John Lewis boss vows to keep employee-owned retailer ‘unique’ April 26, 2023 Dame Sharon White has vowed to preserve what makes the John Lewis Partnership “unique,” as the chief of the struggling retail chain outlines how the company plans to navigate the cost of living crisis and retain its customer base. Dame Sharon told The Telegraph retailers were continuing to see the “effects of the pandemic” and [...]
Burger King grilled for advertising plant-based burger not suitable for vegans April 15, 2020 Burger King has been given a grilling by the advertising watchdog over its “misleading” claims about a plant-based burger that is not suitable for vegetarians or vegans. In January the fast food chain promoted its new “plant-based” Rebel Whopper burger with the tagline “100% Whopper. No Beef.” Adverts posted to Facebook also branded the new [...]
Fast food fears: Warning of Christmas shortages if 600 supply workers strike October 18, 2022 There could be major food shortages this Christmas at many of Brits’ favourite eat-outs due to strike action. Almost 600 workers for Bestfood, which delivers fresh produce to some of the country’s most-loved chains, are threatening industrial action. The workers are members of the GMB Union, and “bust a gut” to keep outlets such as [...]
John Lewis CEO: Bailey wants you to be gloomy – and it’s working August 13, 2023 The new Chief Executive of John Lewis has given a stark warning to the Bank of England, cautioning against higher interest rates that could “tip into recession”. Nish Kankiwala was appointed as the Partnership’s first Chief Executive in March and has since been laying out his recovery plan for the struggling high street favourites John [...]
Domino’s Pizza appoints experienced Aus boss as as new chief: ‘A textbook definition of a safe pair of hands’ July 13, 2023 Domino’s Pizza has appointed a new chief executive, bringing in the chain’s Sydney-listed head for over two decades. Andrew Rennie will get a slice of the action right at the top, having previously been its chief in France and Belgium, Australia and New Zealand, and most recently, Europe, which includes its ‘master franchise agreements’ in [...]
Piazza power! London needs to embrace the European public square November 23, 2023 The European public square is a thing of glory and a bastion of politics and philosophy. London's town squares... suck. This must change.
Renault restarts production in Moscow, backed by main shareholder, the French government March 21, 2022 The French government has backed carmaker Renault’s decision to resume manufacturing at its Moscow plants. The company had suspended production last month due to logistical issues relating to the war in Ukraine. The move was made on Vladimir Putin’s order, according to The Guardian. Renault, which the French government is the main shareholder of, has [...]
John Lewis annual partner bonus ‘at risk’ as middle class favourite takes on first CEO and faces down talk of pre-tax loss March 15, 2023 John Lewis has drafted in its first chief executive as chairman Sharon White looks to get another pair off hands on deck to help the retail group ahead of its trading update tomorrow. John Lewis Partnership, which oversees the management of department store John Lewis and upmarket grocery chain Waitrose, has appointed retail veteran Nish [...]
The Notebook: Susannah Streeter on the parenthood trap, stripped-back burgers and the terrible trend of pub queues August 21, 2023 Today, it’s Susannah Streeter, head of money and markets at Hargreaves Lansdown, holding the City A.M. pen The pricey parenthood trap I congratulated my 40-something friends and new parents who took on the daunting task of moving house with their baby last week. It’s a challenge we recklessly took on ourselves, almost 17 years ago [...]
Shares in private equity giant TPG surge after flotation January 14, 2022 Shares in US Private equity giant TPG surged on its first day of trading.