Wednesday, February 20, 2019

Sunday papers round-up


Online grocer Ocado is said to be looking for a third giant warehouse to increase its ability for grocery deliveries. As part of its £216m deal with Morrisons, the Bradford-based grocer bought up rights to half of its capacity at its Dordon fulfilment centre. The news comes as Ocado boosted its sales by 20 per cent to £843m over the festive period as “increased capacity” enhanced performance.

Tesco considered a bid for mother and baby company Mothercare, according to The Sunday Times. The bid, which was believed to have been made six months ago, would see Tesco help Mothercare strengthen its business which has seen shares fall sharply by 42 per cent in the last six months. Meanwhile, Tesco are holding its own baby event this month (7 January – 3 February) which gives parents savings on baby essentials.

Home furnishings retailer Cath Kidston enjoyed the biggest jump in consumer awareness across all brands in its sector over the last three years. Consultancy firm Pragma found that 62 per cent of Britons are now aware of the brand; a rise from 11 per cent in 2011.