Asda, Boots and Primark among retailers urging officials to prioritise crime against shop staff August 11, 2022 High street staples including Tesco, Aldi and Primark have signed a letter urging police commissioners to prioritise tackling crimes against shop staff. Some 105 retailers have written to police and crime commissioners in England and Wales, calling for more help with increasing violence and anti-social behaviour towards workers. Reports of abuse towards shop staff have [...]
Investors eye UK supermarkets’ Christmas performance in busy week on London markets January 9, 2022 Investors will be eyeing how the UK’s biggest supermarkets fared over the Christmas trading period in a busy week of corporate announcements on London markets. Traders will be looking for clues in the string of supermarket updates on whether the imposition of plan B measures and soaring Covid-19 cases prompted consumers to divert money that [...]
Graduates set to enter UK’s strongest job market in years as starting salaries soar June 27, 2022 Graduates are set to enter the strongest job market Britain has seen in years, on the back of surging graduate salaries and a major increase in the number of graduate jobs. Graduate salaries are up seven per cent compared to a year ago, while the number of graduate job vacancies is up 59 per cent [...]
Aldi Christmas revenue tops £1bn but growth slows January 6, 2020 German discount retailer Aldi said today that its Christmas sales increased 7.9 per cent year-on-year to break £1bn for the first time. The supermarket chain said its sales in the four weeks ended Christmas eve were driven by strong growth in beers, wines and spirits, its premium Specially Selected range and fresh meat. Total beers, [...]
Sainsbury’s to pump £500m into offsetting rising costs as CEO says ‘we have to make it easy’ May 30, 2022 Sainsbury’s boss said this morning the supermarket giant plans to pump fresh funds into offsetting rising costs over the rest of the year as shoppers become “increasingly concerned” about their finances. The UK’s second largest supermarket chain said it will invest more than £500m into lower pricing by March 2023 as part of a long-term [...]
After Lidl v Tesco: Business branding may seem like a snoozefest, but get it wrong and it may cost you April 20, 2024 After a legal battle of Lidl v Tesco, trademark disputes has been at the forefront of people's minds as the thought of expensive litigation highlights just how important branding is for a business
Marks & Spencer profit dented as Ocado joint venture books £0.7m loss November 9, 2022 Marks & Spencer’s half-year profit slid on Wednesday after it said its joint venture with online grocer Ocado had suffered a £700,000 loss. In half-year results to 1 October, M&S said its group profit before tax was £205.5m, versus a £269.4m sum the previous year. Bosses pointed to a lack of business rates relief compared [...]
Morrisons online sales continue to soar despite lockdown easing May 11, 2021 Morrisons said online sales have continued to soar this year despite the lifting of lockdown restrictions. In an update this morning the supermarket chain said online sales were up 113 per cent in the 14 weeks ended 9 May compared to the same period last year. Internet sales helped boost group like-for-like sales excluding fuel [...]
‘John Lewis of sleep’: Eve Sleep shares sink 30 per cent despite accelerated lockdown growth January 19, 2022 Mattress retailer eve Sleep has reported lifted group revenue growth on 2019 levels with sleepy shoppers keen to opt for premium products. However the ‘sleeptailer’ saw shares sink 30 per cent on Wednesday after admitting Covid infection rates had “placed additional strain” on deliveries. The group posted two year group revenue growth of 11 per [...]
Tesco opens new check-out free store October 19, 2021 Tesco has launched GetGo, its first checkout-free store in central London. The new store trial will allow customers to shop and pay without scanning a product or using a checkout. It is rolling out the technology to Tesco Express High Holborn. Customers with the Tesco.com app will now be able to check-in, pick up their groceries walk straight [...]