Sales at Morrisons drop as supermarket boss cites ‘very fragile’ trading environment June 29, 2022 Supermarket Morrisons has seen sales drop by 6.4 per cent in the second quarter of the year, blaming a “very fragile and difficult consumer environment.” In a trading update for the 13 weeks ending 1 May, the grocer said it had experienced a “very challenging” trading environment with cash-strapped Brits tightening their belts as inflation [...]
Hollywood Bowl eyes expansion to more than 110 centres in UK and Canada October 10, 2022 Hollywood Bowl has said it sees “a significant opportunity” to roll out its leisure business to more than 110 centres across the UK and Canada. In a trading update on Monday, the bowling alley operator said it was eyeing expansion opportunities across its three experiential brands, Hollywood Bowl and Puttstars in the UK and Splitsville [...]
Ovo exits parent firm in founder Stephen Fitzpatrick’s latest reshuffle July 31, 2023 Big Six energy supplier Ovo has cut ties with its long-standing parent company Imagination Industries, according to its latest results.
RMT announces three more days of rail strikes over Christmas December 5, 2022 The union RMT has announced three more days of strike over Christmas as it put Network Rail’s offer to its members with the recommendation to reject it. Workers are set to walk out from 6pm on Christmas Eve to 6am on 27 December. This will be in addition to the planned industrial action on 13, [...]
Who owns Newcastle United now? How much did PIF pay Mike Ashley in 2021? November 28, 2023 All you need to know about who owns Newcastle United.
How Aldi boss intends to see off supermarket rivals and bring discount store within reach of all UK shoppers April 3, 2023 Aldi will not stop the “relentless” roll out of its value supermarkets across the UK, despite attempts by rival supermarkets to scupper its growth, its chief executive has said. Giles Hurley, the head of UK and Ireland operations for the German discounter, told The Telegraph that they are going to bring stores within easy reach [...]
What will get London workers back into the office? March 14, 2024 Last Friday, passengers began to travel with off-peak Tube and train fares and will be allowed to every Friday until 31st May, 2024. The new scheme – announced by Transport for London (TfL) at the end of January – is a bid to increase the number of people travelling on London transport after it was [...]
DFS sales slump but retailer reassures on profit January 14, 2020 Furniture retailer DFS reported a dip in sales in the second half of the year following “subdued” trading in August and September. The company said gross sales were down six per cent in the 26 weeks to 29 December, “reflecting a challenging consumer environment”. Read more: Sofa retailer warns fewer house sales will impact trading [...]
Supermarket shoppers turn to frozen and canned meats in a bid to slim cost of weekly shop June 28, 2022 Supermarket shoppers are swapping out traditional meat products for cheaper frozen and canned alternatives, in a bid to cut down on costs. According to freshly published data from NielsenIQ, volume sales across all categories at UK supermarkets dropped 5.5 per cent over the past four weeks. With household bills sky-rocketing in recent months, shoppers have [...]
Wilko rumour mill: B&M shares up as takeover whispers gather volume August 15, 2023 Wilko has fallen into administration but rumours are flying that fellow discounters could be circling the stricken retailer