City
Keeping the wolf from the door
Despite online being initially viewed as something of a saviour for ‘non-essential’ retailers forced to close their stores the reality has been more painful as many have been unable to operate online. A combination of issues over social distancing in warehouses and subdued demand for products within various categories has made it tough for many…
Read MoreView from the City – Ocado
If there is one thing we can be certain of over the past few weeks it is that food delivery has moved onto a new level of demand as the lockdown has driven significant adoption of the services of the main supermarkets. Customers have flocked to the major grocers and created seriously long virtual queues…
Read MoreFolly of spinning-off e-commerce arms
It is proving to be a buoyant time for retail IPOs with massive excitement around the Ao.com and Boohoo flotations. What has most excited investors are the stratospheric valuations placed on these online-only businesses. The multiples attached to them will have also caught the attention of established retailers who must be looking on with serious…
Read More