Tesco UK chief steps down as Britain’s biggest supermarket brings in former Aldi top exec October 26, 2023 Tesco’s UK division will bring in a senior executive from challenger grocer Aldi, following the departure of its veteran chief. Britain’s biggest supermarket said Matthew Barnes will take over after Jason Tarry today announced his upcoming departure today, following 33 years with the company. Tarry, who has been at the top for six years, will [...]
Britain’s oldest Casino rolls dice for last time as high end tourists ditch London October 26, 2023 The president of Genting Casinos UK told the outlet that there is a “combination” of factors which have put high-end London casinos at a competitive disadvantage to other global marketplaces.
London businesses pin hopes on Black Friday for sales boost after washout summer October 26, 2023 Black Friday, which starts on the 24th of November, is often seen as the start of the Christmas shopping period for many customers and high street stores.
We’re not performing warns new Unilever CEO as turnaround launched October 26, 2023 Boss Hein Schumacher said the outfit is not “reaching its potential” and productivity and returns have all “under-delivered”.
Pizza Express chewing over bid for Wagamama owner – but it’s already under offer October 26, 2023 Pizza Express is contemplating serving up a surprise bid for The Restaurant Group (TRG), but no formal offer has yet been made, it is understood. The British mock-Italian chain has apparently made initial contact with TRG in a step that could lead to a formal bid being made, according to reports late on Wednesday night [...]
No more KFC on Deliveroo as the Colonel chases ‘better commercials’ October 25, 2023 Fried chicken favourite KFC is ending its relationship with Deliveroo in a blow to the London-listed delivery outfit's customer offering.
Two more years of misery for London housing market, analysts suggest October 25, 2023 A recent report suggests house prices, including those in London, to decline in the coming months, but the decline will "not likely be sufficient".
Mike Ashley’s Frasers raises Boohoo stake to 16.5 per cent October 25, 2023 Frasers, the British sportswear group controlled by Mike Ashley, has raised its stake in online fashion retailer Boohoo to 16.5 per cent, according to a regulatory filing published on Wednesday. The group previously held 15.12 per cent. Frasers, formerly called Sports Direct, said in June its purchase of Boohoo shares was consistent with its strategy [...]
Wine sellers bottle it as middle-class customers scale back amid cost of living crisis October 25, 2023 Virgin Wines' chief executive officer, Jay Wright, is "confident" in the group's longer-term prospects — despite a 10 per cent drop in share price.
Soon-to-sell sofa chain ScS finds little comfort in cost of living Britain October 25, 2023 Sofa chain ScS has swung to a loss according to its preliminary results, with the soon-to-be acquired sofa chain blaming a challenging economic climate for the dip.