Retail Week looks ahead to the next seven days with updates from Ocado and Superdry on the agenda.
The online grocer unveils its full-year results on Tuesday. Ocado is reportedly in talks with M&S to launch an online grocery service and is sure to face questions on the potential tie-up. The business has already penned deals to license its technology to US grocery giant Kroger, French supermarket chain Casino and Canadian operator Sobeys.
The grocer reported a 12% increase in sales during its fourth quarter, although its average order value fell 1% to £104.91.
The fashion brand updates the market with its third-quarter results on Thursday. Superdry founder Julian Dunkerton has vowed to call a meeting with investors to vote on his potential return to the business. Dunkerton has been critical of the company’s recent performance and its strategy.
Superdry warned on profits in December, blaming “unseasonably warm weather” and consumer uncertainty for its sluggish sales.
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