Marks and Spencer: Good Christmas gives retailer a ‘spring in its step’ as food sales rocket to £2bn January 11, 2024 Marks and Spencer has maintained its guidance for the year after it racked in over £2bn in food sales over the Christmas period.
Brewdog to no longer pay ‘real’ living wage in scramble to save costs January 10, 2024 Brewdog is now opting not to pay staff the ‘real’ living wage in a scramble to shore up extra costs.
CVC set to splash the cash on German vitamin maker: reports January 10, 2024 Private equity giant CVC is set for a near-billion-euro deal to take over a German vitamin manufacturer, according to reports. Sources told Bloomberg that a €900m (£774m) deal to acquire Sunday Natural could be announced in the coming days. Neither party responded to comment requests from Bloomberg. Dealmakers are hoping for an uptick in M&A [...]
Greggs: Baker rakes in £2 of every £100 spent in hospitality industry – and analysts expect that to double January 10, 2024 British bakery and fast food chain Greggs said it plans to open between 140 and 160 net new shops in 2024, as it toasts soaring sales in the fourth quarter.
Gym Group sprints to a million members as Brits try to shape up January 10, 2024 Average revenue per member per month was also up nine per cent, helping revenue to climb 18 per cent to £204m.
Sainsbury’s keeps profit guidance as loyalty card Christmas boosts sales January 10, 2024 British supermarket Sainsbury’s thanked cash strapped shoppers using its loyalty card scheme for a bumper Christmas.
Domino’s Pizza launches Uber Eats trial in sales push January 9, 2024 Customers can now order Domino’s Pizza on Uber Eats, as part of a new trail between the fast food chain and the delivery service.
Asda private equity owners grilled by MPs as supermarket braces for historic strikes January 9, 2024 Asda’s private equity owners, TDR Capital, have refuted claims the firm is anti-trade union, as the supermarket braces for historic strike action.
Majestic Wine toasts best-ever Christmas as consumers quaff fine wine January 9, 2024 Majestic Wines toasted its best ever Christmas in its 43-year history as more than 60,000 customers shopped with the store for the first time.
Shoe Zone thanks back-to-school shopping for near 20 per cent profit boost January 9, 2024 High street retailer Shoe Zone thanked back to school shopping for a 19.1 per cent jump in profit before tax for the full year.