Supermarket shares are vulnerable to online entrants

Alan Green joins the UK Investor Magazine Podcast to discuss changes to consumer trends in the UK and a number of UK-listed equites.

As Ocado releases a trading statement highlighting significant growth in sales driven by the coronavirus pandemic, we question the longer term impact on traditional bricks and mortar supermarkets listed in London.

Ocado trades at a materially higher price-to-sales ratio than the UK’s supermarkets and we explore whether this premium is due to Ocado’s technology offering or is it investors pricing in disruption to supermarket businesses in the future.

The UK high street has been decimated by the growth of online shopping, particularly for clothes, but will this spread into food and grocery retailing?

We also discuss Eddie Stobart Logistics LON:ESL, Katoro Gold LON:KAT and I3 Energy LON:I3E

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