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Retail

  • Deliveroo, Just Eat, Amazon and Uber: Delivery apps charging DOUBLE for supermarket groceries, says Which?

    June 3, 2023

     Ordering supermarket groceries via a delivery app such as Deliveroo, Just Eat or Uber Eats could cost twice the price of buying directly from the same store, according to Which? Meanwhile, Amazon is charging up to 45 per cent  more for Morrisons products than if they were bought from the supermarket’s own website, the consumer [...]

  • Phillip Schofield: I have ‘lost everything’ after the affair

    June 2, 2023

    Phillip Schofield said he has “lost everything” in the wake of his affair with a younger male colleague and told of a “catastrophic effect” on his mind. The former This Morning presenter, 61, said the fallout from the revelations had been “relentless” and urged the media to leave his former lover “alone now”. Speaking to [...]

  • Durex-maker Reckitt shakes up top level with new hire

    June 1, 2023

    Durex-maker Reckitt has shaken up its top level management announcing the appointment of new presidents of its health and nutrition divisions.  The new hires come two months after the cleaning-products-to-sexual-health company welcomed the appointment of Kris Licht as head of global business – with Licht taking over the role later this year.  Patrick Sly, who is [...]

  • Toys ‘R’ Us returns to high street with new WH Smith partnership

    June 1, 2023

    Toys ‘R’ Us will make its return to the high street after five years, revealing plans to open nine concession stands in WH Smith.  In 2017, the children’s retailers declared bankruptcy after years of rising debt and dwindling sales and the following year it shut all 100 of its UK stores.  Its collapse was linked [...]

  • Dr Martens share price tumbles 11 per cent as pre-tax profits miss forecasts

    June 1, 2023

    Dr Martens will launch a share buy back programme of up to £50m as the boot maker looks to up investment following a 26 per cent slide in pre-tax profits following bottleneck issues in its US warehouse.  The London-listed retailer hit record revenues during the year of £1bn, as sales recovered post-pandemic and it opened [...]

  • Supermarkets scramble to cut diesel pump prices amid watchdog probe

    June 1, 2023

    Supermarkets are rushing to cut the cost of diesel after the Competition and Markets Authority (CMA) announced a probe into whether a “failure in competition” between supermarkets is leaving Brits paying more than they should be at the pumps. According to RAC analysis, major retailers have “quickened the pace” of diesel cuts, with the average [...]

  • Bumper Bank Holiday drives footfall levels up

    June 1, 2023

    Bumper bank holidays in May helped hike footfall levels as work-free Brits flocked to the high streets to drink and shop in a welcomed boost for businesses.  Footfall over the last month climbed 3.6 per cent, the second month in a row in which levels have risen following a 3.3 per cent jump in April, [...]

  • It has to be Heinz? Not in this economy, till reports suggest

    May 31, 2023

    Shoppers are continuing to switch to supermarket ketchup, milk and cereal own-brands to cut down on spending amidst the cost of living crisis.  Volume sales in store branded products surged 63.3 per cent in the fast moving consumer goods (FMCG) category during May, figures by consumer intelligence company NIQ show.  Food prices have surged since [...]

  • Slowing UK economy appears good news for discount retailer B&M

    May 31, 2023

    Brits seeking out bargains has helped drive B&M customer numbers up every month since June, as the group plans to roll out 30 more stores across the UK to up keep demand.  For the year, the budget chain, which sells homewares and food, gained revenues of £4.9bn up from £4.6bn, as the group improved its [...]

  • How airports and captive audiences are driving a revenue spike at WH Smith

    May 31, 2023

    WH Smith continued to reap the benefits of resurgent post-pandemic travel demand, with the newsagent improving its expectations for the financial year in a trading update this morning, on the back of a 31 per cent year on year rise in revenues from its airport shops. In the 13 weeks to May 27, the newsagent [...]

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