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Retail

  • Chaos on Edgware Road as woman gets stabbed in busy coffee shop while 30 Brits chase and beat up suspect

    October 20, 2022

    Members of the public chased and caught an alleged knifeman after a woman was stabbed in a west London coffee shop. The woman, in her 30s, was treated at the scene and taken to hospital following the attack at a cafe in Edgware Road on Thursday morning, the Metropolitan Police said. A man was detained [...]

  • Exclusive: West End bounces back with rush for fresh office space

    October 20, 2022

    The West End has come roaring back to life after firms committed 1.2m sq ft of office space in the third quarter. A race for space is also heating up, with the post-pandemic renaissance of the capital’s shopping heartland seeing prime rents for offices soar 6.5 per cent in the past year, data from Knight [...]

  • Naked Wines admits ‘mistakes’ as retailer sets out shake up

    October 20, 2022

    Naked Wines has announced a shake up of the business in a bid to cut costs,including 30 redundancies.  The wine retailer, which enjoyed booming sales in the pandemic, said it had “made mistakes” while pursuing “rapid growth.” Low consumer confidence and high levels of supply chain inflation had resulted in an underwhelming performance for the [...]

  • Dunelm sales slip as pent up demand eases against ‘demanding backdrop’

    October 20, 2022

     Dunelm posted dented sales after last year saw a flurry of pent up demand post-lockdown. In first quarter results, the homeware retailer said its sales were down eight per cent compared to the same period last year. Bosses said the performance came despite “a challenging environment”, posting sales of £357m. A dip in sales had [...]

  • Amazon could fork out £900m in compensation over favouring own products

    October 20, 2022

    Amazon could be forced to fork out £900m in compensation after the tech giant was accused of unlawfully favouring its own offers. The collective action lawsuit alleges that Amazon breached competition law and caused tens of millions of Brits to pay higher prices for products by obscuring better-value deals. The lawsuit, which is headed by [...]

  • Spam sales up nearly 40 per cent at Waitrose as price hikes bite

    October 20, 2022

    BRITAIN’S DISCOUNT retailers are set for a winter windfall – with even Waitrose shoppers turning to spam and fish heads as the cost of living crisis bites. The sales of both have risen more than a third at the high-end supermarket over the past year, the firm confirmed overnight. Analysts reckon budget grocers like Aldi [...]

  • More than a quarter of a million people visit new Battersea Power Station in opening weekend

    October 19, 2022

    Over a quarter of a million people visited the new Battersea Power Station last weekend, providing a much-needed boost to the new South London hotspot. Nearly forty years after the lights were switched off in one of London’s most defining landmarks and following an eight-year restoration project, visitors were able to enjoy the first of its [...]

  • Weed is on the way: Uber Eats enters cannabis market as delivery giant starts dropping marijuana at home

    October 19, 2022

    Uber Eats has confirmed plans to start delivering cannabis at home, thereby helping consumers to “steer them away from the underground market.” In a statement, the on-demand giant said it will begin delivering marihuana to customers in Toronto, Canada. The announcement follows a partnership between the company and online marijuana marketplace Leafly to deliver cannabis [...]

  • Amazon pushes into world of home insurance

    October 19, 2022

    Just when you thought Amazon sold pretty everything, the tech firm announces that it has launched a new home insurance shop. The new offering will allow customers to request and review insurance quotes, select a policy, and then checkout—all on amazon.co.uk The e-commerce giant firm only has three insurers signed up so far, including Ageas [...]

  • Netflix picks up 2.4m subscribers ahead of advertising model roll-out

    October 19, 2022

    Streaming giant Netflix picked up 2.4m subscribers in the last quarter, as it looks to roll out a new advertising model next month. Its revenue, income and membership exceeded expectations in the third quarter of the year, driven by major hit series sun as The Jeffrey Dahmer Story, Stranger Things S4, Extraordinary Attorney Woo, 
The [...]

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