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Retail

  • Confirmed: Thousands of post Office collection and cash delivery workers to strike on 14 July

    July 1, 2022

    Post Office collection and cash delivery workers are to stage a one-day strike later this month in a dispute over pay. Members of the Communication Workers Union (CWU) employed in supply chain and admin jobs will walk out on 14 July. The workers deliver cash, valuables and essential supplies to thousands of sub-post offices, process [...]

  • Complaints from EU push Amazon to allow two-click cancellation for Prime

    July 1, 2022

    Amazon have made it easier for users to cancel their Prime subscriptions in just two clicks after consumer groups took their grievances about the e-commerce giant to the EU last year. The European Consumer Organisation (BEUC), the Norwegian Consumer Council and the Transatlantic Consumer Dialogue criticised Amazon for pushing users to go through a number [...]

  • UK food prices now over seven per cent higher than 2021 with perishable goods leading the way

    July 1, 2022

    Food and consumer goods prices across Europe are now 6.9 per cent higher than they were a year ago, rising to 7.5 per cent in the UK. According to new data released by NielsenIQ today, more than eight FMCG categories​ out of 10 showed increasing inflation rates during the 12 week period ending April 24 [...]

  • British staycations under threat as hotels ‘turning away guests’ due to staff shortages, BCC boss warns

    June 30, 2022

    The British staycation is under threat as hospitality firms struggle with staff shortages this summer, the director general of the British Chambers of Commerce (BCC) warned yesterday. Shevaun Haviland said the country was “already seeing a drag on economic growth due to the lack of people in our labour market.” Hotels had been “turning guests [...]

  • Amazon restricts LGBTQ+ search results in UAE following government pressure

    June 30, 2022

    Amazon has restricted search results for LGBTQ+-related products in the United Arab Emirates after the government imposed threats on the US retail giant. As first reported by the New York Times, search terms like ‘LGBTQ’ and ‘pride’ were banned, as well as product searches such as ‘transgender flag’, and ‘chest binder for lesbians’. When searched, [...]

  • Square Mile’s post-pandemic leisure revival to be spearheaded by top West End marketing guru

    June 30, 2022

    The West End’s top marketing guru has been brought on board by the Square Mile to lead its post-pandemic leisure revival. Luciana Magliocco will spearhead Destination City, in a bid to “redefine” the oldest part of the capital after multiple lockdowns hit retailers, pubs and bars hard. Three big events are already planned for Autumn, [...]

  • Boots posts uplifted sales as owner Walgreens shelves plans for £5.5bn auction

    June 30, 2022

    Boots has posted buoyant quarterly retail sales after its parent company abandoned plans to sell the chemist this week. In third quarter results, Walgreens Boots Alliance (WBA) stated profit was down on last year but had surpassed Wall Street expectations. The retail pharmacy giant posted adjusted earnings of $0.83bn or $0.96 per share for the [...]

  • Mike Ashley’s Frasers Group snares stake in Australian fashion marketplace as retail swoop continues

    June 30, 2022

    Mike Ashley’s retail empire has nabbed a 29 per cent stake in Australia’s fashion platform MySale. Frasers Group has snared a 28.7 per cent holding in MySale, in its latest retail swoop, it announced on Thursday morning. My Sale puts global buyers in touch with sellers to Australian and New Zealand e-commerce sites.  London-listed Frasers [...]

  • ‘The sex toy bubble has burst’: Brits spend less on self-pleasure as food and energy bills swallow their budgets

    June 30, 2022

    Brits are spending less on self-pleasure as they are forced to focus on paying for food and utilities instead. Research compiled by The Open University shows that the impact of the current cost of living crisis is hitting UK consumers hard, with 83 per cent of adults are reporting a rise in the cost of living, with 51 per cent having to spend [...]

  • Heinz baked beans and ketchup disappear from Tesco shelves amid price increase row

    June 30, 2022

    Tesco, the country’s largest supermarket, is facing shortages of Heinz baked beans and ketchup after a row over price hikes. The US salad-cream maker has hit pause on supplying Brits’ cupboard staples, with some stores having already run out of products and some unavailable to order online. A Tesco spokesperson said: “With household budgets under [...]

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