Lidl set to open 38-acre warehouse in Leeds September 17, 2018 Budget supermarket Lidl has announced it will open a new, 38-acre warehouse site in Gildersome, Leeds, as part of its plans for long-term expansion. The new location will operate as a regional distribution centre for the company, and is expected to create around 500 jobs. Lidl is currently undertaking a £1.45bn expansion, with 16 distribution [...]
Toke-a-cola? Coke reportedly in talks with cannabis company September 17, 2018 Coca-Cola is reportedly in talks with Canadian legal marijuana company Aurora Cannabis to develop cannabis-infused drinks. According to Bloomberg, Coca-Cola and Aurora are in “serious talks” over the development of drinks that would contain cannabidiol, known as CBD, a non-psychoactive cannabinoid that is credited with various health benefits. Read more: High times: The City gears [...]
Toke-a-cola? Coke reportedly in talks with cannabis company September 17, 2018 Coca-Cola is reportedly in talks with Canadian legal marijuana company Aurora Cannabis to develop cannabis-infused drinks. According to Bloomberg, Coca-Cola and Aurora are in “serious talks” over the development of drinks that would contain cannabidiol, known as CBD, a non-psychoactive cannabinoid that is credited with various health benefits. Read more: High times: The City gears [...]
Unilever shareholder threatens to vote down Dutch headquarter move September 17, 2018 Unilever's plan to move its headquarters from London to the Netherlands and be removed from the FTSE 100 was sharply criticised by a top shareholder today. Top 20 investor Aviva, which holds around a 0.6 per cent stake in the company, said it would vote against the move, which requires 75 per cent of shareholders to be passed. Read more: [...]
Unilever shareholder threatens to vote down Dutch headquarter move September 17, 2018 Unilever's plan to move its headquarters from London to the Netherlands and be removed from the FTSE 100 was sharply criticised by a top shareholder today. Top 20 investor Aviva, which holds around a 0.6 per cent stake in the company, said it would vote against the move, which requires 75 per cent of shareholders to be passed. Read more: [...]
Slug and Lettuce owner toasts World Cup and Be At One acquisition after record quarter September 17, 2018 Slug and Lettuce owner Stonegate has reported a record a quarter due to the World Cup and said growth would continue after acquiring a portfolio of Be At One cocktail bars. The company, which also owns Walkabout and Yates said it sold 4.5m pints over the course the tournament, with a peak of 367,000 during [...]
Slug and Lettuce owner toasts World Cup and Be At One acquisition after record quarter September 17, 2018 Slug and Lettuce owner Stonegate has reported a record a quarter due to the World Cup and said growth would continue after acquiring a portfolio of Be At One cocktail bars. The company, which also owns Walkabout and Yates said it sold 4.5m pints over the course the tournament, with a peak of 367,000 during [...]
Amazon launches investigation into claims employees accept bribes for leaked data September 17, 2018 Online retailer Amazon is to conduct an investigation into claims that some of its employees have been accepting bribes for exchanging confidential sales data. The Wall Street Journal reported that employees are allegedly selling information on sales and searches to independent merchants using its platform, as well as deleting negative reviews, with the aim of [...]
Amazon launches investigation into claims employees accept bribes for leaked data September 17, 2018 Online retailer Amazon is to conduct an investigation into claims that some of its employees have been accepting bribes for exchanging confidential sales data. The Wall Street Journal reported that employees are allegedly selling information on sales and searches to independent merchants using its platform, as well as deleting negative reviews, with the aim of [...]
Moo-ving forward: Dairy Crest on track for full-year targets as Cathedral City and Clover brands milk revenues September 17, 2018 Dairy Crest said today it was milking revenues that are ahead of last year thanks to the success of its popular cheese and margarine brands. Ahead of its interim results on 7 November, the company said strong growth for its Cathedral City and Clover brands had boosted business. Profit is expected to be "slightly ahead" of [...]