Gopuff to boost UK focus as rapid grocery app prepares to leave Spain August 30, 2022 Rapid delivery platform Gopuff intends to amp up its focus on the UK as it departs Spain, in an endeavour to close in on profitability. The start-up is intending to slim its operations, a source familiar with the matter told Bloomberg yesterday. However, the UK is one of the platform’s fastest growing markets, with revenue [...]
Hotels cashed in on scorching summer but face gloomy winter freeze August 30, 2022 British hotels cashed in last month during a scorching heatwave, but the industry fears its profits will freeze up as the UK prepares for bleak economic times. Holiday destinations across the country had a record-breaking summer with a new survey showing more than 77 per cent occupancy in July compared to 73 in June. This [...]
Sainsbury’s to save 17m food items from waste by removing best before dates August 30, 2022 Sainsbury’s plans to save 17 million food items a year from waste by removing ‘best before’ dates. The supermarket giant will take off the date from 276 of its own brand items and more than 100 fresh produce products, such as onions, tomatoes and fruits. More than 130 items will follow, including potatoes, with [...]
Exclusive: Grind teams up with Soho House to conquer the States as coffee brand opens first branch in LA August 30, 2022 City A.M. can reveal this morning that cult London coffee brand Grind has opened its first site outside the UK by taking its business model across the pond. David Abrahamovitch, the company’s CEO and co-founder, told this paper today that Grind the chain’s first non-London branch has opened its doors in Los Angeles, California. In partnership with [...]
Notting Hill Carnival: Man, 21, fatally stabbed as police launch murder investigation August 30, 2022 Notting Hill Carnival was rocked by a fatal stabbing yesterday, as police launched a murder investigation. Officers responded to reports of the incident at 10pm on Monday in Ladbroke Grove, under the Westway flyover. The victim is a 21-year-old man who was given first aid by police before ambulance services removed him from significant crowds. [...]
Revolution Beauty to suspend trading as it fails to complete audit August 30, 2022 Revolution Beauty has said it will suspend trading of its ordinary shares as the retailer fails to complete its audit for the financial year.
Joules pushes back against rumours that Next rescue deal has soured August 30, 2022 Joules has pushed back against reports that discussions with Next over a rescue deal have soured.
Pubs and brewers at risk from energy crisis, warn UK’s biggest pub companies August 30, 2022 Pubs and brewers across the UK are at risk of closure within months amid price hikes upwards of 300 per cent, industry bosses have warned. Bosses of six of the UK’s biggest pub and brewing companies have signed an open letter to the Government urging it to act in order to avoid “real and serious [...]
Asda eyes up Co-op’s petrol business in £450m bid August 29, 2022 Asda is the front-runner to buy approximately 130 petrol stations and convenience stores from the Co-op Group’s petrol forecourt business in a £450m swoop.
Store closures at lowest rate in seven years as high street bounces back August 29, 2022 Store closures are at the lowest rate in seven years, despite the increasing pressure on the high street.