Ocado: Are price cuts and M&S magic enough to help shares recover? January 14, 2024 Ocado will update investors on its fourth quarter trading on Tuesday, to see if a barrage of price cuts has managed to win over more customers amid the cost of living crisis. The supermarket technology business, which owns an online grocery venture with Marks and Spencer, enjoyed big wins during the pandemic but has struggled [...]
Battersea Power Station welcomes 11 million visitors in boost for retail January 14, 2024 Battersea Power Station welcomed over 11 million visitors last year, as shoppers flocked to the former derelict building.
John Lewis brings back former fashion boss in bid to turn fortunes around January 12, 2024 John Lewis is bringing back its former director Peter Ruis to lead the department chain, in its latest efforts to turnaround the business. Ruis will return to the ailing retailer as executive director after a near decade long hiatus. The high street heavyweight has had senior level stints at some of the world’s most recognised [...]
Hello Fresh whacked with £140k fine over millions of spam emails January 12, 2024 Hello Fresh has been whacked with a £140k fine for a campaign of 79 million spam emails and one million spam texts over a seven-month period.
Business behind Secret World War II tunnels to float on London market January 12, 2024 A business planning to turn secret World War II tunnels under Holborn into a tourist attraction has announced plans to float on the London stock market.
Burberry shares crater after luxury goods profit warning January 12, 2024 Burberry now expects adjusted operating profit for the financial year ended 30 March 2024 to be in the range of £410m to £460m.
Sainsbury’s launches new EV charging unit to address UK shortage January 12, 2024 Sainsbury's has today launched a new EV charging business designed to give customers access to chargepoints at its stores.
Fortnum and Mason heralds ‘resurgence of shopping in real life’ as it sells 700k packets of posh biscuits January 11, 2024 Fortnum & Mason sold over 700k packets of posh biscuits over Christmas, as shoppers traded up over the festive period.
‘Restaurants can’t be run off a spreadsheet,’ says new chief of Neapolitan pizza business Franco Manca January 11, 2024 A restaurant business cannot be run off a spreadsheet, the newly appointed boss of pizza specialist Franco Manca has said, amid a period of widening losses for the UK’s casual dining market.
Four London pubs go up for sale – including the Ten Bells January 11, 2024 Four pubs run by East London Pub Co. have gone up for sale this week as cost-of-living pressures and work from home initiatives continue to take their toll on the capital’s bar scene. The Ten Bells in Spitalfields, The Saxon in Clapham, The Lock Tavern in Camden, and The Gun in Spitalfields are named as [...]