|Day Low/High||13.11 / 13.25|
|52 Wk Low/High||10.65 / 16.73|
Tesco said it would resume an interim dividend -- of 1 pence per share -- for the first time since December 2014 when the company found itself embroiled in an accounting scandal.
Investors show concern that Amazon will flex might in European food market
Amazon move heaps further pressure on sector
Supermarkets absorb news that Amazon will lower prices at Whole Foods Market.
One European online grocer chimes in.
Slumping U.K. consumer confidence, which fell to a one-year low Friday amid signs of a slowdown in spending, has sent domestic retail stocks into a tailspin.
Commodity markets, economic growth and the potential for a broad tightening of monetary policy in the developed world over the coming quarters recaptured investors' attention Thursday.
Aided by favorable political news-flow and an absence of adverse economic or earnings data, Europe's benchmarks posted some of the strongest gains seen in the last two months.
Ocado shares surged the most in nearly a year Monday on speculation that it could become an acquisition target for Amazon
European stocks rebounded with a bang Friday as recent central bank actions fell by the wayside and markets took heart from the latest bailout deal between Greece and the EU.
Wm Morrison stock gained in early Thursday trading as sales growth gathered pace in the first quarter, with same-store sales up 3.4%.
Britain's biggest supermarkets see market share trimmed as competition from low-cost competitors heats up.
Ocado shares surged to their highest level of the year Tuesday after reports of a possible tie-up with Marks & Spencer.
The U.K.'s biggest supermarkets, saw sales fall in the 12 weeks to March 26, according to industry data, as inflation bites and low-cost competitors shine.
Ocado, the U.K. online supermarket, reported double digit sales growth in its first quarter sending shares up in the first hour of trading in the London.
The European Central Bank boosted markets when it sounded a hawkish tone Thursday, but it wasn't enough to offset earlier losses for some benchmarks.
John Lewis Partnership, an employee-owned British retailer and industry sentiment benchmark, has warned that faster inflation and shifting consumer habits will make for a difficult trading environment in 2017.
European stocks slipped after a third consecutive session of declines on Wall Street as investors shifted focus to global energy markets and await a key policy meeting from the ECB.
Wm. Morrison Supermarkets posted it first full-year profits in five years Thursday but cautioned on "uncertain" conditions for grocery store companies in 2017.
Walmart's U.K. division was the only supermarket to see declines in the 12 weeks to Feb. 26, supermarket industry data show
U.K. consumers, hit by rising inflation, are foregoing larger purchases to spend on essentials, according to data published Tuesday from the British Retail Consortium
Consumer confidence in the U.K. fell in February as shoppers contend with increased prices and Brexit uncertainty, new figures show, sending supermarket stocks down.
Walmart's Asda ranks the worst grocery store to shop in the U.K., according to a consumer survey, with its online offering not faring much better.
Walmart throws weight behind its ailing U.K. division, conceding it wasn't fast enough to respond to low-cost competitors in the country.
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