Barilla buys British fresh pasta maker Pasta Evangelists January 14, 2021 Barilla said on Thursday it had bought a majority stake in Britain’s Pasta Evangelists, re-entering the fresh pasta market and boosting its digital offering at time when the pandemic is driving demand for home deliveries of food and drinks. The companies did not disclose the financial details of the deal, but two sources close to the [...]
Sazka taps former Sainsbury’s boss Justin King for National Lottery bid January 14, 2021 European lottery group Sazka has tapped former Sainsbury’s chief executive Justin King to advise on its bid for the UK National Lottery licence. King, a veteran retail executive who also serves as vice chairman of private equity firm Terra Firma, is the first appointment to a new advisory board working on Sazka’s tender. He will [...]
Lady Diana: Today marks 24 years since Princess of Wales died in a Paris car crash August 31, 2021 Today marks twenty-four years since Diana, Princess of Wales, died in a Paris car crash. The princess – the Duke of Cambridge and the Duke of Sussex’s late mother – was just 36 was she was killed on 31 August 1997. Nearly a quarter of a century on from Diana’s shock death, the statue commissioned [...]
Hedge funds step up bets against retail landlord New River June 30, 2019 Hedge funds are betting against New River as concerns rise that it could be the latest retail landlord hurt by the industry’s struggles. The short position in the company has increased to 7.35 per cent compared to 5.41 per cent on 1 July last year, according to disclosed positions published by Shorttracker. Read more: New [...]
Top 7: The best spas in the UK and beyond May 15, 2024 Feeling frazzled, want to take your fitness to the next level or need to seriously detox with a fast? We round up the best spas and wellness breaks to reboot mind, soul and body . . .
Ocado lists M&S products ahead of delivery partnership launch August 5, 2020 Marks & Spencer has begun listing products on the Ocado website ahead of their delivery partnership, which is scheduled to begin next month. The supermarket has added more than 750 new products, which will be available to buy through the Ocado website from 1 September. However M&S warned customers that it may not be possible [...]
Shakespeare: So far, consumers remain on John Lewis’ side March 17, 2021 Retailer John Lewis has announced hundreds of jobs are at risk as the brand considers the permanent closure of more department stores following the “economic earthquake” of the Covid-19 pandemic. Staff were already told earlier this year that there would be no annual bonus this year. The chairwoman of the John Lewis Partnership, Dame Sharon [...]
High-profile tech founders back $111m London startup fund November 30, 2020 A string of big-name tech founders including former Google boss Eric Schmidt are backing a new fund to invest in startups in the US and across Europe. London-based Firstminute Capital today unveiled a $111m (£83m) venture capital fund after securing support from some of the world’s top tech executives. More than 70 founders of billion-dollar [...]
Asos to create 2,000 jobs with new UK warehouse January 8, 2021 Online fashion giant Asos has pledged to create 2,000 new jobs via a £90m new warehouse in Staffordshire, the company announced this morning. The new 437,000 square ft site in Lichfield “will serve Asos’ growing number of customers in the UK and around the world”, the retailer said in a statement. Asos has seen sales soar [...]
Capita return to growth ‘distinctly possible’ as turnaround starts to do the trick August 1, 2019 Capita’s market value shot up today as investors toasted the first fruits of a sweeping turnaround plan. The outsourcer’s share price jumped 17 per cent on the news margins had grown in four of its six main business divisions. Capita runs the Ministry of Defence’s recruitment programme for the British army. The figures Pre-tax profit [...]