Brits blow record £13bn in supermarkets as inflation cools January 3, 2024 Brits spent a record £13.7bn in supermarkets during December, as grocery inflation continues to show signs of cooling.
Tesco completes £8bn Malaysia and Thailand business sale prompting £5bn shareholder windfall December 18, 2020 Tesco has completed the £8bn sale of its Thailand and Malaysia businesses and is gearing up to pay a £5bn special dividend to shareholders. The supermarket announced this morning that the division’s have been acquired by C.P. Retail Development Company, which is backed by Charoen Pokphand Group, CP All Public Company and Charoen Pokphand Foods. [...]
Supermarkets hope for Euro 2024 boost as Asda and Co-op lose ground June 18, 2024 Asda and the Co-op are the only major supermarket brands in the UK to have lost market share over recent weeks, according to new figures.
John Lewis sets out record investment in staff as company battles to retain staff March 6, 2024 John Lewis has announced a record investment in staff pay. The changes will result in minimum pay going up around 10 per cent to £12.89 in London and £11.55 elsewhere in the UK.
If retail execs didn’t already know it, Black Friday is finally over November 29, 2023 We stole Black Friday from the US, and the Americanism is falling out of favour with Brits getting a few pennies off, writes Simon Neville
Nectar users in with a chance to win a year’s worth of shopping in 50 million points payday giveaway January 27, 2023 Nectar, the loyalty card scheme owned by Sainsbury’s, is giving away 50 million points to customers as part of a promotion launching this payday weekend. ‘The Big Points Bonanza’ is taking place every day from 27 January to 4 February and gives shoppers the chance to cash in on some bonus Nectar points, which can [...]
Brand Architekts: Skinny Tan owner inks new deals with Holland & Barrett and Boots July 22, 2024 Brand Architekts, the beauty specialist behind British brands including Skinny Tan and Super Facialist has signed new deals with big name retailers including Asda, Holland & Barrett and Boots to its distributor list, as it continues to battle "challenging" conditions.
Supermarkets ‘implored’ to lower forecourt fuel prices after steady wholesale drop November 28, 2022 Motoring group the RAC has urged supermarkets for not lowering prices in forecourts despite wholesale fuel going down in price. The car-owners’ organisation appealed to the big four – Tesco, Sainsbury’s, Morrisons and Asda to make consumers’ lives easier amid the cost of living crisis. In new figures released, the RAC showed wholesale fuel prices [...]
Former Goldman Sachs analyst given 22-month prison term for insider trading February 16, 2024 A former Goldman Sachs analyst who was found guilty of six counts of insider trading and three counts of fraud has been sentenced to 22 months in prison.
Supreme’s revenues soar to record heights as vaping products save the day November 28, 2023 Supreme rings the half-year mark with record revenues and profit growth just four months after its LostMary and ElfBar partnership.