals how sales have fared during the crisis. (The Times £)
Ocado is worth more than Sainsbury’s, Morrisons and Marks & Spencer combined after coronavirus prompted a surge in food deliveries. (The Daily Mail)
Hedge funds have doubled their short positions in two supermarkets – Morrisons and Sainsbury’s – over the past month as they bet that one of the few outperforming sectors during the pandemic will lose its appeal. (The Times £)
Shopping destinations saw their largest ever decline in footfall last month as many people stayed at home under the coronavirus lockdown (Sky News). Britain’s high streets have suffered their biggest decline in footfall on record as the coronavirus lockdown leaves retailers fighting to say afloat (The Telegraph). The number of visits Britons made to shops plunged by an massive 80.1 per cent last month as the country followed strict lockdown rules (The Daily Mail). The number of shoppers visiting UK High Streets, retail parks and shopping centres fell at its fastest rate ever in April as the lockdown forced people to stay indoors (The BBC).
Retail and property chiefs have warned that the government’s business bailout package of reliefs, grants and loans will not be sufficient to stop the “imminent collapse of many businesses”. (The Financial Times £)
Pubs face “devastation” after they were excluded from proposals to allow the hospitality industry to reopen in July, fuelling concern that nearly half could be driven out of business by Covid-19. (The Guardian)
Michelin-starred chef Marcus Wareing has warned the hospitality industry is in danger of collapsing unless it receives more help from the government. (Sky News)
Burger King is set to reopen high street outlets as early as this week as the majority of its sites remain shut during the crisis (The Telegraph). McDonald’s and other drive-through restaurant facilities are being encouraged to reopen after a government minister said they were “made for social distancing” (The Guardian).
Applegreen has been hammered by the Covid-19 outbreak. Motorway traffic is still about 40% below normal levels as commuters and holidaymakers have been confined to home, robbing Applegreen of crucial sales needed to pay down the debt. (The Times £)
Recipe box sales surge under lockdown. Consumers have been looking for something to do as well as something to eat. (The Financial Times £)
Uber’s losses ballooned to £2.3billion between January and March as coronavirus travel restrictions hammered its taxi business, though its food delivery service becomes its ‘silver lining’. (The Daily Mail)
Scotsman makes sure there’s plenty of life at Mars, writes The Times (£). Grant Reid isn’t letting the pandemic knock his strategy for the sweet giant off course.
Primark and Superdry are boosted by European store reopenings in moves that offer early clues as to how customers might react once coronavirus lockdowns are eased elsewhere. (The Financial Times £)
Pizza Express is ‘highly likely’ to launch a restructuring of its giant debt pile, despite organising a £70m loan last month. (The Daily Mail)
The coronavirus pandemic may spur greater use of robotics in food industry to cater for virus-wary customers. For now, robots that cook or serve food are still gimmicks. As economies start to reopen, they may gain a bigger foothold. (The Financial Times £)