Virgin Wines sees sales tick up despite ‘subdued’ consumer landscape January 22, 2024 Virgin Wines has reported that sales ticked up in the second half of 2023, despite a “subdued consumer economic landscape” which has weighed heavily on the sector's bottom line over the last year.
Compass Group snaps up Kew Gardens catering rival for £475m January 22, 2024 Contract caterer Compass Group has entered into a £475m takeover deal of a rival firm, which provides hospitality services for the likes of Kew Gardens and the Royal Opera House.
Canary Wharf hits new record as Docklands hub goes seven-days-a-week January 22, 2024 Retailers at Canary Wharf Group reported a record number of visitors last year, as the boss behind the operation hailed it as a “seven day week” operation.
London is still attractive to foreign investors, says Excel Centre boss January 21, 2024 The chief executive of the Excel Centre has said foreign investors remain bullish on London despite a recent drop in UK projects.
Mouthwash, teabags and sausages latest examples of ‘shrinkflation’ – Which? January 20, 2024 Shrinking mouthwash bottles, fewer teabags and sausages with less pork are among downsized and downgraded supermarket products as manufacturers and retailers cut costs, a watchdog has found.
Deliveroo: Brits buying takeaways helps app exceed guidance January 19, 2024 Deliveroo benefited from a surge in demand as it announced being ahead of its previously-raised profit guidance last year. The takeaway delivery giants said in a fourth quarter update to investors, its gross transaction value (GTV) remained “resilient” with an improved trend in orders, seeing a seven per cent leap to £1.09bn in the UK [...]
DFS cuts revenue guidance after muted UK retail Christmas January 19, 2024 The furniture retailer still expects to meet underlying profit guidance despite a fall in demand
Retail sales crash 3.2 per cent in December as struggling high street hits Covid-era low January 19, 2024 UK retail sales plummeted 3.2 per cent in December, well below analyst expectations and the largest monthly fall since January 2021 when coronavirus restrictions pushed down sales. Analysts had expected sales to fall by 0.5 per cent in the last month of the year, but a significant drop in both food and non-food store sales [...]
Harrods Corporate Service January 18, 2024 Harrods Corporate Service are experts in creative business gifting solutions, from any brief or budget, the dedicated account managers are experts in helping businesses communicate, celebrate millstones, motivate and reward. With first-hand access to some of the most exclusive products and services in the world from every department across the renowned Knightsbridge store from the [...]
Poundland owner Pepco warns disruption in the Red Sea could raise freight costs January 18, 2024 Poundland owner Pepco has warned that disruption at the Red Sea could lead to higher freight costs and hit product supply.