Tortilla Mexican Grill says adios to long serving chief February 22, 2024 One of London’s most popular Mexican chain restaurants, Tortilla Mexican Grill, has announced the departure of its long-serving boss and their successor.
Nestle: Kit Kat and Nescafe maker’s sales below par as inflation hits demand February 22, 2024 Nestle, the Kit Kat and Nescafe coffee maker, reported lower than expected sales for the full year, as high inflation continued to impact customer demand.
Heathrow chief: Scrapping London tourist tax is ‘critical for the UK’ February 21, 2024 Retail businesses and a host of airports have since pleaded for the government to reinstate the tax break, with wealthy international shoppers choosing to splash their cash elsewhere.
Logo wars: Tesco and Lidl at Court of Appeal in latest instalment of clubcard row February 21, 2024 The logo at the heart of this dispute is Tesco's "Clubcard Prices" promotion which uses a blue square with a yellow circle, with the words 'clubcard prices' inside.
Angling Direct reels in revenue despite choppy retail environment February 21, 2024 Specialist fishing tackle and equipment retailer Angling Direct has continued to make profit despite disruptions from storms and an economic downturn. In an update, the publicly listed firm said revenue grew 10.2 per cent to £81.7m in the full year to January 2024. UK sales were also hiked nine per cent to £77m, as the [...]
Pawnbroker H&T snaps up Essex firm as recession drives Brits to borrowing February 21, 2024 Pawnbroker H&T has snapped up a rival firm in Essex for £11.3m, as the business continues to profit from cash strapped Brits amid an economic squeeze.
Tate & Lyle blames inflation for slip in revenue February 21, 2024 The update comes just days after the 100 year old brand revealed it would remove the dead lion from its plastic golden syrup and dessert bottles. A lion's head with a bee will replace the iconic logo.
Frasers boss Mike Ashley’s legal battle against Morgan Stanley kicks off in London February 21, 2024 Ashley's business is claiming the US bank used "unlawful means" to close out bets on Hugo Boss stock, which resulted in the company losing around £50m.
Walmart shares hit all-time high on solid holiday quarter sales February 21, 2024 Walmart shares closed at a record high and led the Dow Industrials after forecasting fiscal 2025 sales above Wall Street expectations and raising its annual dividend by 9%.
Currys’ largest shareholder warns Elliott offer ‘highlights London equity market drain to US’ February 20, 2024 The head of Currys' largest shareholder Redwheel, a hedge fund formerly known as RWC said Elliott Advisors' proposed takeover offer of the retailer has “highlighted a wider problem with the UK equity market.”