
(Adds detail) LONDON, Feb 29 (Reuters) - Online retailer Amazon is set to enter the British fresh food market after striking a supply deal with supermarket Morrisons, potentially ramping up competition in the already cut-throat sector. Morrisons, Britain's fourth biggest supermarket,
(ShareCast News) - Morrisons announced on Monday that it has inked a new supply agreement with online retailer Amazon.com that will make hundreds of its products available to Amazon Prime Now and Amazon Pantry customers in the coming months. The London-listed supermarket retailer will provide a whol
LONDON, Feb 29 (Reuters) - Amazon has struck a wholesale supply deal with British supermarket Morrisons that will help the online retailer step up its food offering in Britain with fresh and frozen products. Morrisons, Britain's fourth biggest supermarket, said on Monday the deal would all
* Higher margins in non-food helps compensate for food squeeze * Sainsbury's CEO sees Argos boosting distribution network * Dutch, French deals help keep Amazon in check * Amazon moves into food so customers shop more often * Retail complexity comes at a cost By Emma
(ShareCast News) - Ocado shares dipped on the back of a note from Barclays, saying it is struggling to have "sufficient faith in an imminent international deal" to justify upgrading the stock. The bank said Ocado isn't the only option for grocers wanting to build an online business. "Having said th
(ShareCast News) - Petrofac: Goldman Sachs downgrades to neutral with a target of 909.8p. G4S: Jefferies downgrades to underperform with a target price of 170p. Cairn Energy: RBC keeps at outperform, 200p target. Wood Group: Goldman Sachs downgrades to sell, 517.6p target. Amec Foster Wheeler: No
(ShareCast News) - It was a poor start to the week for the FTSE 250, with the second tier market down 313.83 points (1.96%) to 15,688.45 by mid-afternoon on Monday. Wood Group was one of the market's biggest fallers, as Goldman Sachs downgraded the company from 'neutral' to 'sell' and cut its target
(ShareCast News) - The FTSE 250 was still in the green mid-afternoon on Friday by 10.29 points (0.06%) at 6,097.02, but the second-tier market was tracking downwards. Just Eat led the risers after it revealed it had ordered four online takeaway food businesses in Spain, Italy, Brazil and Mexico for