Competition watchdog applies further scrutiny to Sainsbury’s-Asda merger September 19, 2018 Sainsbury’s and Asda’s proposed merger will receive further scrutiny after the Competition and Markets Authority (CMA) said concerns over the deal merit deeper investigation. The watchdog warned that the two supermarkets “overlap in hundreds of local areas”, meaning shoppers could face higher prices or worse service if the two were to merge, after its phase [...]
Competition watchdog applies further scrutiny to Sainsbury’s-Asda merger September 19, 2018 Sainsbury’s and Asda’s proposed merger will receive further scrutiny after the Competition and Markets Authority (CMA) said concerns over the deal merit deeper investigation. The watchdog warned that the two supermarkets “overlap in hundreds of local areas”, meaning shoppers could face higher prices or worse service if the two were to merge, after its phase [...]
Brewdog takes on the big dogs – will its advertising cut through with mainstream beer drinkers? September 19, 2018 In its well-documented climb from independent disruptor to industry giant, craft beer brand Brewdog has successfully created a unique name for itself, now sitting at the top of the shelf alongside major industry names. When it comes to shock factor, Brewdog is rarely one to hold back. Back in spring the brand was criticised for [...]
Brewdog takes on the big dogs – will its advertising cut through with mainstream beer drinkers? September 19, 2018 In its well-documented climb from independent disruptor to industry giant, craft beer brand Brewdog has successfully created a unique name for itself, now sitting at the top of the shelf alongside major industry names. When it comes to shock factor, Brewdog is rarely one to hold back. Back in spring the brand was criticised for [...]
Escape Hunt finds it tough to break out of losing streak as profits fall September 18, 2018 Escape room sector heavyweight Escape Hunt reported declining profits in its interim results as the company works to build up resources in its head office. The figures Escape Hunt, which runs escape room experiences including an upcoming Doctor Who themed room, said revenue soared in the last year from £193,000 to £800,000. But gross profit [...]
Escape Hunt finds it tough to break out of losing streak as profits fall September 18, 2018 Escape room sector heavyweight Escape Hunt reported declining profits in its interim results as the company works to build up resources in its head office. The figures Escape Hunt, which runs escape room experiences including an upcoming Doctor Who themed room, said revenue soared in the last year from £193,000 to £800,000. But gross profit [...]
Supermarket sweep: Industry benefits from World Cup shopping spree September 18, 2018 The World Cup and sunny weather led consumers to spend almost £500m more at supermarkets over summer than they did the year before, according to new data released today. Alcohol spending grew by £228m, while people spent £178m more on fizzy drinks and £74m more on ice cream during one of the hottest summers on record, [...]
Supermarket sweep: Industry benefits from World Cup shopping spree September 18, 2018 The World Cup and sunny weather led consumers to spend almost £500m more at supermarkets over summer than they did the year before, according to new data released today. Alcohol spending grew by £228m, while people spent £178m more on fizzy drinks and £74m more on ice cream during one of the hottest summers on record, [...]
Blistering summer puts the heat on Zalando September 18, 2018 Online shopping giant Zalando suffered a 17 per cent drop in its share price this morning, as the firm cut its 2018 outlook for the second time in as many months. The German-based retailer now expects adjusted earnings before interest and tax (EBIT) between €150m and €190m (£133m-£197m), compared with the previous guidance at the low [...]
Blistering summer puts the heat on Zalando September 18, 2018 Online shopping giant Zalando suffered a 17 per cent drop in its share price this morning, as the firm cut its 2018 outlook for the second time in as many months. The German-based retailer now expects adjusted earnings before interest and tax (EBIT) between €150m and €190m (£133m-£197m), compared with the previous guidance at the low [...]