United Kingdom Food & Drink Views

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Sainsbury's Continues Its Ascent

UK grocery retailer Sainsbury's has announced strong half-year results for the 28 weeks to the end of September, beating analysts' expectations and immediately rising on the FTSE.

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Online Grocery Sales Will Keep Growing

Online retailers are currently seeing their fastest growth in the UK in over a decade, according to the e- Retail Sales Index. About one fifth of families in the UK shop online for their food and...

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Morrisons' H1 Profits Slide

UK-based retailer Morrisons' underlying profits declined 10% year-on-year (y-o-y) to GBP401mn (US$634.14mn), while its pre-tax profits dropped 22% y-o-y to GBP344mn (US$544mn) in H113/14 ended August...

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