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Retail

  • Deliveroo treads water in first quarter but still projects growth for 2024

    April 18, 2024

    Deliveroo said orders were flat, reflecting the stagnant market, and the consumer landscape was "more stable but still uncertain".

  • Activist investors urge KitKat maker Nestlé to reduce reliance on sugar, fat and salt

    April 18, 2024

    A resolution filed by a group of Nestlé shareholders will go to vote today at its annual general meeting, demanding one of the world's biggest food makers reduces its reliance on products which have high levels of sugar, fat and salts. 

  • Drop the yellow circle? Tesco commences its £7m (plus fees) Clubcard rebrand after losing battle with Lidl

    April 17, 2024

    Tesco has begun a £7m rebrand of its Clubcard Prices logo after losing a trademark battle against rival supermarket giant Lidl last month. Britain’s biggest supermarket, Tesco, was sued by German supermarket Lidi over its Clubcard Prices’ promotion which used a blue square with a yellow circle with the words ‘Clubcard Prices’ inside the box. [...]

  • Time Out to open in Budapest, Abu Dhabi and Vancouver in 2025 – but still no London market

    April 17, 2024

    To add to its existing seven food and drink markets, Time Out also has plans to open eight other sites in the next three years.

  • Just Eat: Brits continue to scoff takeaways but other nations lose their appetite

    April 17, 2024

    Only Brits ordered more takeaway from Just Eat in the first three months of 2024, compared to the same period last year.

  • Entain: Ladbrokes owner’s revenues hit by gambling regulations

    April 17, 2024

    Entain said that as the UK regulatory landscape levels out, it will "position our brands well for growth into 2025".

  • Asos ahead of schedule turning ‘stock into cash’ as revenue drops 18 per cent

    April 17, 2024

    Online retailer Asos said it was ahead of plan with its stock reduction process, as it ploughs ahead with its turnaround plan.

  • Superdry and Dr Martens shares tank on London exits and fears for the future

    April 16, 2024

    Shares in Superdry tanked by over 33 per cent following an announcement by the company that it would bid adieu to the public market as part of a scramble to stay alive. 

  • Chapel Down: Record harvest helps UK’s biggest winemaker fizz to the top

    April 16, 2024

    Chapel Down has reported record company sales for the year ended 31st December following a strong harvest. 

  • Bargain-loving Brits help drive profit at B&M with 45 new stores in the pipeline

    April 16, 2024

    Value retailer B&M Bargains is expecting profits to come in at the top range of guidance, as demand for bargain goods continues to surge amid the cost of living crisis. 

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