Can you Brexit-proof your investment portfolio? September 16, 2019 The future of Brexit is unknown, but investors and traders need to be proactive if they are to avoid any sudden shocks. Here’s how you might Brexit-proof your investment portfolio. The UK hasn’t left the EU yet, but Brexit is already wielding its influence over the financial markets. For the past three years, investors and traders [...]
Ocado’s warehouse robots help it boost third quarter revenue September 18, 2018 Online grocer Ocado today revealed rocketing revenue in its third quarter, driven by a growth in orders and improved capacity at its robotic warehouses. The figures It grew revenue by 11.5 per cent to £348.6m in revenue over the three months to the start of September. Read more: Asda to end price guarantee scheme in [...]
Ocado’s warehouse robots help it boost third quarter revenue September 18, 2018 Online grocer Ocado today revealed rocketing revenue in its third quarter, driven by a growth in orders and improved capacity at its robotic warehouses. The figures It grew revenue by 11.5 per cent to £348.6m in revenue over the three months to the start of September. Read more: Asda to end price guarantee scheme in [...]
Aldi knocks Waitrose off supermarket top spot while shoppers turn to Iceland and Ocado for online groceries February 12, 2018 Aldi has knocked Waitrose off the top spot as the UK’s favourite supermarket for in-store shopping. Customers rated their experience at the budget retailer as best in Which?’s annual survey. Last year’s most popular supermarket Waitrose fell to fourth-highest, below Marks & Spencer and Lidl. Respondents rated Aldi’s value for money very highly, and were [...]
UK petrol prices: Sainsbury’s, Morrisons and Asda kick off war at the pumps February 9, 2018 A UK petrol price war has kicked off with three of the big four supermarkets slashing prices at the pumps. In the last few minutes, Sainsbury's mirrored an earlier move by Asda and Morrisons this morning to knock 2p off a litre of petrol and diesel. Sources at Tesco said a decision had yet to [...]
UK petrol prices: Sainsbury’s, Morrisons and Asda kick off war at the pumps February 9, 2018 A UK petrol price war has kicked off with three of the big four supermarkets slashing prices at the pumps. In the last few minutes, Sainsbury’s mirrored an earlier move by Asda and Morrisons this morning to knock 2p off a litre of petrol and diesel. Sources at Tesco said a decision had yet to [...]
TSB crisis may have sting in the tail, Andy Hornby’s near-miss with the Sainsbury’s-Asda merger and the FA’s trophy buyer May 4, 2018 The System’s Broken. Try Surrendering Bonuses. TSB customers who found themselves locked out of their accounts for parts of the last fortnight might have devised less polite acronyms for the custodian of their savings. Conspiracy theorists about recent banking history might also trace the origins of the current meltdown to an ill-fated decision in 2010 [...]
The sour notes from the Sainsbury’s boss show that business must do better May 4, 2018 “We’re in the money.” Lyrics made famous by Ginger Rogers and 42nd Street, more recently appropriated by Sainsbury’s boss Mike Coupe in an unguarded off-mic moment at ITV. But whereas the musical focused on the travails of those trying to make it on Broadway in the depths of the Great Recession, for Coupe it came [...]
Retail job losses could number 15,000 as industry strains under cost pressures March 1, 2018 At least 15,000 retail sector jobs have either been slashed this year or are now at risk as household names sink into administration, according to calculations by City A.M. Toys R Us and Maplin went into administration yesterday, putting more than 5,500 jobs in doubt. The double-whammy for the industry comes after fashion chain East [...]
Tinder is carrying out a huge company-wide review to close the gender pay gap March 7, 2018 Dating app Tinder said today it will be carrying out a comprehensive review of its compensation structure to assess any pay discrepancy and tackle the gender pay gap. The firm said that it was “determined to play a bigger role in the fight for gender parity in the workforce”, so had commissioned a global consulting [...]