Brits turn to ice cream, paddling pools, BBQs and fans as temperatures set to break record today July 17, 2022 Sales of paddling pools and fans are soaring and ice cream is set to break a record for the amount bought in a single week as Brits prepare for more heat with temperatures continuing to rise. With an “amber” extreme heat warning in place for much of England and Wales today, tomorrow and Tuesday, Tesco [...]
Heatwave: Extreme Red warning announced as temperatures to fetch record-breaking 40c next week July 15, 2022 The UK Met Office has issued a red extreme heat warning as temperatures of 40c are forecast for the first time. The move comes ahead of forecasts that next week on Monday and Tuesday it is expected to reach between 38 and 40 degrees. The record temperature for the UK is 38.7C reached in 2019. [...]
Amazon goes on UK hiring spree as e-com giant creates 4,000 new jobs July 15, 2022 Amazon has gone on a hiring spree in the UK, creating more than 4,000 permanent jobs this year. Spread across the UK, the new jobs will include positions at the Wakefield and Knowsley new fulfilment centres, where staff pack and ship orders. Corporate and technology as well as product management and software development jobs will [...]
Burberry feels the pinch of China’s lockdowns as market sales increase only one per cent July 15, 2022 Burberry has felt the pinch of China’s Covid lockdowns, as store sales in it biggest market increased only 1 per cent in the three months ended 2 July. Nevertheless, the fashion powerhouse reported a 16 per cent increase in overall sales – with the European, Middle Eastern and African (EMEIA) market performing particularly well. Store [...]
Amazon hopes to dodge EU fine by making changes to ‘anti-competitive’ practices July 14, 2022 Amazon has told EU antitrust regulators that it is willing to halt online-selling practices deemed as anti-competitive, in a bid to bat away two investigations. The tech titan could face a heavy fine if the investigations continue, with new EU restrictions set to target the marketing practices used by Amazon from next year. Now, the [...]
MPs urge ministers to back ‘all in’ recycling return scheme July 14, 2022 Some 20 MPs have urged the environment minister to back a scheme that would see Brits charged extra for purchasing drinks in single-use containers, redeemable upon recycling. Cross-party MPs urged George Eustice to “introduce the most ambitious scheme possible,” pointing to successful Deposit Return Schemes (DRS) across the globe. A scheme to encourage consumers to [...]
Upper Crust owner posts elevated sales as passengers face lengthy airport queues July 14, 2022 Upper Crust and Ritazza sites saw quarterly sales elevated as passengers flocked back to railway stations and airports. Travel food operator SSP said on Thursday its revenue had recovered to 87 per cent of 2019 levels for the third quarter, including a benefit from price hikes. It accredited the sales boost to an ongoing recovery [...]
Poundland sales resilient as shoppers more familiar with discount brands versus 2008 July 14, 2022 Poundland’s owner has reiterated its confident outlook, encouraged by the size of the discount market across Europe amid present economic turmoil. In a third quarter trading update, Pepco posted group revenues of €1.2bn, with year-to-date sales hitting €3.5m. The retailer, which also owns the Dealz and Pepco brands in Europe, said Poundland like-for-like sales had [...]
Dr Martens says sales of boots are in line with forecasts despite cost of living crunch July 14, 2022 Dr. Martens has assured shareholders its trading this year is in line with expectations, ahead of its AGM in north London on Thursday. In a trading update on Thursday morning, the boots maker said trading was as expected since the start of this financial year. The retailer acknowledged that ‘the early months of our financial [...]
Just Eat offers restaurants bikes, loans and cashback as they falter amid historic inflation July 14, 2022 Just Eat has unveiled a £1m support package with financial support for its independent restaurant partners as they struggle amid inflationary pressures. Small, independent firms in the UK will be able to access the support package, which includes marketing and financial support – that does not need to be re-paid. Businesses have been struggling in [...]