Will Shu news and analysis – Page 4
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NewsCity snapshot: Deliveroo posts double-digit first quarter growth against 2021 lockdowns
Deliveroo posted double-digit growth in its first quarter despite benefitting from Covid lockdowns last year, although spend per order fell. Plus retail growth slows in March, Parsley Box targets recovery from “tough” year and all the rest of the latest news from the City.
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NewsMedia Bites 31 March: Holland & Barrett, Starbucks, Deliveroo
Holland & Barrett has been left in limbo over a crucial debt payment held up by HSBC given the bank’s concerns about links to Russian oligarchs on the sanctions list
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NewsCity snapshot: Ocado retail sales slow as shoppers return to pre-pandemic habits
Retail revenues at Ocado slowed by 5.7% in the first quarter of its financial year as shopping habits returned backed towards pre-pandemic levels. Plus, Deliveroo losses top £300m as it invests in growth and all the latest news from the City.
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NewsCity snapshot: Premier Foods ups profits guidance on continued branded growth
Premier Foods saw sales edge back from elevated levels last year in its third quarter, but has upgraded its earnings expectations on continued strong trading so far in its financial year. Plus trading updates from ABF and Deliveroo and all the rest of the latest news from the City.
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Analysis & FeaturesFood & drink in the stock market: who’s up and who’s down?
Covid, Brexit, labour shortages – plcs have had plenty to contend with. So how have stocks fared amid the turmoil?
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NewsDeliveroo continues Editions dark kitchen expansion with new London trio
Deliveroo launched Editions in 2016, and now has locations across the UK, including Manchester, Leeds and Brighton
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Analysis & FeaturesThe 10 most powerful people in rapid delivery and q-commerce
Rapid delivery has exploded in the past year, spurred on by billions of dollars, dynamic leaders, and surging consumer demand
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NewsCity snapshot: Black Friday fails to boost retail footfall
Total UK footfall fell by double-digits in November compared to pre-Covid levels, as the Black Friday event failed to boost in-store shopper numbers.
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NewsMedia Bites 3 Dec: CD&R/Morrisons, Deliveroo, Selfridges
Clayton, Dubilier & Rice has delayed plans to raise £6.6bn in debt to finance its buyout of supermarket chain Morrisons
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NewsMedia Bites 21 October: Nestlé, Asda/EG, THG, Deliveroo
Nestlé upgraded its full-year sales guidance for the second time after the world’s largest foodmaker pushed up prices for products from pet food to ice cream (The Financial Times £). The Lex column in The Financial Times (£) says “a focus on premium products should help Nestlé ...
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NewsCity Snapshot: Nestlé enjoys ‘strong’ organic growth thanks to price hikes and return of OOH
Rising prices, continued elevated demand at supermarkets and a recovery in the out-of-home channel has helped Nestlé boost organic growth by 7.6% in the first nine months of 2021. Plus, Deliveroo updates on Q3; and UK inflation rate slows down in September.
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NewsDeliveroo launches rapid grocery delivery service Hop
Deliveroo Hop is the courier company’s first move to compete with spate of rapid delivery grocery players like Getir, Jiffy and Weezy
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Analysis & FeaturesRapid delivery: where is the fast-moving sector going?
A raft of ‘q-commerce’ players have quickly established themselves. As the market matures, will they prosper or find themselves snapped up?
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Comment & OpinionSupermarkets are in a quandary over on-demand delivery partnerships
We’ve seen the likes of Aldi, Asda, the Co-op, Morrisons and Sainsbury’s jump into bed with these operators
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NewsMedia Bites 12 August: Deliveroo, Vectura, Pret a Manger, John Lewis
Deliveroo’s first set of results since floating on the LSE back in March catch the papers interest this morning, along with the ongoing takeover saga at Vectura.
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Comment & OpinionDeliveroo’s Will Shu is enthused by ultra-fast dark store grocery. Now what?
There are strong indications Deliveroo is planning to respond to the threat posed by ultra-fast delivery businesses
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NewsDark store grocery model elements ‘make a lot of sense’ says Deliveroo chief
Deliveroo makes a £2.10 per order gross profit per order for grocery orders, compared with £2.40 per restaurant takeaway
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NewsCity Snapshot: Deliveroo beats expectations as lockdown takeaway habits prove resilient
Deliveroo has grown ahead of expectations in 2021 as demand for the delivery service proved resilient even with Covid restrictions easing. Plus, the takeover battle for pharma company Vectura will not head into an auction after US PE suitor Carlyle refused to put in a higher bid.
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NewsDeliveroo nabs Amazon’s Devesh Mishra to lead tech organisation
Mishra had been with Amazon for 16 years, working most recently as VP, global supply chain
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NewsDeliveroo shares hit new highs after Delivery Hero buys stake
Shares at Deliveroo have made a strong recovery today after German rival Delivery Hero grabbed a slice of the London-listed food delivery service.