Your bagged salad is a Salmonella risk November 18, 2016 Researchers at the University of Leicester have found that juices in salad bags are a breeding ground for Salmonella. Even tiny amounts of juices leaching from salad leaves can encourage the pathogen to grow, and the juices also allow particularly dangerous strains of the microbe to thrive. Read more: #Marmitegate: Tesco boss warns suppliers against hiking [...]
Fuller’s facing unappetising cocktail of Brexit, living wage and business rate increases despite outperforming the market in first half November 18, 2016 Fuller's insisted it has "outperformed the market" in the first half of the financial year but cautioned that it faces an unappetising brew of Brexit, the onset of the National Living Wage and business rate changes. Overall revenue at the pub operator and brewer grew 11 per cent to £197.6m in the six months to 24 September, up [...]
Jimmy Choo’s share price rises on sterling’s slide November 18, 2016 Jimmy Choo's share price climbed this morning after the company reported revenue growth due to improved trading and store openings. The luxury retailer's share price was up three per cent at time of writing. Read more: West End gets Brexit boost as sales to tip over £9bn for the first time It said its success [...]
#Marmitegate: Tesco boss warns suppliers against hiking prices November 18, 2016 Tesco's chief executive Dave Lewis has told suppliers not to up prices due to sterling's slide following the Brexit vote. Lewis recently went to war with Unilever after the supplier tried to increase the price of popular goods such as Marmite and PG Tips by 10 per cent. Read more: Marmite peace settlement sends Tesco to the [...]
Retail sales defy gloomy predictions ahead of a bumper Black Friday November 18, 2016 Retail sales have outperformed expectations ahead of the nation's biggest shopping spree – Black Friday. According to the Office for National Statistics, the volume of retail sales increased by 7.3 per cent in October compared to the same month in 2015 – the highest growth rate for fourteen years. The amount spent online grew by [...]
World’s largest Lego store opens in London’s Leicester Square November 17, 2016 The world's biggest Lego store opened its doors in London's Leicester Square earlier today. The store, which is the 131st to open worldwide, features a life-sized Underground Tube carriage, where visitors can pretend to take a trip with a Royal Guard and a rather famous bard, but without the signal failures. The carriage, which took [...]
Gap shares slump as profits unravel for most recent quarter November 17, 2016 Shares in Gap have plummeted in after hours trading, after the retail giant revealed its incomes and sales had fallen during its most recent quarter. The figures Net income for the retailer for the 13 weeks to 29 October slipped to $204m (£164.2m), down 18 per cent from $248m for the same period the year before. [...]
Londoners are the most likely to take work off to bag a bargain on Black Friday November 17, 2016 Why work when you could shop? It seems a healthy chunk of us have been asking ourselves that very question, and have decided to skip work for the year's biggest day of discounting – Black Friday. According to a survey by discount retailer The Original Factory Shop (Tofs), seven per cent of us intend to [...]
E-cigarette innovation is stalling, a leading doctor has warned November 17, 2016 Innovation in electronic cigarettes will stall unless a bridging approach to new product regulations is made. New variants of e-cigarettes and next generation products risk being tied up in development, said James Murphy, head of reduced risk substantiation at British American Tobacco. Murphy gave a keynote speech today at the Next Generation Nicotine Delivery conference in [...]
Asda records ninth consecutive quarterly sales drop November 17, 2016 Asda has reported yet another sizeable drop in sales. The struggling retailer has posted a like-for-like sales drop of 5.8 per cent in the three months to the end of September. This is the the ninth quarterly fall in sales in a row for the company which is suffering due to intense price competition from discount [...]