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Ocado's weak fundamentals and expectations of high prospective returns from their technology platform is understood and priced in by the market. The UK retail platform is a fundamentally low return business and the technology business is experiencing falling barriers to entry compound...
Tollymore is a partnership which manages capital on behalf of its principals and a small, special cohort of investment partners who have demonstrated the ability to think unconventionally. £1 invested in Tollymore at inception was worth £3.58 on 31 December 2020, after expen...
In the US, growth in e-commerce retail sales more than doubled in 2020 due to the COVID-19 outbreak, and is projected to grow at 12% annually over the coming years. Virtually every general merchandise retailer has a website that looks every bit as good as Amazon's. Yet, why is Amazon'...
Many countries recently reimposed lockdowns, which looks like a positive to companies like Ocado. Ocado Group is expanding internationally but its financials do not paint a very bright picture. Since the food delivery sector is growing fast, investors are enthusiastic about Ocado'...
Ocado Retail, a joint venture between Ocado Group ( OTCPK:OCDGF ) and Marks & Spencer Group ( OTCQX:MAKSF ) reports Q3 retail revenue grew 52% to £587.3M, as channel shift to online grocery in UK continues. More news on: Marks and Spencer Group plc, Ocado Group plc, Ocad...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . Global markets churn higher on vaccine hopes Global stocks are trekking higher after the tech rally in the U.S. continues to show le...
Retail sales in the U.K. rose 3.6% in July from June to top the expectation of economists for a gain of 1.4%. More news on: Burberry Group plc, Marks and Spencer Group plc, ASOS Plc, News on the U.S. economy, News on ETFs, Read more ...
Marks and Spencer Group ( OTCQX:MAKSF ) says it plans to cut another 7K jobs from its workforce, The job cuts represent about 9% of the current workforce and follow a slashing of 950 store management jobs last month. More news on: Marks and Spencer Group plc, Consumer stocks news, Stoc...
Marks & Spencer ( OTCQX:MAKSF ) plans to eliminate 950 jobs at the headquarter and store management level. More news on: Marks and Spencer Group plc, Consumer stocks news, Read more ...
Marks and Spencer (MAKSF) (MAKSY) is a fabled British retailer whose shares have been underperforming the market for a long time. It has traded this year at lows not seen since the 1980s but has some hallmarks of being a value trap. Here, I present a SWOT analysis of the state of play for the ...
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NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), today announced the 2024 OTCQX ® Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international co...