Blank Street: How the New York coffee chain plans to take over London October 31, 2023 City A.M. sits down with the UK managing director of Blank Street to hear how it plans to dominate London'scoffee market.
AB Inbev: Budweiser maker backs guidance despite falling volumes October 31, 2023 The drinks giant said that volumes fell by 3.4 per cent, with demand in other regions offset by falls in America and Europe.
Coca-Cola HBC reports strong growth despite fluctuating volumes in Russia and Ukraine October 31, 2023 Chief executive Zoran Bogdanovic said the company continues to invest in its future with a "clear" focus.
Reform business rates to keep food prices low, retail sector warns October 31, 2023 The rate at which food prices are increasing sank to its lowest level since last summer this month, as sector heads make fresh calls to the government to slash business rates to ensure the deceleration continues. According to the latest reading from the British Retail Consortium (BRC) food inflation came in at 8.8 per cent [...]
Shazam founder warns retailers to embrace AI – or lose out October 31, 2023 A founder of Shazam has said businesses must deploy AI in online shopping, or risk losing out to the likes of Amazon.
‘A few people tried to talk me out of it’: The Deutsche Bank analyst who opened up thriving Farmer J lunch chain October 31, 2023 Farmer J is on track to hit sales of c.£17m in 2023 and it has plans to open six more site launches next year.
Small business confidence grows — but it’s still stuck in negative territory October 30, 2023 Small business confidence has not been in positive territory since last year
Evri pays £8m in backdated pensions payments as profits slump October 30, 2023 Delivery service Evri, formerly known as Hermes, paid more than £8m pounds in backdated pensions payments to thousands of its self-employed workers, following pressure from the pensions watchdog and GMB Union to enrol them into pension schemes. The watchdog, alongside workers union GMB, has been encouraging gig economy companies – such as Evri – to [...]
Mike Ashley’s Frasers offloads Missguided to Shein just one year after acquisition October 30, 2023 Frasers Group will retain Missguided’s real estate and employees which have already been blended into the Sports Direct owners fashion division.
Are UK restaurants struggling to ‘keep their heads above water?’ October 30, 2023 A combination of "pressures" could be to blame for struggling UK restaurants, noted associate director at Mazars Paul Maloney.