With online grocery eating away at brick-and-mortar players’ market share, Ocado Retail is seeing its revenue rise. The joint venture between British grocery technology company Ocado Group and United Kingdom-based multinational retailer Marks & Spencer announced Tuesday (Jan. 16) in its fourth-quarter 2023 earnings results...
During seasons of high spending, such as over the holidays, many consumers are forced to cut back on basic needs such as food and beverages, PYMNTS Intelligence revealed. By the Numbers For the latest installment of “New Reality Check: The Paycheck-to-Paycheck Report,” a PYMNTS and...
Despite challenging economic conditions, some retailers in the U.K. are planning to open new stores. In recent months, weak consumer demand has fueled a wave of retail closures across Europe. And in the U.K., store closures recently hit a five-year high, according to the U.K.’s...
Price-sensitive grocery shoppers are likelier to reduce the number of items purchased than sacrifice quality. The Data in Action United Kingdom online grocer Ocado Retail, a joint venture between grocery technology company Ocado Group and British retailer Marks & Spencer, noted record high sales over this...
September 27, 2023
During seasons of high spending, such as over the holidays, many consumers are forced to cut back on basic needs such as food and beverages, PYMNTS Intelligence revealed. By the Numbers For the latest installment of “New Reality Check: The Paycheck-to-Paycheck Report,” a PYMNTS and LendingClub collaboration, “The Seasonal Financial Distress Deep Dive Edition,” more […]
January 23, 2023
Despite challenging economic conditions, some retailers in the U.K. are planning to open new stores. In recent months, weak consumer demand has fueled a wave of retail closures across Europe....
January 16, 2023
British retailer M&S is making investments focused on offering food and an omnichannel experience. The firm is investing 480 million pounds (about $586 million) to open 20 new stores across the United Kingdom within the next year, including eight full-line clothing, home, and food stores and 12 food halls, M&S said in a Monday (Jan. […]
September 23, 2019
Microsoft has released a new a new tool to help businesses manage their brands online, according to a report by CNBC. The product is called Dynamics 365 Commerce, and it’s...
February 27, 2019
Marks & Spencer is in discussions with online supermarket Ocado that would offer the British retailer a food delivery service for the first time. “Following press speculation, Marks and Spencer...
June 22, 2018
In an effort to explore artificial intelligence (AI), Britain’s Marks & Spencer Group (M&S) is collaborating with Microsoft. Through their strategic partnership, the companies will experiment with the integration of...
