Ocado and Marks & Spencer see shares rise on reports of food delivery partnership January 28, 2019 Shares in Marks & Spencer and Ocado were up this morning following reports the firms are in talks over a possible food delivery partnership. Ocado and Marks & Spencer saw their shares rise five per cent and one per cent respectively in early trading after it emerged the retailer could sign a deal to use [...]
Boris Johnson’s interventionist obesity strategy will fail. We need more choice, not less to slim down May 25, 2021 Obesity is on the rise like never before. More than one in four people in the UK are now obese, one of the driving forces behind the mortality rate from Covid. In the year leading up to the pandemic, more than a million people were admitted to hospital for obesity-related treatment in England. Record hospitalisations [...]
Shakespeare: M&S’ Veganuary campaign pays dividends February 24, 2021 Supermarkets and food chains went all out for this year’s Veganuary challenge, which encourages participants to ditch meat and dairy for 31 days. Many launched new products, meal plans and websites with information on plant-based diets. More Britons are trying a vegan diet in January, with non-profit organisation Veganuary seeing a record 500,000 sign-ups to [...]
Greggs to cut 820 jobs as Covid-19 impact bites November 13, 2020 Greggs will cut 820 shop staff jobs as it expects trading to remain below normal for the foreseeable future due to the Covid-19 pandemic, a company spokeswoman confirmed this evening. In September Greggs launched a consultation with union and employee representatives and was aiming to minimise job losses by negotiating reduced staff hours. The company [...]
Marks & Spencer blames weak consumer confidence for drop in Christmas sales January 10, 2019 Sales slumped at Marks & Spencer over the key Christmas shopping period, the retailer said today, as analysts criticised its "outdated" business model for an over-reliance on high street shoppers. The figures Like-for-like UK sales fell by 2.2 per cent year on year in the three months to the end of December to hit £2.78bn. [...]
Ocado strikes factory deal with Australian grocer Coles a month after £1.5bn Marks & Spencer tie-up March 26, 2019 Ocado has agreed a deal to provide two robot-operated fulfillment centres for Australian grocer Coles Online, as it doubles down on its growing role as a retail technology supplier. Read more: Ocado shares burn after 48-hour blaze at robotics centre The online supermarket will build and operate the customer fulfillment centres in Sydney and Melbourne, [...]
‘Grim reading’: Marks & Spencer sales keep falling as it rethinks food and clothing brands November 7, 2018 Same-store sales at Marks & Spencer’s food and clothing divisions both fell as it told investors it expects “little improvement” in the months ahead. The figures M&S revenue declined 3.1 per cent year on year to £4.96bn in the six months to the end of September. Clothing and home division revenue dropped 2.7 per cent due [...]
Tory MP arrested on suspicion of rape August 2, 2020 A Conservative MP and former minister has been arrested after a woman in her twenties accused him of rape, sexual assault and coercive control. The Tory MP was taken into custody yesterday and released on bail. The Metropolitan Police confirmed they have launched an investigation into four alleged incidents between July 2019 and January 2020 [...]
Gove expects Brexit delays at the border with France and Ireland to worsen January 8, 2021 Gove expects Brexit delays at the border with France and Ireland to worsen
Botanical drinks startup with top City backers set for crowdfunding May 14, 2019 A botanical drinks startup which counts high-profile City veterans and celebrities among its backers is set to launch a £1m crowdfunding in its latest expansion drive. David Spencer-Percival, the serial entrepreneur who runs No.1 Rosemary Water, told City A.M. he is looking to lure in fresh capital amid a global product drive and the launch of [...]