Walmart mulls Asda IPO after Sainsbury’s merger blocked May 15, 2019 Retail giant Walmart has said it is considering a stock market listing for Asda, just weeks after the supermarket’s failed attempt to merge with rival Sainsbury’s. Walmart International boss Judith McKenna said the US chain is considering an initial public offering (IPO) for its UK subsidiary, but said it was “not rushing into anything”. Read [...]
Tesco Metro prepares to slash 4,500 jobs August 5, 2019 Tesco is set to slash around 4,500 jobs across all of its 153 Metro stores, the company announced today as it battles with a tough retail environment. The cutbacks will reduce processes and administrative tasks across the stores, it said. Read more: Ocado and M&S share prices drop as they complete £750m online delivery deal [...]
Fancy a Covid jab? Here are all the free walk-in vaccine sites open in London this month July 14, 2021 If you haven’t had a chance to book your Covid-19 vaccination, there are a number of sites accepting walk-ins this July. Anyone over 18 can get their Covid-19 jab in England and those attending sites won’t be required to provide identification, proof of address, or be registered with a GP. If you’re lucky enough to [...]
UK supermarkets further increase plastic footprint despite pledges November 28, 2019 Seven out of the UK’s top 10 supermarkets increased their plastic footprint , as the total amount of plastic packaging used rose to 900,000 tonnes a year. Out of the UK’s 10 largest supermarkets, only Waitrose, Tesco and Sainsbury’s achieved marginal reductions over the past 12 months. Read more: Unilever pledges to cut plastic use [...]
FTSE 100 slides as Brexit and impeachment worries hit markets September 25, 2019 Britain’s FTSE 100 benchmark is braced for its worst day in a month after dipping this morning following dramatic political developments on both sides of the Atlantic yesterday. The blue-chip index opened 0.5 per cent down before sliding further to almost 0.9 per cent, with investors fearing news of an official impeachment inquiry into president [...]
‘High-tech’ homes in NW1 listed July 26, 2019 Do you love them or hate them? Whatever your opinion, the row of homes at Grand Union Walk in Camden Town is now officially architecturally significant, having been awarded grade II listed status by Historic England last week. The ten three-bedroom houses and two flats in NW1 were designed by Sir Nicholas Grimshaw in the [...]
Spilling the beans: How coffee chain Grind has carved out its own London niche January 20, 2020 Given how busy life in the capital can get, and how hard the people here work, most Londoners must live on coffee. It’s the only plausible explanation for the explosion in coffee shops in recent years. Independent coffee houses are thriving alongside the big brands like Costa and Pret a Manger. According to research by [...]
City Moves for 15 August – Who’s switching jobs at Moss Bross, Mullenlowe Group and Quinn Emanuel? August 15, 2019 Today’s City Moves includes Moss Bross, Mullenlowe Group and Quinn Emanuel. Moss Bros Men’s tailoring giant Moss Bros has appointed Avis Darzins (pictured) as a non-executive director, effective 1 September 2019. Moss Bros has announced also that Maurice Helfgott, in line with good corporate governance following nine years’ service, will no longer be senior independent [...]
City Moves for 2 August – Who’s switching jobs at Parkdean Resorts, Avonhurst and Capita? August 2, 2019 Today’s City Moves includes Parkdean Resorts, Avonhurst and Capita. Parkdean Resorts Catherine Lynn to has been appointed by Parkdean Resorts to the newly created position of chief customer officer, with responsibility for marketing, digital, insight, commercial and revenue. Catherine joins from Easyjet where she was group strategy and group commercial director. She played a significant [...]
British Land offloads Sainsbury’s superstores for £429m to cut retail exposure April 23, 2019 British Land has sold a swathe of Sainsbury’s superstores for £429m as it ploughs ahead with a plan to reduce its exposure to retail property. Read more: British Land swings to £42m loss as retail market hits portfolio value The FTSE 100 landlord revealed this morning that it is selling 12 superstores from its joint [...]