Asda ranked worst big supermarket for treatment of suppliers while Iceland comes last overall June 25, 2018 Asda ranks lowest among the big four supermarkets for treatment of suppliers, according to the regulator's annual report released today. Out of all 10 grocers assessed by the Groceries Code Adjudicator survey, Iceland ranked last and the Co-op was second from the bottom. Some eight per cent of Asda suppliers reported that the supermarket "rarely" [...]
Amazon’s sales jumped in the last quarter, but it missed analyst targets February 2, 2017 Online retail giant Amazon.com's share price fell four per cent in after-hours trading as operating income and revenue for the fourth quarter fell lower than expected. The figures Amazon reported a 22.4 per cent increase in its fourth-quarter revenue, driven by strong sales in the holiday period and increased Prime subscriptions. Net sales were up [...]
Time to put your phone down and ask Alexa instead | City A.M. July 19, 2018 A decade ago, if you asked anybody in the customer service game how consumers will interact with their favourite brands in the future, the lion’s share would have told you that actually having to speak to someone is going be unnecessary and uncommon – if not totally extinct. Now it’s becoming clear that the shift [...]
DEBATE: With House of Fraser closures, does it matter if consumers desert the high street for online outlets? June 8, 2018 With House of Fraser closures, does it matter if consumers desert the high street for online outlets? John Phillips, general manager (EMEA) at Zuora, says YES. Yes, it does matter if consumers desert the high street. Bricks-and-mortar retail is in trouble. Across the US and Europe, online retail is growing exponentially, while offline sales seem [...]
Chris Kermode interview: ATP Tour chief on the men’s tennis circuit’s rebranding, efforts to attract new audiences and the future of London’s ATP Finals host status November 13, 2018 The iceberg looming for men’s tennis is the shelf life of the superstar players who have virtually monopolised the game’s top prizes for the last decade – according to conventional wisdom, at least. Chris Kermode, president and executive chairman of the ATP Tour, has bigger worries, however. For Kermode, the greatest challenge facing the elite [...]
Global Cities 30 index: Seattle’s boom is about far more than Amazon May 5, 2017 The Schroders Global Cities Index ranks the fastest growing urban economies in the world, focusing on the potential for property investment. Read more on the Global Cities Blog. On this post, we examine Seattle's success and its future prospects . Why Seattle? Sitting at no.25 in the Global Cities Index, we rate Seattle as a [...]
Corbyn won’t stop until the government controls everything September 4, 2018 Back in November 2013, the general secretary of the Unite union, Len McCluskey, outlined what he believed was so refreshing about then Labour leader Ed Miliband’s platform. “What is particularly important is the underlying rationale for what Ed has proposed,” McCluskey boomed. “There are some things too important to be left to the market.” “Too [...]
Ancient Origins founder Joanna Gillan travels the world to write about history and explore historical locations January 21, 2019 What would be your ideal job? For some, it might be trying to make the world better by saving the pandas or cleaning up the oceans. Others may simply want to make lots of money while wheeling and dealing in a high-stakes career. But for many of us, I’d wager the ideal job would involve [...]
Tech giants like Facebook and Google face UK tax shake-up focusing on revenues rather than profit February 22, 2018 Some of the world’s largest tech firms are set to face a significant tax shake-up from the UK government. The likes of Google and Facebook could see changes in the tax system that would mean a new tax on revenues, rather than profits – a smaller figure. A Treasury minister told the BBC that the [...]
Premiership takeover: A sports lawyer explains the questions rugby union clubs are pondering September 12, 2018 The shareholders of Premiership Rugby Ltd agreed on Tuesday that the sale of a majority stake to global private equity firm and former Formula One owners, CVC Capital Partners, is not their “preferred option”. The deal would have seen CVC purchase a 51 per cent stake in the Premiership for a reported £275m. The result [...]