Black Friday sales due to drop by a quarter as cash-strapped Brits hold off for Christmas November 16, 2023 Overall, the proportion who do not intend to buy at all has increased from 39 per cent last year to 56 per cent.
Future of Britain’s high streets depends on business rates support, industries warn November 16, 2023 Britain's high streets could be set for further decline if the government doesn't continue business rates support in the upcoming autumn statement, a group of retail, hospitality and leisure organisations has warned.
Could this last-minute reservation app help fix London hospitality’s no-show problem? November 15, 2023 Ambl, which now has 600,000 downloads, was launched last year by former financial sales worker Aaron Solomon after he struggled to find a table to entertain clients.
Fuel retailers face fines if they do not ‘come clean’ over pricing November 15, 2023 Fuel retailers face fines if they fail to be more transparent on pricing, Energy Secretary Claire Coutinho has announced.
Asda slashes debt as value range sales surge November 15, 2023 Asda has reduced its debt pile from £4.2bn to £3.9bn, according to its third quarter results, thanks to “strong cash generation” at the UK supermarket. The ‘Big Four’ grocer, said that during the term like-for-like sales, excluding fuel, increased by 2.8 per cent to £5.4bn compared to the same period last year. Food like-for-like sales [...]
Pub group Fuller’s hails ‘seven day a week City of London’ as it readies for bumper Christmas November 15, 2023 Fuller's is "primed for a strong Christmas", while its bookings are already soaring 11 per cent ahead of what they were last year.
Ex-media man takes chair role at consumer giant Reckitt November 15, 2023 Reckitt told markets this morning that the business mogul would replace the former frontman for Mattel who held the role for almost a decade.
Iceland blames Russian war for whopping £95.7m energy bill November 14, 2023 Iceland, the frozen food supermarket, has blamed a “global surge” in wholesale prices following the war between Russian and Ukraine for its hefty £95.7m energy bill in the year to March. The value grocery chain, which specialises in frozen processed food, said that forking out for the “wholly unprecedented” charge led to a £35m loss [...]
McDonald’s: Sexual abuse at fast food chain ‘normal’, union chief warns November 14, 2023 The president of the Bakers, Food and Allied Workers Union, said that it was “normal” for McDonald's employees to be touched inappropriately.
Revolution Beauty: Shake-up of top team gives stability with revenue up 20 per cent November 14, 2023 Troubled make-up brand Revolution Beauty has posted a 20 per cent rise in revenue, as a shake-up of its top team appears to have provided some stability for the brand after a volatile few months. In the six months to August, the cosmetics maker said that adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) [...]