PureGym: “If we build it, they will come” says gym chain riding out cost hikes August 24, 2023 Value fitness club PureGym appears to have muscled its way through the start of the cost of living crisis with revenues spiking almost a fifth. During the quarter it steamed ahead with its expansion plans to open one new site per week, amounting to 20 new sites in the UK. The business, which offers competitive [...]
Pret-A-Manger doubles discount on Club Pret as chain looks to take scheme international August 24, 2023 Pret-A-Manger will double the discount it offers on its Club Pret subscription from 10 per cent to 20 per cent as the chain rolls out the loyalty scheme worldwide. Lovers of the cafe’s sandwiches and snacks will now enjoy further discounts alongside five ‘free’ coffees a day. However, Pret will still charge £30 for the [...]
London’s West End ‘picking up’ after £102m worth of deals bolsters high street August 23, 2023 The West End showed signs of “picking up” in July as demand from businesses to secure a spot in London’s premier shopping district led to a cluster of five deals totalling £102.2m taking place. So far this year some 58 property transactions have taken place and turnover year to date has reached £1.92bn. This is [...]
Holidaymakers rejoice as JD Wetherspoon opens SECOND pub at Heathrow airport August 23, 2023 In some great news for London jetsetters who enjoy a frosty glass of lager before taking off, JD Wetherspoon has announced it is opening its second pub at Heathrow airport. The budget boozer will open ‘The Star Light’ in Terminal 4 of the busy Hounslow travel hub in the place of former site of Carluccio’s [...]
Ocado unveils price cuts on 200 goods as shares rise slightly August 23, 2023 Ocado’s share price grew just under one per cent on Wednesday following news it would slash prices on 200 more goods to entice customers. In recent months the tech-driven supermarket, which is owned as part of a joint venture with M&S, has been distancing itself from its reputation as an upmarket grocer with the brand [...]
Waitrose: Supermarket gets with the times and launches £5 meal deal August 23, 2023 Upmarket grocer Waitrose has followed in the footsteps of its fellow highstreet stores and launched a meal deal offer. It will launch the British lunchtime staple, which usually consists of a sandwich, drink and snack, on the 30th of August, pricing it at £5. Waitrose has sold pre-packaged sandwiches and wraps in its stores but [...]
Reckitt: Retiring CFO to be replaced by Nike finance boss August 23, 2023 Consumer goods giant Reckitt has announced the retirement of its chief financial officer, Jeff Carr, drafting in a business veteran from Nike to replace him. The firm said that Carr will step down next March after nearly four years at the company, with Reckitt praising him for his reducing its net debt and guiding the [...]
Getir to slash 2,500 job roles as demand for delivery fades August 22, 2023 Grocery order service Getir will slash 2,500 jobs from its global workforce, in the latest signal that demand for rapidly delivered goods is dwindling. The startup has said it is cutting 10 per cent of its 23,000 strong workforce across the UK, Netherlands, Germany, the US and its homeland of Turkey. In recent months the [...]
Why Harry Kane’s lifetime contract with Skechers is no average football boot deal August 22, 2023 “Own it, own who you are and own what you want to achieve.” That was the main message that Harry Kane wanted fans to take when announcing his lifetime partnership with Skechers, as the footwear company joined the likes of Castore as disruptors in a sportswear sector long dominated by Adidas, Nike and Puma. The [...]
Pubs push on with demand to loosen licensing laws after World Cup sales boost August 22, 2023 Pubs are continuing with their demands to amend the country’s licensing laws to permit them to sell alcohol earlier in the day on special occasions. Calls to change the law were ignited in the run up to the Women’s World Cup final. Typically, trading laws only prohibit pubs from pouring drinks from 11:00am, so many [...]